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E-sabong halt spells P5B-P6B revenue loss | Bernadette D Nicolas and Samuel P Medenilla

PRESIDENT Duterte’s decision to halt electronic cockfighting or e-sabong operations in the country will bleed the government of P5 billion to P6 billion in revenues this year, state-run Philippine Amusement and Gaming Corporation (Pagcor) said. Given this, Pagcor is now expecting P50 billion to P60 billion in gross gaming revenues…

Pagcor net income plunges 86 9% as casinos take a hit

Pagcor net income plunges 86 9% as casinos take a hit
businessmirror.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessmirror.com.ph Daily Mail and Mail on Sunday newspapers.

Only Atong Ang, Bong Pineda-owned firms have legal e-sabong ops–PAGCOR – Manila Bulletin

What do gambling icons Atong Ang and Bong Pineda have in common? They own the only two companies in the country so far that can legally operate online "sabong" or cockfighting. (File photo / MANILA BULLETIN) Ang is the person behind Lucky 8 Starquest, while Pineda is the driving force of Belvede

China-Centric Online Casinos Exit Philippines Due to Virus Curbs

China-Centric Online Casinos Exit Philippines Due to Virus Curbs Apr 28 2021, 12:12 PM April 28 2021, 9:12 AM April 28 2021, 12:12 PM (Bloomberg) About half of the more than 60 online casinos in the Philippines have permanently shut due to coronavirus restrictions, affecting as many as 30,000 foreign workers, the nation’s gaming agency chief said. (Bloomberg) About half of the more than 60 online casinos in the Philippines have permanently shut due to coronavirus restrictions, affecting as many as 30,000 foreign workers, the nation’s gaming agency chief said. The Philippine Amusement & Gaming Corp. expects its gaming revenue to drop to as low as 16 billion pesos ($330 million) this year from about 30 billion pesos in 2020 as strict movement curbs in the capital region remain, Chairman Andrea Domingo said in a virtual briefing.

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