GUIDELINES ON APPLICATION FOR INTERACTIVE GAMING LICENSE

• iGlobalPoint.Com Corporation ("Regulator", for brevity) offers two (2) types of interactive gaming licenses, namely:
  • The Complete Interactive Gaming License allows the operator to launch multiple gaming platforms such as Internet Casino Games, Sports Book, Mobile E-casino Games and Live Casino Games. Initially, sports booking operations shall cover only two (2) sports, namely soccer and basketball. Upon renewal, the license can cover optional sports but it shall have a maximum limit of four (4) sports. Optional sporting events include tennis, baseball, boxing, horse racing, motor racing, volleyball, hockey, snooker, pool, and lottery. The availment of optional sports shall incur additional charge for each additional sport.
  • The Limited Interactive Gaming License only allows the operator to launch a sports book type of games. The Initial Limited Interactive Gaming license shall cover only two (2) sports, namely soccer and basketball. Upon renewal, the license can cover optional sports but it shall have a maximum limit of four (4) sports. Optional sporting events include tennis, baseball, boxing, horse racing, motor racing, volleyball, hockey, snooker, pool, and lottery. The availment of optional sports shall incur additional charge for each additional sport.
• Any person or entity who/which wants to apply and secure either a Complete Interactive Gaming License or a Limited Interactive Gaming License in the ZAMBOECOZONE and exclusively for the international market shall download and secure from the Regulator's website the following documents: In case the Applicant is an existing Interactive Gaming operator with a License in another jurisdiction, and desires the issuance of a Provisional License in its favor, it shall be required to submit, in addition to the aforementioned requirements, certified true copies of the License issued by another jurisdiction, Corporate Declaration results, Key Personnel License(s), and software results.
  • Application Form for Interactive Gaming License in the ZAMBOECOZONE;
  • Corporate Declaration Form;
  • Key Personnel License Application Form;
  • Interactive Gaming Code of Conduct;
  • Interactive Gaming Control System Guidelines;
  • Application Form for ZAMBOECOZONE Enterprise; and
  • Guidelines for the Preparation of Project Proposal.
• An Applicant for an Interactive Gaming License must comply with the following requirements:
  • It must be a duly constituted ZAMBOECOZONE business enterprise registered with ZEZA;
  • It must submit with the Regulator an application for an Interactive Gaming License to be supported by the following documents, namely:
    • Corporate Declaration Form;
    • Key Personnel License Application Form;
    • Signed conformity to the Interactive Gaming Code of Conduct;
    • Signed conformity to the Interactive Gaming Control System Guidelines; and
    • Such other documents that ZEZA or the Regulator may require.
• Applicant submits with the Regulator the accomplished forms and required supporting documents, together with the payment of the non-refundable application fee.
  
  NOTE: All information provided by the Applicant to the Regulator shall be held in the strictest confidence and shall not be used by either ZEZA or the Regulator for any purpose other than matters pertaining to this Application, unless it is required for administration or enforcement of R.A. No. 7903, otherwise known as the “Zamboanga Ciy Special Economic Zone Act of 1995”, or the Interactive Gaming Rules and Regulations or if it is related to an official investigation.
• The Regulator shall conduct a preliminary evaluation to determine the completeness of all the information and documents submitted by the Applicant.
  • In the event that the Regulator determines that all the submitted documents of the Applicant are complete and compliant with the Interactive Gaming Rules and Regulations, it shall forward the License Application form; the Corporate Declaration Form; and Key Personnel License Application Form, to an accredited probity checker/evaluator. The Regulator shall likewise require the submission of the Applicant's Interactive Gaming System software for testing and evaluation by any of the accredited Interactive Gaming software checkers/evaluators.
  • In the event that the Regulator determines that any of the submitted documents is incomplete or deficient, or is non-compliant with the Interactive Gaming Rules and Regulations, then it shall inform the Applicant of such incompleteness, deficiency, or non-compliance in detail and shall require the latter to complete or correct them within sixty (60) days from notice. Should the Applicant fail to do so, the non-refundable deposit shall be forfeited and the Application shall be archived until revived by the Applicant upon the payment of a non-refundable revival fee.
• Should the Applicant's Corporate Declaration Form and the Key Personnel License Application Form be cleared by the accredited checker/evaluator, and at the same time, the Applicant's Interactive Gaming System software passes with the accredited Interactive Gaming software checker/evaluator, then the Regulator shall approve the Application and forward it to ZEZA for registration as a ZAMBOECOZONE enterprise.
  
  In the event that the Applicant's Corporate Declaration Form and the Application Form for a Key Personnel License are not cleared by the accredited checker/evaluators, and/or the Applicant's Interactive Gaming System software fails the test and evaluation conducted by the accredited software checker/evaluator, then the Application shall be deferred pending compliance with all the noted deficiencies.
• Should the application merit approval, ZEZA and the Regulator shall issue a non-transferable Interactive Gaming License not later than thirty (30) calendar days following receipt of the completed application and compliance with all the requirements of the Interactive Gaming Rules and Regulations.
• The issuance of the Interactive Gaming License shall entitle and subject the Licensed Operator to all the benefits, privileges, and obligations under R.A. No. 7903, its Rules and Regulations, the Interactive Gaming Rules and Regulations, and other regulations that may be promulgated by ZEZA and the Regulator.
• The Interactive Gaming License issued to the Licensed Operator shall be non-transferable; not be subject to any mortgage or encumbrance; not be subject of sale, transfer, assignment, or conveyance; and not be sub-licensed to others. Any violation of any of the foregoing restrictions shall mean an automatic revocation of the Interactive Gaming License.
• All Interactive Gaming Licenses issued by ZEZA and the Regulator shall be valid for a period of one (1) year from issuance. They may be renewed every year upon the filing of a renewal application and upon payment of the prescribed fees at least sixty (60) days prior to the expiration of the validity of the Interactive Gaming Licenses.
  
  In the event that the Licensed Operator decides not to renew its Interactive Gaming License, it shall file a written notice of such decision within sixty (60) days prior to the expiration of the validity of such license.
• The Regulator shall charge the following fees for the acceptance, processing, issuance and renewal of all applications for Interactive Gaming Licenses:
  
  A Licensed Operator that fails to pay any fees by their respective due dates shall liable to a surcharge equivalent to one hundred percent (100%) of the prescribed fees. The fees and the surcharges shall be deemed as debts due to the Regulator by the Licensed Operator and may be collected and/or recovered in accordance with existing laws, rules and regulations.