PAGCOR to advocate for stringent regulations in potential reinstatement of e-sabong
The government-run Philippine Amusement and Gaming Corp. (PAGCOR) has announced that it would push for more stringent regulations and controls if online cockfighting, or “e-sabong,” is allowed to resume.
Although there isn’t a plan to remove the ban on e-sabong, PAGCOR President Alejandro Tengco said in a recent interview that any reevaluation should be accompanied by safeguards to prevent potential abuse.
Tengco emphasized that until significant changes were made, he would only favor the reinstatement. He pointed out that if e-sabong is to be brought back, stringent regulations and new guidelines are required, such as allowing it to operate continuously.
Tengco recommended putting in place a stricter KYC (know-your-customer) system in response to worries about minors participating in online cockfighting. In addition to further details, prospective participants must provide a recent photo, a valid government ID, and basic information.
Tengco said that illegal operators still engage in e-sabong despite the ban imposed by former President Rodrigo Duterte in May 2022, which cited the damage the activity causes to society.
Additionally, Tengco reported receiving a lot of interest from foreigners looking to fund casinos in Boracay and Clark. PAGCOR is now reviewing the suggestions.
In 2023, PAGCOR announced P285.27 billion in gross gaming revenue, an increase of 11.2 percent over the previous year. The substantial contributions from land-based casinos and integrated resorts drove this rise. This year, gross gaming revenues are predicted to reach P336.38 billion, with e-casinos and online gambling making up a bigger portion of this total.
Original story by: Manila Standard