Asia
PAGCOR greenlightsJade SportsBet to break new ground with online sports betting across the Philippines
Leading Asian service provider, 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 rapidly-expanding digital opportunities across the Philippines.
As the tide towards digitized entertainment surges in the wake of the ongoing pandemic, Jade’s GLI-compliant remote gaming services will continue to set the pace across the Philippines. Now bolstered by this online license from PAGCOR, which still represents the gold standard for Asian-market regulation, Jade is building a flexible and enduring bridge between online and land-based channels.
RPM Gaming, the rising star for online and retail betting across emerging markets, has provided the tailored software and the operational consultancy to Jade, delivering state-of-the-art sports betting trading solutions for Jade’s customers – from Okada Manila’s reopened flagship casino to a host of other established retail outlets.
Thanks to a unique combination of pricing models, coupled with a curated selection of odds from the industry’s best data feed suppliers, Philippines players can now enjoy access to the most sophisticated and reactive prices on the sports they love (both pre-game and in-play) with basketball, tennis, football and boxing (highlighted by this weekend’s super welterweight fight, featuring Filipino star Manny Pacquiao) proving particularly popular.
In short, JadeSportsBet, in collaboration with its retail partners, is now ready to accept player registration to its Remote Gaming Platform.
Joe Pisano, CEO of Jade Entertainment, said: “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.”
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