The Philippine Amusement and Gaming Corporation (PAGCOR) has expressed its appreciation for the return of the electronic gaming giant, 188Bet, to the country. 188Bet, recognized as one of the world's largest Asian bookmakers, announced its re-entry into the Philippine market through an email newsletter.
PAGCOR Chairman and CEO Alejandro Tengco welcomed 188Bet's return, considering it a significant vote of confidence in the country's regulatory capabilities. Tengco stated that the move is a positive step, reinforcing their appeal for investors to establish businesses in the Philippines.
188Bet operates as an international bookmaker under licenses issued by the UK, Isle of Man, and Ireland. It is a part of the extensive gambling network Cube Ltd, a prominent holding company in Asia.