The Philippines approves two more e-sabong operators (Sabong News)
PAGCOR has allowed four firms to operate e-sabong in the Philippines.
The Philippines.-
has announced that four licensed e-sabong (online cockfighting) operators have been granted permits.
The regulator previously granted permits to
in May:
, with the online brand of Encuentro Live!; and
, with the brand Sabong International Ph.
It has now also approved applications from Belvedere Vista Corp. and Lucky 8 Star Quest Inc. PAGCOR
has said that
.
PAGCOR hopes to grant permits for six
as
has rocketed in the Philippines since
.
The Philippines’
.
of the closure of
amid a rise in Covid-19 cases.
According to Domingo,
could prevent the regulator from contributing significantly to the Philippine Health Insurance Corp universal healthcare programme.
The President of the Philippines, Rodrigo Duterte has recently called on lawmakers to pass a bill that sets
.
indicates that Philippine Offshore Gaming Operators (POGO) must pay
.
Foreigners employed by online casinos and their service providers would have to pay 25 per cent income tax.
made
despite the impact of the Covid-19 pandemic and the resulting departure of many firms.
In May,
announced that licensed casinos and PAGCOR-operated casinos brought in GGR
of PHP25.74bn (US$536.2m)
That represents an increase of 19 per cent from
.
However, PAGCOR reported that GGR was
mainly due to the impact of Covid-19 restrictions.
Some
of GGR came from Entertainment City, which hosts four casino venues: City of Dreams Manila, Solaire Resort and Casino, Okada Manila and Resorts World Manila.
