Philippines Allows Land-Based Casinos to Accept Bets Online

TravelMug

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Quote from: Ryker1 on November 13, 2020, 07:57:57 PM

Quote from: Baofeng on November 13, 2020, 07:45:41 PM

^[snip]
So they won't simply make a mistakes that will ruin everything for them, just saying. This is a multi billion industry, if this is just a fly by night then probably, but there are huge and very powerful people investors behind this big casinos in the Philippines.

Well, that is possible thou.
I don't know if there are big investors in the Philippines ^[Filipino] that can afford to operate gambling casino. These casinos are perhaps run by a foreigner since the Philippines was suffering from the recovering of the economy due to the pandemic -- having revenue from the gambling industries was really a good decision at all. It will help to boost the economy, first, the possible opening of the job for Filipino citizen and the tax that would be the gambling casino be paid was a great help.

As far as City of Dreams, SM investment arm - SM Investments Corporation is one of the biggest home grown Filipino investors: SM Group takes over City of Dreams Manila parent company.

Filipino Billionaire Enrique Razon, Razon sells 350 million shares in Solaire operator.

The same with Resorts World, 70 percent of TIHG is owned by Filipino investors led by billionaire property developer Andrew Tan of Alliance Global.

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Quote from: Baofeng on November 13, 2020, 07:45:41 PM

^[snip]
So they won't simply make a mistakes that will ruin everything for them, just saying. This is a multi billion industry, if this is just a fly by night then probably, but there are huge and very powerful people investors behind this big casinos in the Philippines.

Well, that is possible thou.
I don't know if there are big investors in the Philippines ^[Filipino] that can afford to operate gambling casino. These casinos are perhaps run by a foreigner since the Philippines was suffering from the recovering of the economy due to the pandemic -- having revenue from the gambling industries was really a good decision at all. It will help to boost the economy, first, the possible opening of the job for Filipino citizen and the tax that would be the gambling casino be paid was a great help.

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Quote from: chaser15 on November 13, 2020, 06:45:34 PM

Quote from: CarnagexD on November 13, 2020, 05:18:41 PM

They gotta keep tge business open so there's that. Although this may cause some trsut issues between the customers and the management because as far as I have heard, the games will be done thru live shows, and they will be closing out those that need humans to be operated so there's this degree of cheating that the bettors are afraid of. Unless they can reassure people that they are doing clean business, they should be good.

Solaire Casino is highly regulated. Don't compare it to average physical casinos. The biggest gambling casino place in the whole PH country.

I doubt a cheat will happen on live shows.

They will just ruined their big reputation if they will do dirty tactics on their online betting.

I agree, those casinos mentioned are being operated by other casino magnate in China and in the US so there's no question about trust here. For example, there is a City of Dreams in Macau,

So they won't simply make a mistakes that will ruin everything for them, just saying. This is a multi billion industry, if this is just a fly by night then probably, but there are huge and very powerful people investors behind this big casinos in the Philippines.

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Quote from: CarnagexD on November 13, 2020, 05:18:41 PM

They gotta keep tge business open so there's that. Although this may cause some trsut issues between the customers and the management because as far as I have heard, the games will be done thru live shows, and they will be closing out those that need humans to be operated so there's this degree of cheating that the bettors are afraid of. Unless they can reassure people that they are doing clean business, they should be good.

Solaire Casino is highly regulated. Don't compare it to average physical casinos. The biggest gambling casino place in the whole PH country.

I doubt a cheat will happen on live shows.

They will just ruined their big reputation if they will do dirty tactics on their online betting.

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Quote from: Renampun on November 13, 2020, 01:12:28 PM

Quote from: Baofeng on November 06, 2020, 05:10:34 PM

...

I personally recommend refraining from going to traditional casinos for the next few months...
The spread of this virus cannot be controlled. We don't even know how strong your immune system or those around you are. If you really can hold back why you have to take risks because nowadays online casinos also provide a good gambling experience.

