{"id":22070,"date":"2021-08-27T12:35:28","date_gmt":"2021-08-27T15:35:28","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=22070"},"modified":"2026-04-23T16:12:46","modified_gmt":"2026-04-23T19:12:46","slug":"the-philippines-e-sabong-operators-could-see-php3-5bn-in-revenue","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/the-philippines-e-sabong-operators-could-see-php3-5bn-in-revenue","title":{"rendered":"The Philippines: e-sabong operators could see PHP3.5bn in revenue"},"content":{"rendered":"\n

PAGCOR\u00a0chairman Andrea Domingo\u00a0<\/strong>has said licensed e-sabong revenue could exceed that of offshore gaming operators.<\/p>\n\n\n\n\n\n\n\n

The Philippines.-\u00a0The Philippine Amusement and Gaming Corp (PAGCOR) chairman Andrea Domingo\u00a0<\/strong>has predicted that licensed e-sabong operators in the Philippines could generate revenue of between PHP3bn to PHP3.5bn this year.<\/p>\n\n\n\n

In May, PAGCOR announced that\u00a0two licensed e-sabong<\/a>\u00a0(online cockfighting) operators had started to operate. In June, it approved\u00a0two more applications<\/a>.<\/p>\n\n\n\n

Domingo said the maximum number of e-sabong licences would be 12. She said there were currently 12 applications pending,\u00a0but that only 8 new entrants will be allowed<\/strong>\u00a0to enter the market.<\/p>\n\n\n\n

Online betting on cockfights\u00a0<\/strong>has rocketed in the Philippines since\u00a0cockpits were closed to spectators\u00a0<\/strong>at the beginning of the Covid-19 pandemic. The Philippines\u2019\u00a0cockfighting industry is believed to be worth just over US$1bn per year<\/strong>.<\/p>\n\n\n\n

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.<\/p>\n\n\n\n

PAGCOR gaming revenue down 20% in the first half of the year 2021<\/h2>\n\n\n\n

The regulator<\/a>\u00a0revealed that\u00a0gaming income for the first half fell by 20 per cent year-on-year<\/strong>\u00a0to PHP14.7bn (US$293.1m). For the first six months, PAGCOR\u00a0made a profit of PHP79m<\/strong>.<\/p>\n\n\n\n

PAGCOR<\/a>\u00a0previously reported that gaming revenue\u00a0fell by 51.4 per cent year-on-year\u00a0<\/strong>to PHP8.36bn (US$172.8m)\u00a0in the first quarter of 2021<\/strong>, compared to nearly PHP17.22bn (US$339.8m) in the first quarter of 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"

PAGCOR\u00a0chairman Andrea Domingo\u00a0has said licensed e-sabong revenue could exceed that of offshore gaming operators.<\/p>\n","protected":false},"author":176,"featured_media":17473,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"PAGCOR Chairman Andrea Domingo projects licensed e-sabong revenue in the Philippines could reach PHP3bn-PHP3.5bn this year, potentially surpassing offshore gaming operators. This initiative aims to offset significant revenue declines from land-based casinos and traditional online gaming due to the pandemic, with PAGCOR reporting a 20% year-on-year drop in H1 2021 gaming income. The regulator plans to cap e-sabong licenses at 12, with 8 new entrants expected from 12 pending applications.","focusai_entities":"Andrea Domingo, PAGCOR","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.9), investor_analyst (0.9), journalist_researcher (0.9)","focusai_suggestions":[{"label":"E-sabong Revenue Drivers?","query":"What specific operational and regulatory factors are underpinning PAGCOR's projected PHP3bn-PHP3.5bn e-sabong revenue, and how does this compare to historical GGR\/NGR from traditional offshore gaming operators?"},{"label":"Licensing Framework Impact?","query":"How will the proposed cap of 12 e-sabong licenses and the allowance for only 8 new entrants impact market competition, potential for consolidation, and the long-term sustainability of this gaming vertical in the Philippines?"}],"footnotes":""},"categories":[157,158,16333],"tags":[405,15789,233],"class_list":["post-22070","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-slider-home","category-south-east-asia-news","tag-pagcor","tag-pogos","tag-sports-betting"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/22070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=22070"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/22070\/revisions"}],"predecessor-version":[{"id":22098,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/22070\/revisions\/22098"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17473"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=22070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=22070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=22070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}