SPORTS BETTING

Philippines – Jade Entertainment secures approval from PAGCOR

By Lewis - 18 August 2021

Jade Entertainment has secured milestone approval from the Philippines’ gaming regulator, PAGCOR, to launch its online gaming platform to sportsbook players nationwide.

As a result Jade SportsBet, already certified and regulated by PAGCOR, is primed to leverage digital opportunities across the Philippines. JadeSportsBet.com, in collaboration with its retail partners, is now ready to accept player registration to its remote gaming platform.

Joe Pisano, CEO of Jade Entertainment, commented: “We’re naturally delighted that PAGCOR has regulated to allow sports betting to go online in the Philippines, and that their flexible foresight in adapting to the ongoing challenges of the pandemic has resulted in this landmark license for Jade SportsBet and our progressive portfolio of local retail partnerships.

“Obviously, our strategic intention is to roll out more of these agile online collaborations, as we continue to provide land-based operations with a lifeline in the digital world.

“Although the migration from land-based to digital was already apparent before the coronavirus outbreak, Jade’s intersectional expertise, groundbreaking technology and trading teams have really put us in the driver’s seat for giving customers the sports betting experience they’ve been craving throughout recent lockdowns.

“We’ve already seen Jade SportsBet immediately rebound with record volumes at Okada Manila ahead of this weekend’s hotly-anticipated Pacquiao fight. And as you can imagine, for the vast majority, there’s only one fighter whom our local customers want to support!

“The Philippines remains the most mature gaming market in Asia with a very diverse range of products, so we’re thrilled to be innovating to promote a sustainable and socially-responsible sports betting ecosystem.”