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PAGCOR gets stringent over monitoring online gaming in Philippines

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Though  the unauthorised  internet casino industry made a niche for itself using smoke and mirrors before the government of its rightful share of revenues, the introduction of a new computer system will promptly enable the state-owned Philippine Amusement and Gaming Corp. (Pagcor) to oversee the integrity of online betting outfits in real time and deliver data on how much they truly make and how much fees the state should collect.

The Pagcor Chair, Andrea Domingo, stated: “The state gaming regulator was set to be activated by next month a “third-party audit service” that would—apart from providing a fuller picture of the revenue stream of Philippine offshore gaming operator (Pogo) firms—also boost the confidence of foreign bettors in the quality of locally domiciled online casinos.This system will be in place by March, and it will prevent cheating in the revenue reporting of Pogos and their service providers.”

And she disclosed in a text message, explicating that the monitoring software was now in the final stages of integration with the country’s 45-odd online gaming licensees. The monitoring software is a key element that will double Pagcor’s revenues from online gaming from P3 billion in 2017 to an estimated P6 billion this year. Domingo added: “It is important to note that the audit service provider will not get paid if their service does not yield increases in revenues.”

The Pogo scheme —where only foreign bettors are allowed to play in Philippine-based online casino sites —was conceptualised under Domingo’s term as Pagcor chair to enable the government to capture a greater share of the growing online gaming pie that was previously unregulated and unchecked by national authorities.

In the past, the Cagayan Export Zone Authority hosted more than 200 online gaming operations at its special economic zone and Freeport in Aparri, Cagayan. The scheme brought the government only P56 million in yearly revenue, in contrast to the sharp uptick in the state’s share when Pagcor stepped in to regulate the lucrative business.

“The foreign bettors will be more confident of getting fair play with this system, and they know that that they will be protected against fraud,” the Pagcor Chief said.

She explained that, in the past, some “fly-by-night” operators would simply close shop and “disappear” whenever they are unable to pay clients’ winnings — something that will no longer happen under the new system, which will even allow regulators to “lock out” any Pogo operator found to have violated operating procedures.

Source: business.inquirer.net

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Asia

Onlyplay Enters into Strategic Partnership with Ritchie Rabbit

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Onlyplay has entered into a strategic partnership with online casino and betting company Ritchie Rabbit within the Asia region.

Ritchie Rabbit is said to have “extensive expertise and deep understanding of the Asian market,” which helps Onlyplay as it seeks to expand its presence in the region.

Through this deal, Onlyplay will introduce a range of games and features designed specifically for the Asian gaming community.

Onlyplay offers a wide range of games such as instant win, slots and crash games, and will now provide games for players in Asia.

Christina Muratkina, CEO of Onlyplay, said: “It is a great pleasure for us to develop the Asian region alongside Ritchie Rabbit. We recognize the immense potential of the Asian market and are committed to delivering top-notch gaming content and experiences to players in the region. This partnership represents a significant step forward in our efforts to offer innovative and engaging games that resonate with our Asian audience.”

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Asia

FBM(R) launches FBM E-Motion: the newest online gaming platform for the Philippines

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FBM® kicks off a new chapter of its Champion journey in the Philippines with the launch of FBM E-Motion! The online gaming platform disclosed yesterday in the FBM Champion’s Night event held at Xylo at The Palace in Taguig marks a historic moment for the global gaming brand in its pursuit of redefining the gaming experience of Filipino players.

FBM E-Motion promises to change the way local players interact with the FBM games. The online casino games developed under the FBM Group are now available for players in the Philippines to enjoy anytime and anywhere. Whether it is a video bingo, a slots theme or a table game, Filipino gaming enthusiasts have the control in the palm of their hands to start joyful gaming sessions.

One platform, multiple benefits for the players

The FBM E-Motion introduction means significant improvements to the local players’ gaming experience in multiple areas. The game’s accessibility is more convenient, as customers can access the platform with any desktop or mobile device.

Besides the improved accessibility, FBM E-Motion offers more gaming options since players can have fun playing various game categories from different providers. With more variety of gaming choices comes thrilling gaming opportunities as FBM E-Motion keeps users engaged with regular promotional campaigns, jackpots and bonuses to conquer.

In terms of safety and reliability, FBM E-Motion guarantees the highest quality standards. The platform got the license from PAGCOR, and all gaming services offered follow the excellence standards practiced by the FBM brand in the land-based universe, meeting all the criteria regarding legality and compliance with gaming regulations.

FBM E-Motion can be described as a user-centric platform, due to the prioritization of users’ needs, preferences, and overall satisfaction through a 24/7 dedicated customer service available in bingo halls nationwide.

This platform also stands out as the only digital platform allowing Filipino players to enjoy FBM games online in the Philippines.

FBM E-Motion is a game changer in the Filipino online gaming landscape

The release of FBM E-Motion materializes a new entertainment era for the FBM Group in the Philippines. With this step, FBM adds a new layer of engagement with the players’ community, allowing customers to try their favorite FBM titles inside and outside bingo halls in ways that were not possible.

The user-friendly interface of FBM E-Motion facilitates smooth navigation, stimulating players to try a solution crafted with cutting-edge technologies, attending to the latest trends of innovation and entertainment in this Asian country. Players can immerse themselves in a diverse range of memorable gaming experiences with FBM® exclusive games and video bingos, slots or table games provided by different providers.

The launch of FBM® E-Motion kicks off FBM®’s journey in the world of online gaming in the Philippines. With its promise of innovation, excitement and accessibility, the platform is ready to captivate players and redefine the future of their gaming experiences.

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Africa

Hub88 partners with LiveGames to enhance content offering

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Hub88 partners with LiveGames to enhance content offering
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Hub88 has partnered with live casino supplier LiveGames, further strengthening its product offering by adding a unique range of content to its platform.

LiveGames provides fully customisable online live dealer games and branded tables including the first vertical roulette table in the sector, along with crash games and the widely played Tombola.

The supplier delivers experiences with a player-focused design, easy to use mobile interface, and high-resolution broadcasts.

The partnership will support LiveGames’ goal to further expand in international markets, including Africa, Asia, and Latin America where Hub88 has a strong presence.

The deal showcases Hub88’s commitment to grow its ecosystem of partners, offering a diverse portfolio of products and content.

Ollie Castleman, Head of Hub88, said: “We’re thrilled to unveil this strategic partnership with LiveGames which sees us add a great provider to our platform, one that utilises modern technology to offer bespoke and personalised gaming experiences to players.

“We are looking forward to collaborating and strengthening our content library with their diverse games.”

The LiveGames Team said: “Our journey started in a small studio and as a team, we are excited about now expanding to every corner of the world together with Hub88 and their extensive operator network.

“We are committed to promoting innovation in the industry and this partnership will support us on that mission.”

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