Philippines: PAGCOR to receive revenue from licensed e-sabong (Sabong News)
While only two e-sabong have been allowed to operate, PAGCOR hopes to collect between Php250 and Php350m per month.
The Philippines.-
has announced that two licensed e-sabong (online cockfighting) operators have started to operate this month.
PAGCOR
said two operators are already online and that another four operators are pending payment of
bond to be able to start operating.
The regulator hopes to collect between Php250 and Php350m per month from the new vertical.
The Philippines faces a series of restrictions due to the Covid-19 pandemic, and most of the Pagcor-owned or regulated casinos
. The country has since seen a
.
Domingo stated: “
, but it persists. It’s because the player, especially when they’re locked down at home, gets bored. So they look for entertainment and amusement, but they can’t go out.”
To
, PAGCOR has allowed casinos to go online, the first being
.
reported that gaming revenue
to PHP8.36bn (US$172.8m)
. Domingo said the gaming regulator had
when current restrictions are lowered to “general community quarantine”.