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Philippines Approves Online Cockfight Betting System

3 Mar 2005

PHILIPPINES – As reported by the Philippine Star: "The state-owned Philippine Amusement and Gaming Corp. (Pagcor) has approved the implementation of the country's first Internet-based cockfight betting system.

"Dubbed TeleSabong, it is the latest online betting game offered by Pagcor and listed Internet gaming company Philweb Corp.

"The implementation of Telesabong, according to Pagcor vice-president Rene Figueroa, is intended to maximize the revenue generating potential of its Internet service operation with Philweb as technical and marketing consultant.

"The online betting formats follow the traditional cockfighting formats such as Singles, Parlays, and Pick the Derby Champion.

"….TeleSabong is an online betting system where the game results are based on an outcome or series of outcome of a four-cock-derby…"

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