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Palace: PAGCOR will find new revenue source after e-sabong closure

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Job Manahan, ABS-CBN News 

<p>MANILA— Malacañang on Tuesday was confident the country&#x27;s gaming regulator will be able to find new sources of revenue after President Rodrigo Duterte <a href="https://news.abs-cbn.com/news/05/03/22/duterte-orders-end-of-e-sabong-operations">approved the &quot;end&quot;</a> of online sabong operations nationwide. </p><p>The revenue loss from e-sabong is estimated to be up to P6 billion for this year, Philippine Amusement and Gaming Corporation (PAGCOR) has said. </p><p>&quot;Tiwala kami sa PAGCOR to generate new revenues,&quot; acting Palace spokesperson Martin Andanar said in a press briefing. </p><p>(We trust PAGCOR to generate new revenues.) </p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/news/03/17/22/duterte-blames-evil-men-for-missing-sabungeros">Duterte says missing sabungeros &#x27;fault of evil men&#x27; but defends online sabong</a></li>	<li><a href="https://news.abs-cbn.com/news/04/07/22/duterte-threatens-to-stop-e-sabong-operations">Duterte says to stop e-sabong if authorities link illegal activities to it</a></li></ul><p>Andanar noted that a formal order from the President has yet to be released from Malacañang&#x27;s record office.</p><p>Duterte has ordered all e-sabong operations stopped after the Department of the Interior and Local Government (DILG) survey showed its supposed negative impacts to Filipino society. </p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/video/news/05/03/22/pagcor-official-illegal-online-gambling-lilitaw-dahil-sa-pagpapatigil-ng-e-sabong">PAGCOR official: Illegal online gambling lilitaw dahil sa pagpapatigil ng e-sabong</a></li></ul><p>Interior Secretary Eduardo Año said his agency recommended the suspension &quot;until a better set of framework and regulations are formulated&quot; and until stakeholders were protected from the &quot;moral decay of society.&quot;</p><p>At least 30 sabungeros have disappeared due to e-sabong, authorities said, while <a href="https://news.abs-cbn.com/news/05/03/22/pnp-8-cops-involved-in-e-sabong-already-facing-raps">8 cops</a> involved in online gambling have already been charged.</p><p>PAGCOR authorized 6 companies to do e-sabong as of April last year, but it feared that illegal online gambling will be an <a href="https://news.abs-cbn.com/video/news/05/03/22/pagcor-official-illegal-online-gambling-lilitaw-dahil-sa-pagpapatigil-ng-e-sabong">offshoot </a>of the development. </p><figure class="op-interactive"><iframe allow="autoplay; fullscreen" frameBorder="0" height="100%" id="ivsplayer01" scrolling="no" src="https://player.ivideosmart.com/ivsplayer/v4/dist/html/iframe-src.html?iframeid=ivsplayer01&amp;key=e8c22c015ca9eafa76f1e3edfa03c603&amp;spid=3001339&amp;vid=2022647" width="100%"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

The revenue loss from e-sabong is estimated to be up to P6 billion for this year, PAGCOR has said.

Palace: PAGCOR will find new revenue source after e-sabong closure

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Palace: PAGCOR will find new revenue source after e-sabong closure

Job Manahan,

ABS-CBN News

Published May 04, 2022 01:50 PM PHT

|

Updated May 04, 2022 04:10 PM PHT

Read More:

e-sabong

online sabong

PAGCOR

new revenue source PAGCOR

how much losses e-sabong

Malacañang

Palace

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