Cagayan Economic Zone Authority is a government owned corporation made for the development of the Cagayan province in the Philippines. It has been established since 1997 and continues to develop all kinds of projects to promote the economy in the area.
Some of the economic activities include tourism, industrial and interactive gaming. The economic zone has a similar customs duty to other important economic hubs like Hong Kong, Singapore and Lubuan, Malaysia. Many investors are drawn to this area's strategic location and business opportunities.
CEZA is an Economic Zone and also includes a Gaming Authority. The zone regulates gaming licenses that it gives out for online casinos and land based gaming activities. There is no need for such casinos to secure a licence from PAGCOR.
CEZA is supported by a state of the art telecommunications network and other important infrastructure for interactive gaming. Sports betting, casinos and Random Number Games (RNGs) are all licensed by CEZA.
The zone also aims to regulate online casinos and enforce licenses. It supports responsible gambling and the ethical behavior of operators. This makes it fairer for players using online slots and other casino games.
CEZA is an important issuer of licenses in the Asian region and will continue to offer players and investors many incentives.
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