Asia

Okada Manila Receives Approval to Launch Online Betting Service in the Philippines

Published

4 years ago

April 28, 2021

Niji Narayan

Okada Manila Receives Approval to Launch Online Betting Service in the Philippines

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Philippines gaming regulator PAGCOR has approved Tiger Resort, Leisure & Entertainment Inc (TRLEI) to conduct online gaming operations out of its integrated resort Okada Manila.

According to a filing by the parent company Universal Entertainment Corp, TRLEI has received a letter from PAGCOR dated 19 April “approving entry into online gaming for table games and electric gaming machines as the first among the four integrated resorts comprising Entertainment City in Metro Manila.”

Universal added it plans to launch online operations as soon as it completes test simulations and clears all necessary conditions, including confirmation of compliance with casino and AML regulations and payment of license fees.

PAGCOR also requires the system to be capable of being audited and of preventing minors and banned persons from playing.

“The group considers this online gaming as the first step, and will continue to develop online sports betting gaming using its proprietary technology,” Universal said.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.