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Isko favored legalizing online cockfighting
By Nidz Godino
” If it really is a problem, legal or illegal, it will continue to be a problem, I would rather put them under the authority and supervision of the state ,” Aksyon Demokratiko standard bearer Isko Moreno Domagoso said during the “Panata sa Bayan: The KBP Presidential Candidates’ Forum.”he is in favor of legalizing online cockfighting to regulate the industry where bettors either win or lose thousands of pesos daily.
The Philippine Amusement and Gaming Corp (PAGCOR) earlier said e-sabong brings in about P400 million in monthly revenues.
“It’s the online games now that are earning the money for the government,” PAGCOR chair and CEO Andrea Domingo said.
From May to September 2021, four licensed operators of e-sabong pumped P1.6 billion into PAGCOR’s coffers, Domingo said.
So far, there are at least six online cockfighting operators in the Philippines.
Online cockfighting, also known as e-sabong, brings in P400 million a month in revenues to the Philippine Amusement and Gaming Corp (PAGCOR), the head of the gaming regulator said .
Domingo said because of COVID-19 lockdowns and quarantine restrictions, online gambling has boomed, including e-sabong.
“It’s the online games now that are earning the money for the government,” Domingo said .
The 2 e-sabong operators that have just been licensed are expected to contribute at least another P150 million a month, as they are required to turn over P75 million a month to the government regardless of revenue, the PAGCOR chief added.
Gaming revenues have suffered amid the quarantine restrictions imposed to check the spread of COVID-19, Domingo said, but PAGCOR still managed to earn P20 billion as of July.
PAGCOR is on track to earn at least P38 billion this year, Domingo said.
Domingo also defended the lifting of the casino ban in Boracay saying the gaming operators behind them will bring in high-end tourists and thousands of jobs to the resort island.
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