Customers of online casinos have surged since the start of lockdown while traditional casinos were losing money on the contrary so accepting bet online is one of their ways to attract customers back and also help the government on fighting this virus.

The Philippines is out of money at the moment so reopening the gambling sector to generate income is a welcome sight especially to the gmblers.

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They gotta keep tge business open so there's that. Although this may cause some trsut issues between the customers and the management because as far as I have heard, the games will be done thru live shows, and they will be closing out those that need humans to be operated so there's this degree of cheating that the bettors are afraid of. Unless they can reassure people that they are doing clean business, they should be good.

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Quote from: Renampun on November 13, 2020, 01:12:28 PM

I personally recommend refraining from going to traditional casinos for the next few months...
The spread of this virus cannot be controlled. We don't even know how strong your immune system or those around you are. If you really can hold back why you have to take risks because nowadays online casinos also provide a good gambling experience.

That is why the government allows the traditional once to enter in online market as everyone doing online now, though there will still be many limitations that the natural casino but it's still Fits to those who are into traditional casino or supports those casino and to keep their businesses, doing online now to avoid the risk of Covid is the new normal in every businesses or industries now, as long as they can adopt and implement there will be no problem.

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Quote from: Baofeng on November 06, 2020, 05:10:34 PM

The Philippine government made some changes in response to the lockdown, as they approved land based casino's to accept online bet. I'm not really sure how this could be implemented though, but this is a good news for Filipino. I myself received a text message from one of them, City of Dreams, that their casino are already open and you can play and bring one companion. But I haven't try it though, I don't want to take risks, but it they allowed to accepts bets online then it will be good.

The government will bend over and do anything if the situation demanded and i think the pandemic was a good thing in disguise as there are many concepts getting changed because the pandemic situation forced to change the conventional system and hopefully these changes will continue for the better. The issue i have is gambling online does not give you the same level of experience but i am forced to play online because of the limited funds i can spent gambling Grin

.

harizen

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Quote from: Renampun on November 13, 2020, 01:12:28 PM

I personally recommend refraining from going to traditional casinos for the next few months...
The spread of this virus cannot be controlled. We don't even know how strong your immune system or those around you are. If you really can hold back why you have to take risks because nowadays online casinos also provide a good gambling experience.

Isn't that the subject is supposed to be? Implementing online betting to their users especially for regular ones.

There is no 100% shield against the virus so they came up to the point that online betting should be considered. Currently, PH casinos are now allowed to open with limited capacity so that's a good idea to somehow accommodate more users.

More users = a chance for an increase in the casino's revenue

Mahanton

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Quote from: palle11 on November 13, 2020, 01:45:57 PM

Quote from: Renampun on November 13, 2020, 01:12:28 PM

Quote from: Baofeng on November 06, 2020, 05:10:34 PM

...

I personally recommend refraining from going to traditional casinos for the next few months...
The spread of this virus cannot be controlled. We don't even know how strong your immune system or those around you are. If you really can hold back why you have to take risks because nowadays online casinos also provide a good gambling experience.

You know covid-19 vaccine is out and every country is acquiring it for their people. That means is not a problem again about the social contacts but however, playing casino online is more convenient because you play from home and no stress.

Do you have some links about such news? I havent seen about such news about for the vaccine to be already available in the masses.For sure there are on the works
but still not on the final phase.We are longing for the cure and we want to go back to those normal days so badly.

Businesses now will really make out decisions or ways for them to make some profits and this online accepting bets had already been done for a while now.
It maybe new for some gamblers to see houses do make out such option but theyve been doing this for a while now.

palle11

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Quote from: Renampun on November 13, 2020, 01:12:28 PM

Quote from: Baofeng on November 06, 2020, 05:10:34 PM

...

I personally recommend refraining from going to traditional casinos for the next few months...
The spread of this virus cannot be controlled. We don't even know how strong your immune system or those around you are. If you really can hold back why you have to take risks because nowadays online casinos also provide a good gambling experience.

