Instant Sweepstakes Guidelines and Requirements

PCSO guidelines and requirements for instant sweepstakes authorise distributor

Your Browser Doesn't Support Canvas. Showing the Text Content of the PDF Instead: INSTANT SWEEPSTAKES AUTHORIZED DISTRIBUTOR APPLICATION
REQUIREMENTS/CHECKLIST

A. PROGRAM
Through the Instant Sweepstakes, the PCSO is offering to all qualified
Authorized Distributor (AD) the production, warehousing, advertising, marketing,
distribution/selling of instant sweepstakes tickets worth FIVE BILLION PESOS
(₱5,000,000,000.00) for a period of FIVE (5) years on a considered sold basis and at no
cost to PCSO.
B. COVERAGE
The Instant Sweepstakes shall be implemented throughout the Philippines.
C. CRITERIA FOR AUTHORIZED AGENT DISTRIBUTOR



Must be a corporation duly registered with the Securities and Exchange
Commission (SEC)




The corporation must at least be 60% Filipino owned.
Capitalization of the corporation:
Paid up Capital

-

Minimum of ₱ 25,000,000.00

Authorized Capital Stock

-

Minimum of ₱100,000,000.00

D. DOCUMENTARY REQUIREMENTS [in six (6) sets]:
Basic Documentary Requirements







Letter of Intent;
Company Profile including list of clients;
List of products/items being offered including brochures and catalogues, if any;
Detailed location sketch of company office, factory and/or warehouse.
Photocopies of manufacturers’ Certifications/ Accreditations/ Compliance with
the World Lottery Association/ ISO Standards and/or from internationally
recognized gaming laboratories on the system security control standards.

Legal Documents
Certified True/Machine Copy of the following:



SEC Registration including Articles of Incorporation, as well as its By-laws, duly
registered with the Securities and Exchange Commission (SEC).

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Photocopy of the following:







Valid and current Mayor’s/Business Permit;
BIR Registration Certificate;
Valid or current Certificate of Dealership/Exclusive Distributorship/ Copyright (if
applicable);
Valid and current licenses required by law (applicable to line of business);
Proof of proprietary ownership of game/system.

Financial Documents
Certified True/Machine Copy of the following:





Latest Tax Clearance and/or Certificate of Registration duly issued by the
Bureau of Internal Revenue (BIR);
Audited Financial Statements (FS) and Income Tax Return (ITR) for two (2)
years preceding the year of application;
Such other documents as the PCSO may deem necessary or proper to assess
the capacity of the corporation.

Technical Documents

□ Project Proposal:








Title, Rationale, Objectives, Strengths and Opportunities
Game Description
Marketing Strategy/Viability
Target Market
Market research and other data/analysis
Timeline/ Roll-out Plan of implementation
Detailed Technical Specifications

□ Photocopies of manufacturers’ Certifications/ Accreditations/ Compliance with the
World Lottery Association/ ISO Standards and/or from internationally recognized
gaming laboratories on the system security control standards.

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