Memo to Electronic Games Operators deadline to update the Performance Cash Deposit to its required amount

ASure Bet for Philippine Amusement and Gaming Corporation Progress in Ganing Entertainment and Nation Building

June 21,2018 MEMORANDUM

TO :ALLGAMING SITEOPERATORS(ELECTRONIC GAMES)

FROM THE ASSISTANT VICE PRESIDENT GAMING LICENSING AND DEVELOPMENT DEPARTMENT

SUBJECT POSTING OF PERFORMANCE CASHDEPOSIT

under the Gaming Site Regulatory Manual (GSRM)for Electronic Games version 3.0 as amended. Operators who are still found to be non-compliant after the June On June 13, 2018, the Board of Directors of PAGCOR, approved a deadline of until required Performance Cash Deposit (PCD) amount of Php500,000.00 as prescribed 30, 2018 deadline shall be charged ten (10) demerit points for every month of non- compliance. June 30,2018 for existing electronic games operators to update and comply with the

Inc. (IEST) in order to verify your compliance with the prescribed PCD amounit. In this regard, Operators who are non-compliant with the Php500,000.00 PCD amount must update the same before June 30, 2018 to avoid penalties/demerits. PAGCOR shall coordinate with Inter-active Entertainment Solutions Technologies.

For your strict compliance.

Thank you.

RAMON STEPHEN R.VILLAFLOR

CC:OCCEO Inter-Active Entertainment Solutions Technologies, Inc. (IEST) AVP,LRG

/rgu/aam/a6-97

PAGCOR HOUSE:1330 Roxas Boulevard Ermi VOAC UOC site:www.pagcor.ph 100u Tel(632521 128222-037 MTS#.