You know covid-19 vaccine is out and every country is acquiring it for their people. That means is not a problem again about the social contacts but however, playing casino online is more convenient because you play from home and no stress.

Renampun

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Quote from: Baofeng on November 06, 2020, 05:10:34 PM

...

I personally recommend refraining from going to traditional casinos for the next few months...
The spread of this virus cannot be controlled. We don't even know how strong your immune system or those around you are. If you really can hold back why you have to take risks because nowadays online casinos also provide a good gambling experience.

Inkdatar

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This is good news and this is the first time I heard such news that a land base casinos will accept betting online in Philippines. For sure only those rich people will ever try to bet online as many people have lost their jobs and struggling to survive during this pandemic. At least, they are starting to adopt the new normal system which is anyone can bet online.

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Quote from: matchi2011 on November 13, 2020, 11:31:05 AM

Maybe time will come and bitcoin will do this with peer to peer transactions within landbase casinos within Philippine's jusrisdictions.
Crypto lovers will surely love seeing their coins being available.

Once this online betting begins to executes all available channels for digital transactions will be open including cryptos. Only time will
tell if what will be the next fate of gambling industries inside the this country.

Yes, bitcoin will be useful as I had stated in my other reply that whenever a gambler wanted to have a privacy or away from the good for nothing speculator that like to witness every big bets visible by the use of the chips as token in betting. Bitcoin will be an ideal substitue as chips and are online and not physical where you cannot also share those spectators a tip or there are really spectators that are asking a small money after someone win huge and that if bitcoin will be replaced they can no longer identify who were the gamblers winning big profits in gambling.

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Quote from: ?? on ??

This is great, but if its fiat then i wouldn't be able to play, because all my money is inside my crypto online web wallet. I'm just used into playing with crypto because i can direct it to my online income streams, if ever i get profits from playing online gambling. So i dont have to convert my fiat to Bitcoins because the fees are really high that's why, i liked peer to peer transactions.

Maybe time will come and bitcoin will do this with peer to peer transactions within landbase casinos within Philippine's jusrisdictions.
Crypto lovers will surely love seeing their coins being available.

Once this online betting begins to executes all available channels for digital transactions will be open including cryptos. Only time will
tell if what will be the next fate of gambling industries inside the this country.

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Quote from: abhiseshakana on November 13, 2020, 06:12:04 AM

Quote from: ?? on ??

It is good decision that allowing the bets online as well since during Covid with casinos being shut it would have hampered the businesses, but atleast going online would helped both people and casinos too.

The permission to carry out online gambling operations, it will help casinos to be able to get income that had decreased due to the pandemic. And of course, this will also be a good way for the government itself, because the tax obtained can be used as an addition to cover the costs of the corona pandemic shutdown. So it's a win-win solution for both government and casinos.

You have forgot to mentioned about who will benefits also in this,and those are the gamblers that wanted to be safe from the virus as they can continue playing and enjoying while at home and need nothing to be involved in physical affairs for a while.

In this area also that many will realized that it is not only Fiat who can be used to bet but they will also find the Crypto betting site sooner.

And this will lead to gamblers adoption of crypto sooner.

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Quote from: ?? on ??

It is good decision that allowing the bets online as well since during Covid with casinos being shut it would have hampered the businesses, but atleast going online would helped both people and casinos too.

The permission to carry out online gambling operations, it will help casinos to be able to get income that had decreased due to the pandemic. And of course, this will also be a good way for the government itself, because the tax obtained can be used as an addition to cover the costs of the corona pandemic shutdown. So it's a win-win solution for both government and casinos.

qwertyup23

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This is actually great news as this would imply additional taxes of revenue for the government.

My only concern would be the implementation of this online-based system of gambling. Due to its nature, people would most likely attempt to "cheat" the system. Another thing, I also do hope that the customer service would be active and participative. Problems regarding withdrawals and deposits should be addressed clearly and in a systematic manner to avoid confusion.

