First Cagayan vows tech boost to retain online gambling licensees

First Cagayan Leisure and Resort Corporation plans to spend millions to boost its technical infrastructure in the hope of retaining its online gambling licensees, but it may be making beds in a burning house.

This week, online gambling operators licensed in the Cagayan Economic Zone Authority (CEZA) began receiving letters from First Cagayan President Francis Hernando outlining the corporation’s new “strategic direction,” which is intended to help operators craft their “short and long-term business plans.”

Hernando says First Cagayan’s new direction places a “particular focus on data and telecommunications facilities.” Specifically, First Cagayan is pledging to spend approximately $4m to upgrade its existing data center in Cagayan Cyberpark inside the Cagayan Freeport, while a further $3m will go toward upgrading data infrastructure outside the Freeport.

Hernando claims the upgrades will make First Cagayan’s hosting and connectivity capabilities on par with “established international gaming jurisdictions.” It’s also having discussions with unnamed parties regarding a project “to supply stable electricity to the Freeport.”