- Okada Manila has launched its online gaming platform
- The platform is an initial release of the largest gaming site
- Okada Manila has confirmed that he will launch the platform in April
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the Philippines once shunned interactive gaming, but the country has realized how useful the extra revenue can be in the absence of tourists and land-based gambling. While some still fear that the social ills caused by the expansion of online gambling will far outweigh the gains, the short term looks reassuring for the country. That is why Tiger Resorts, Recreation and Entertainment Incthe operator behind Okada Manilahas decided to launch an online gaming platform that will operate at the national level.
First tests go smoothly for Okada Manila’s online platform
The platform in its current version is a precursor to the full-fledged platform that will arrive later this month. This follows a year after TRLEI was officially approved by the national gaming regulator to begin operating online gambling in the Philippines. A license has been issued under the Philippine Inland Gaming Operators (PIGO) framework allowing established operators to grow online.
Okada Manila has been pleased with the results so far, reporting a good overall performance. It has tested a number of important aspects of its online offering, including security and AML checks, which must be met for the company to be aligned with its licensing prerequisites. The online site already offers two roulette tables and 80 slot machines. The total number of table games increases to 16 with the addition of 14 baccarat options and a total of 150 online slot machines.
The PIGO program will take hold in the Philippines
PIGO will be put to the test in 2022 as PAGCOR prepares to welcome tourists back and some have started to return. It’s taken the established land-based gaming giants a while to prepare for the online launch and now that they’ve spent some time figuring out the infrastructure, they’re unlikely to revisit that.
Online gambling is likely to become a more permanent part of the betting landscape and give the Philippines better competitiveness in the gaming industry. Although there are fears that online games will steal some revenue from land-based venues, the government is confident that the two segments seem to attract different crowds, to begin with. Additional income is also welcome.