Though there may be some potential problems, this is a good step for both these businesses and for the revenue since it provides an alternative way of earning taxes.

Quote from: chaser15 on November 11, 2020, 06:36:58 PM

Quote

Alfredo Lim, president of the country’s operator-regulator, PAGCOR, confirmed the move to Bloomberg on Monday by text. But he declined to elaborate on the shape these new online gambling operations might take, or whether Filipinos would be able to play.

Interesting, maybe everything is still on paper and these gambling industries are experimenting or studying the system for online betting. I really have high hopes for this especially that this would cater to almost all Filipinos even outside Manila.

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Quote from: Yaunfitda on November 12, 2020, 12:06:25 PM

Quote from: k@suy on November 12, 2020, 11:17:47 AM

Quote from: Johnyz on November 11, 2020, 09:15:03 AM

Land based casinos must also adopt the new normal and its good that they allow those casinos to operate digitally as well. Anyway, I don’t know why but I didn’t received any update from the City of Dreams, well I’m going to visit some casino this weekend and I’m going to try how they implement the health protocols and hopefully to get some ideas about this online betting.

I think they already did that, they already implementing it, it seems that these casinos can be the answer to some funds we need especially this pandemic and consecutive typhoons we encounter, we all know that they are paying for tax too, so let us think and look to the brighter side, if they allow land based casinos to go online, it is a big step for innovation and improvement of our payment system in here.

Casino's could be just one of the solution, but not the answer per se, if the Philippine economy wanted to have a head start then maybe casino should be one of the factor that can help out and then businesses operating at half will also be good. Just sad to hear that the Philippines was hit by another typhoon, it will be another cost to recover from this calamity. But hearing land based offering it's services again thru online? this is good news!!!

Good news for gamblers and also those casinos do really need to make money not for the sake of taxation purposes but also those casino owners do really need to ran of the business

amidst of the pandemic situation yet they had invested and they would need to cope up with the losses and this is one of the ways on compensating or trying to recover which they would accept out
online bets.

For some people say that this is something new then it isnt really because there are already casinos for a while now that do had this kind of option.

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Quote from: Baofeng on November 06, 2020, 05:10:34 PM

For Filipinos out there:

Quote

The Philippines has allowed land-based casinos to accept bets online, in a move that could help operators mitigate losses from the pandemic. Gaming stocks rose.

The Philippine Amusement and Gaming Corp. has approved the applications of Bloomberry Resorts Corp.’s Solaire Resort and Casino, City of Dreams Manila, and Okada Manila for betting through the Internet, president Alfredo Lim said in mobile-phone messages.

https://ph.news.yahoo.com/philippines-allows-land-based-casinos-to-accept-bets-online-025956597.html

The Philippine government made some changes in response to the lockdown, as they approved land based casino's to accept online bet. I'm not really sure how this could be implemented though, but this is a good news for Filipino. I myself received a text message from one of them, City of Dreams, that their casino are already open and you can play and bring one companion. But I haven't try it though, I don't want to take risks, but it they allowed to accepts bets online then it will be good.

What are your thoughts on this?

I think this has been already happening for a long time and its not just City of Dreams that is doing this. Solaire's Resort and Casino also did this at the start of the lock down so that they could still have customers even though it was slightly prohibited but then they thought that the company still needed its income so that prohibition was lifted. There are also a lot of offshore betting happening currently in the Philippines and that is another news for tax evasions.

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Quote from: k@suy on November 12, 2020, 11:17:47 AM

Quote from: Johnyz on November 11, 2020, 09:15:03 AM

Land based casinos must also adopt the new normal and its good that they allow those casinos to operate digitally as well. Anyway, I don’t know why but I didn’t received any update from the City of Dreams, well I’m going to visit some casino this weekend and I’m going to try how they implement the health protocols and hopefully to get some ideas about this online betting.

I think they already did that, they already implementing it, it seems that these casinos can be the answer to some funds we need especially this pandemic and consecutive typhoons we encounter, we all know that they are paying for tax too, so let us think and look to the brighter side, if they allow land based casinos to go online, it is a big step for innovation and improvement of our payment system in here.

