Home » GCash gets Php102 Million daily top-ups to e-Sabong

GCash gets Php102 Million daily top-ups to e-Sabong

Written By yuga
Published • March 22nd, 2022
BusinessNews
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The short: https://gaming.yugatech.com/gg/ax9h

During the Senate hearing on e-Sabong, G-Xchange AVP for Legal Gilbert Escoto disclosed that a daily average of about Php102,000,000 transactions goes thru Gcash to Pitmasters wallet in 2021.

Bettors of online sabong are able to place their bets on PitMasters Live by transferring their money from their GCash to PitMaster (since April 2021).

Of the more than Php3 billion in monthly transactions that goes thru GCash, the company merely earns about Php600,000 in top-up fees.

Online sabong or e-sabong has been in the spotlight for the last several weeks due to the Senate hearing regarding the kidnappings of e-sabong players.

UPDATE: Senate reso for e-sabong suspension filed to Malacañan, Pagcor

PAGCOR directed to investigate any violation of its e-sabong licensees

e-sabongonline sabongpitmaster gcashpitmasters live

yuga

Abe is the founder and Editor-in-Chief of YugaTech with over 20 years of experience in the technology industry. He is one of the pioneers of blogging in the country and considered by many as the Father of Tech Blogging in the Philippines. He is also a technology consultant, a tech columnist with several national publications, resource speaker and mentor/advisor to several start-up companies.