Philippine Amusement and Gaming Corp. (PAGCOR) Chair Andrea Domingo said two operators have been granted permission to begin e-sabong operations this month after fully paying their license fees.
Online betting on cockfighting, which is hugely popular in the Philippines, is being permitted in an attempt to raise revenues after the impact of the Covid pandemic. Domingo also said three integrated resorts in Manila – Okada Manila, Resorts World Manila and Solaire Resorts – have also been given permission to accept online bets.
The world is bouncing back, or at least coming to grips with the fact that going forward not much will be the same as before. Commendably, this industry quickly understood the need to adapt to a new normal, and that the days of targeting the low hanging fruit of the VIP sector are gone.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing what 2020 may have had in store.