Casino's could be just one of the solution, but not the answer per se, if the Philippine economy wanted to have a head start then maybe casino should be one of the factor that can help out and then businesses operating at half will also be good. Just sad to hear that the Philippines was hit by another typhoon, it will be another cost to recover from this calamity. But hearing land based offering it's services again thru online? this is good news!!!

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Quote from: Johnyz on November 11, 2020, 09:15:03 AM

Land based casinos must also adopt the new normal and its good that they allow those casinos to operate digitally as well. Anyway, I don’t know why but I didn’t received any update from the City of Dreams, well I’m going to visit some casino this weekend and I’m going to try how they implement the health protocols and hopefully to get some ideas about this online betting.

I think they already did that, they already implementing it, it seems that these casinos can be the answer to some funds we need especially this pandemic and consecutive typhoons we encounter, we all know that they are paying for tax too, so let us think and look to the brighter side, if they allow land based casinos to go online, it is a big step for innovation and improvement of our payment system in here.

aioc

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In the Philippines Casinos are run and managed by the government through PagCor that is why they have to find a way to make the casinos run and make profits, so the government can have more funds to sustain their rescue operations from Pandemic and the from various disaster like the super storm that ravaged some areas of the Philippines.

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Quote from: chaser15 on November 11, 2020, 06:36:58 PM

Quote from: dunfida on November 11, 2020, 06:22:37 PM

The question is on how these things set-up? How they would pay up the winning bets?
If they would make their own casino dedicated website then its might do but it would be good if theres someone would able to prove out on how things works.

I did some research but also found limited information about the setup of online gambling.

Checking the City Of Dreams website for some information, there's no link about the integration of online betting. I thought it should start at the website, right so maybe there's a separate website or application for this?

And according to this article: https://www.casino.org/news/philippines-regulator-pagcor-greenlights-online-gaming-lifeline-for-casinos/

Quote

Alfredo Lim, president of the country’s operator-regulator, PAGCOR, confirmed the move to Bloomberg on Monday by text. But he declined to elaborate on the shape these new online gambling operations might take, or whether Filipinos would be able to play.

It's perhaps online betting is not yet set-up, they already given the green light but it doesn't mean the big casino's in the Philippines are already ready, up and running. Probably it's better to wait for next year and not to get excited as this is going to be first in the Philippines so they need to make it worry free for online bettors.

Of course it will start from the website and news of it will go to their site as it is their official channel. Maybe it will have a separate apps in Google or IOS or we will have the options to play thru desktop.

STT

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Quote

Taking online bets is riskier

Is that true, its harder to cheat online then count cards in a real casino surely. How do I alter a server determined result from my client when connecting to a casino, from what I can see the revenue from online should be with far lower standing costs and more profitable overall. Las Vegas, Macau and other places derive gambling revenue for their governments so in that sense its safe from interference but I cant what would be more profitable then free operations online that is purely gambling profits. Philippines probably wants more gambling promoted because its resilience to down turns in th eeconomy unlike most other businesses .

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Quote from: 2double0 on November 11, 2020, 07:41:05 PM

Quote from: dunfida on November 11, 2020, 06:22:37 PM

My first time on hearing out that land-based casinos do accept online bets which i dont expect for them to take this measure which is somewhat understandable due to
losses that had been given by this pandemic situation.The question is on how these things set-up? How they would pay up the winning bets?
If they would make their own casino dedicated website then its might do but it would be good if theres someone would able to prove out on how things works.

Why first time? Aren't some Las Vegas Casinos available online too? Taking online bets is riskier and if these casinos do not set up limits for bets by their users, they may incur more losses than they did during the pandemic. Their bankroll also needs to be higher than before because whenever they will start their operations online, their exposure will not be limited to their general audience but the global ones.

