PAGCOR has announced it collected US$19.9m from e-sabong operators in their first four months of operation.The Philippines.-The Philippine Amusement and Gaming Corp (PAGCOR)has collected PHP1bn (US$19.9m) in fees since licenced e-sabong (online cockfighting) operators started to operate in the Philippines.The regulator haswarned the public not to participate in cockfighting betting offered by illegal operators. It said it is cooperating with the National Police, the National Bureau of Investigation and the Ministry of Information Technology tocrack down on illegal operators.In May, PAGCOR announced thatoperators started to operate. In June, it approved.PAGCOR chairman Andrea Domingosaid the maximum number of e-sabong licences would be 12. She said there were currently 12 applications pending, but thatonly 8 new entrants will be allowedto enter the market.Domingo said PAGCOR chose to regulate e-sabong to eradicate illegal gambling andmake 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.She predicted that licensedin the Philippines could generate revenue of between PHP3bn to PHP3.5bn this year.International Entertainment Corporation (IEC), has been notified by its subsidiary Marina Square Properties (MSPI) that it has received a signedfrom PAGCOR for the development of its New Coast Hotel property in Manila. The agreement is valid until March 31, 2031.The agreement had been postponed due to the(ECQ) imposed in Manila between August 6 to August 21.IEC’s New Coast Hotel will feature250 gaming tables, 100 junket tables, 1,600 slot machinesand 800 5-star luxury hotel rooms, as well as restaurants, leisure facilities and shopping arcades.According to the company filling,MSPI and PAGCOR will establish a joint management committeeas a governing body for the management and operations of the casino and will immediately commence casino operations.MSPI has the authority to participate in the management of the casino through the six-member committee.