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PAGCOR turns over P19.5 million worth of financial grants to various beneficiaries

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The Philippine Amusement and Gaming Corporation (PAGCOR) turned over a total of P19.5 million worth of financial grants to various organizations and local government institutions.

The Kaginhawaan Development Institute, Inc. (KDI), Organization of Student Services Educators, Inc. (OSSEI), Wounded Soldiers Agriculture Cooperative (WSAC), Provincial Government of Isabela and Barangay Bautista, City of San Pablo, Laguna were the latest recipients of PAGCOR’s funding.
Of the P19.5 million donations, the lion’s share of P12.5 million went to the Davao-based KDI. The grant, according to KDI’s Chief Operating Officer and Program Manager Arvin Carlom, will be used for the Integrated Livelihood Expansion for Marketing and Agri-Learning Program that KDI is spearheading.

KDI is a non-stock, non-profit organization that caters to poor farmers, fisher folk, indigenous people, women, and children. They also implement projects on disaster relief in the Davao Oriental province.

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Meanwhile, WSAC Chairperson Captain Jerome Jacuba represented the Batangas-based cooperative during the ceremonial turnover of P 1.83 million. The donation will be used for the procurement of a service van.
The WSAC is a duly registered cooperative founded on December 2018. Their members are disabled soldiers who were wounded in action. Majority of them are also casualties from the 2017 Marawi siege.

The WSAC facilitates livelihood and skills training for wounded soldiers in their five-hectare headquarter in Nasugbu, Batangas. Mushroom production and swine raising are examples of the agricultural livelihood trainings they offer.

The cooperative also conducts computer training and domestic appliance repair for wounded soldiers who wish to go back to service. Said skills enhancement program will equip them with skills that will help them continuously become productive in spite of their disability.

The University of the Philippines (UP) Diliman – based OSSEI and the local representatives from the Provincial Government of Isabela and Barangay Bautista in San Pablo, Laguna each received financial grants from PAGCOR worth P 2.46 million, P2.36 million and P366,400, respectively.

According to OSSEI President Bella Villanueva, the donation from PAGCOR will be utilized for the procurement of various hospital equipment for the UP- Health Service.

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Also, the Provincial Government of Isabela will use the grant for the procurement of oxygen concentrators with nebulizer for various hospitals in the province, while Barangay Bautista will procure ten laptop computers, one desktop computer, and three units of printer with scanner for the Fernando A. Quisumbing Elementary School.

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Delasport Signs a Sports Deal with Philippines’ Leading Regulated Operator OKBET

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Award-winning iGaming supplier in regulated markets Delasport has just signed a sports deal with Philippines’s number 1 operator OKBET.

The leading software developer will provide sports-services to their new partner, enhancing the experience of sports bettors in the Philippines even further.

“We’re proud to supply our services to such a strong partner as OKBET, and to an exciting and steadily growing market as the Philippines”, Delasport’s CEO Oren Cohen Shwartz comments on the agreement.

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Regulated Philippines is marking a stable 5% year-to-year growth with the number of users expected to reach almost 6 million by 2029.

This is yet another deal for Delasport, with the global supplier’s expansion in regulated markets happening at full force.

Same goes for OKBET who have been holding the number one operator spot in iGaming in the Philippines for a long time now.

“I’m excited that OKBET and Delasports are joining forces to redefine the landscape of online sports gaming in the Philippines”, OKBET’s COO Wayne Thong also comments on the deal. “This partnership combines OKBET’s local market expertise with Delasports’ global industry leadership, creating new opportunities for innovation and customer satisfaction. OKBET and Delasports share a common vision for the future: a vibrant and dynamic platform that caters to the diverse interests of sports enthusiasts. By combining cutting-edge technology with a deep understanding of user preferences, this collaboration aims to set new standards for the industry.”

The post Delasport Signs a Sports Deal with Philippines’ Leading Regulated Operator OKBET appeared first on European Gaming Industry News.

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Uzbekistan Legalises Online Betting and Lotteries

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President of Uzbekistan Shavkat Mirziyoyev has signed a decree on April 19 titled “On Measures to Improve the Regulation of the Organization and Conduct of Lotteries and Risk-Based Games in the Republic of Uzbekistan”. The document abolishes the ban starting from January 1, 2025, and introduces a legal framework for the organisation of risk-based games online and betting activities.

The issue of legalising betting activities has been a long-standing topic in Uzbekistan. In December 2019, the president signed a decree to legalise bookmakers, but this decision was revised in April 2022. In April 2023, the head of state instructed the development of a regulatory framework for betting activities.

The National Agency for Advanced Projects (NAAP), the authorised state body for regulating and licensing activities in this sector, provided insights on the necessity of introducing state regulation in the gambling sector in Uzbekistan. The agency emphasised the need to prevent illegal gambling businesses, protect players’ rights and generate additional income for the state budget.

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The president’s decree aims to introduce advanced foreign experience and modern technologies in regulating the organisation of risk-based games and lotteries to increase investment attractiveness, tourist potential and attract additional funds to the country.

The measures outlined in the decree include the creation of legal foundations for the legalisation of activities related to risk-based games online, betting activities, and lotteries, implementation of mechanisms to protect citizens’ rights and interests, prevention of gambling addiction and the generation of additional state budget revenue.

Starting from January 1, 2025, a taxation system will be introduced for license holders, where organisers of online games, betting activities and lotteries will pay a turnover tax. This system aims to prevent the concealment of taxable revenue and is expected to generate additional tax revenues for the state budget.

Overall, the implementation of the decree is intended to establish a reliable foundation for the legal regulation of activities related to organising risk-based games online, betting activities and lotteries in Uzbekistan, protect citizens’ interests, combat gambling addiction and provide additional sources of income for the state budget.

The post Uzbekistan Legalises Online Betting and Lotteries appeared first on European Gaming Industry News.

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Indonesia Establishes Task Force to Combat Online Gambling

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Indonesia’s Ministry of Communications and Information Technology (Kominfo) has revealed plans to establish a task force to combat online gambling.

In a statement, Kominfo said the task force would comprise representatives of multiple government agencies including the Financial Services Authority (OJK), Financial Transaction Reports and Analysis Centre (PPATK) and the police.

It will also work with Interpol to combat cross-border cases given the government’s lack of past success in blocking foreign operators.

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“Kominfo will oversee the digital space, OJK will manage accounts and PPATK will handle fund flows, and the police will carry out arrest and investigation duties,” said Usman Kansong, the Ministry’s Information and Public Communications Director.

Minister Budi Arie said: “The Ministry has also issued a warning to all social media platforms, cellular operators and internet service providers not to facilitate any form of online gambling promotion. We have done everything within the authority of Kominfo.

“We from the Ministry of Communication and Information are fully determined. At the beginning of the week I gathered all our teams at Kominfo to work together to eradicate online gambling.”

The post Indonesia Establishes Task Force to Combat Online Gambling appeared first on European Gaming Industry News.

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