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
