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The Philippines: e-sabong operators could see PHP3.5bn in revenue (SABONGONLINEGAME)

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The Philippines: e-sabong operators could see PHP3.5bn in revenue
Date AUGUST 27 2021
PAGCOR chairman Andrea Domingo has said licensed e-sabong revenue could exceed that of offshore gaming operators. The Philippines.- The Philippine Amusement and Gaming Corp (PAGCOR) chairman Andrea Domingo has predicted that licensed e-sabong operators in the Philippines could generate revenue of between PHP3bn to PHP3.5bn this year. In May, PAGCOR announced that (online cockfighting) operators had started to operate. In June, it approved . Domingo said the maximum number of e-sabong licences would be 12. She said there were currently 12 applications pending,but that only 8 new entrants will be allowed to enter the market. Online betting on cockfights has rocketed in the Philippines since cockpits were closed to spectators at the beginning of the Covid-19 pandemic. The Philippines’ cockfighting industry is believed to be worth just over US$1bn per year . The Philippines government is seeking to eradicate illegal gambling and make up for lost revenue from its land-based casinos and online gaming companies, which have been hit hard by countermeasures to contain the Covid-19 pandemic. revealed that gaming income for the first half fell by 20 per cent year-on-year to PHP14.7bn (US$293.1m). For the first six months, PAGCOR made a profit of PHP79m . previously reported that gaming revenue fell by 51.4 per cent year-on-year to PHP8.36bn (US$172.8m) in the first quarter of 2021 , compared to nearly PHP17.22bn (US$339.8m) in the first quarter of 2020.

Article review (SABONGONLINEGAME)

10/10
Eto na pala ang update ngayon sa E-Sabong.. buti naman patuloy lang yung operasyon dito.. maraming salamat po sa pagsshare
guest review 12/31/2021, 1:25:03 PM
10/10
I'm really happy to see articles like this from sabongonlinegame, it really helps a lot to have these kinds of articles because there are so many new players in sabong like me.
guest review 12/28/2021, 3:50:42 PM
10/10
Ibang klase talaga sabononlinegame, coming up with these amazing articles. Hope to see more of these in the coming days and weeks. Helps a lot when I play the game.
guest review 12/27/2021, 4:27:51 PM
9/10
Dagdag impormasyon lang sa E-Sabong.. natuwa naman ako sa nakita ko ditong magandang balita
guest review 12/24/2021, 1:21:23 PM
10/10
These articles need to be shared to new players, they need to read these kinds of articles. Huge help, I got to know the game more because of these articles by sabongonlinegame.
guest review 12/22/2021, 2:57:08 PM

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