Essential facts about Philippines sports-betting
Non remote operators MegaSportsWorld (PAGCOR)
No. of betting shops No. of E-Game cafes
280 305
No. of terminals in cafes 8,193
e-Game GGR PHP5.43bn (casino win 2014)
Horse tracks 3 Racing revenue PHP7.7bn (2015)
Lottery Philippine Charity Sweepstakes
Online market
Limited. Only e-Game Cafes
Remote licences Cagayan Freeport only Licensing Cagayan Freeport
Casino Filipino Angeles for example. MegaSportsWorld is a member of Hong
Kong’s AsianLogic Group of companies which operates the Asian Poker Tour. Meanwhile PAGCOR has the authority in the
Philippines to operate casinos, traditional and electronic bingo parlours, electronic gaming outlets, sports betting kiosks and poker rooms to private entities. Tey are tightly regulated. Te company operates nine casinos under the
PAGCOR Casino Filipino brand and has a total of 588 table games and 10,697 slots. Te other casinos are operated by Entertainment City, Clark and Tunderbird. Total revenues for the casino sector in the Philippines amounted to PHP95.2m in 2014. Total revenues for the electronic gaming sector in 2014 was PHP16.8m of which sports betting saw revenues of PHP225m. Te Philippines casino market has been
developing since 1977 and all casinos and gaming clubs are legal and licensed by PAGCOR which reports directly to the office of the President of the Philippines and its role is both a regulatory body and also that of an operator and manager of its own casinos and gaming clubs. To date the largest concentration of casinos
are found in the Manila area and are still the biggest and most popular attracting the largest number of visitors. Private operators can also operate and
manage casinos under a PAGCOR licence and these are all located with the Special economic and tourist zones throughout the country. PAGCOR saw gross revenues of PHP39.98bn in 2014 (and a net income of PHP3.25bn) of this
PHP29.93bn came from gaming operators. Income from PAGCOR electronic gaming operations in 2014 was PHP2bn.
ONLINE Online sports betting is limited in the
Philippines unless via foreign sports books. PAGCOR offers what they call ‘e-Games’ which are land based gambling facilities that offer casino or bingo games on connected terminals via internet parlours. Tere are currently over 300 e-Game cafes in the country including 117 in Metro Manila alone. Te PAGCOR e-Game cafes were introduced
in 2003 when PAGCOR gave a licence to Big Game Inc (BGI) which is a wholly owned subsidiary of PhilWeb Corporation which provides the technology. Big Game currently owns and operates 17 e-
Game cafes. Te company saw revenues of PHP213m in 2014 with 1,110 terminals across its sites. Tere are some 8,193 terminals in the e- Game cafes in total and in 2014 the e-Games network grew by 7.7 percent to a total casino win of PHP5.43bn of which PHP2.15bn was remitted to PAGCOR. A typical e-Game café is about 40sq.m and
with at least 10 PCs (most have around 100) for gaming terminals offering regular internet and over 300 games from roulette, blackjack, baccarat, video poker, keno and slots. Slot games are the most popular with a 62
percent market share followed by Baccarat (21 percent), Video poker (10 percent) and other games taking up the remainder. Players pay the cashier (minimum PHP500) and then this is loaded onto the gaming
terminals. PhilWeb is a gaming technology provider in the Asia Pacific region and has around 70,000 members nationwide via online cafes, sport betting kiosks and mobile games in the Philippines. Meanwhile foreign offshore online gambling
sites are free to offer their products to players from the Philippines and although this has been debated legally in the past, players cannot be penalised for playing on such sites. In 2012 the appeals court confirmed residents
could use foreign online gambling sites. PAGCOR don’t offer the best odds and therefore many players are choosing foreign sites. Many sites however don’t accept Philippine
players mainly because they have operations in Cagayan Freeport and it is sometime illegal for them to accept Philippine players. As such there is only a small list of popular gaming sites which supply betting to any from the Philippines, these include BetOnline, Intertops, 5Dimes and Bookmaker. Cagayan Freeport is a self sustaining
industrial, commercial, financial and recreational centre and is at the forefront of development of the gaming infrastructure. It is an online gambling licensing jurisdiction and is a haven for Asian bookmakers who are licensed in the Philippines and target other Asian countries in terms of online gambling. Tey offer Asian handicap and often support local currency and having banking options in that region and familiar betting odds. Cagayan Freeport offers competitive tax rate
equivalent to two percent on gross win for virtual casino operators and a US$75,000 all inclusive free for sports book operators.
NEWSWIRE / INTERACTIVE /
247.COM P99
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