I think some countries do provide access to online gambling, but maybe this is the first time he tries it, still be careful when you want to gamble, keep your emotions under control and don't look greedy because it will only make us lose instantly and lose all the profits that has been obtained.

2double0

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Quote from: dunfida on November 11, 2020, 06:22:37 PM

My first time on hearing out that land-based casinos do accept online bets which i dont expect for them to take this measure which is somewhat understandable due to
losses that had been given by this pandemic situation.The question is on how these things set-up? How they would pay up the winning bets?
If they would make their own casino dedicated website then its might do but it would be good if theres someone would able to prove out on how things works.

Why first time? Aren't some Las Vegas Casinos available online too? Taking online bets is riskier and if these casinos do not set up limits for bets by their users, they may incur more losses than they did during the pandemic. Their bankroll also needs to be higher than before because whenever they will start their operations online, their exposure will not be limited to their general audience but the global ones.

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This is experimental I hope it succeed the gambling casinos have suffered the most because of the pandemic 95% is such a huge loss for the gaming industry that they need to come out a dilution while waiting for things to normalize.
The gaming and gambling industry is very important to the government of the Philippines because they get a huge chunk of their revenues here, majority of the gambling casinos here are government operated, it's success is very important to the government.

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Quote from: dunfida on November 11, 2020, 06:22:37 PM

The question is on how these things set-up? How they would pay up the winning bets?
If they would make their own casino dedicated website then its might do but it would be good if theres someone would able to prove out on how things works.

I did some research but also found limited information about the setup of online gambling.

Checking the City Of Dreams website for some information, there's no link about the integration of online betting. I thought it should start at the website, right so maybe there's a separate website or application for this?

And according to this article: https://www.casino.org/news/philippines-regulator-pagcor-greenlights-online-gaming-lifeline-for-casinos/

Quote

Alfredo Lim, president of the country’s operator-regulator, PAGCOR, confirmed the move to Bloomberg on Monday by text. But he declined to elaborate on the shape these new online gambling operations might take, or whether Filipinos would be able to play.

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Quote from: Baofeng on November 06, 2020, 05:10:34 PM

The Philippine government made some changes in response to the lockdown, as they approved land based casino's to accept online bet. I'm not really sure how this could be implemented though, but this is a good news for Filipino. I myself received a text message from one of them, City of Dreams, that their casino are already open and you can play and bring one companion. But I haven't try it though, I don't want to take risks, but it they allowed to accepts bets online then it will be good.

What are your thoughts on this?

My first time on hearing out that land-based casinos do accept online bets which i dont expect for them to take this measure which is somewhat understandable due to
losses that had been given by this pandemic situation.The question is on how these things set-up? How they would pay up the winning bets?
If they would make their own casino dedicated website then its might do but it would be good if theres someone would able to prove out on how things works.

imstillthebest

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Quote from: abel1337 on November 11, 2020, 09:41:51 AM

Quote from: RokokGudangGaram on November 09, 2020, 09:04:03 AM

I think the Casino is very beneficial for the government, before I've heard a news in other country about making online casino legal to them and now a physical casino to accept online bet. The government really benefits from the casinos they needed to continue the revenue of their casinos maybe to help their community due to pandemic?

Yes of course they are, we are. PAGCOR is paying taxes in out government, and they uses this taxes for building infrastructure, bridges and many more. But even though the total earning in gambling is big, their tax payment is too small, it should go higher, especially that most of the gambler maybe in near Pasay are foreigners, if you could go around MOA, you will see different nationalities, they are earning big but paying tax lower then common Filipino.

foreigneirs are rich and they burned money inside the casino . casino can score big on them but we should also thank to the casino because they can attact outisders or other nationalities to come and stay more on that country if they will love the games and the services offered to them .

tourism can contribute on the tax if not all can be covered by the casinos and its gamblers .

its a good news for the fan of those casinos that are gambling online on other sites because finally they can now play it on the go and it opens more possibilities in the future .

abel1337

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Quote from: RokokGudangGaram on November 09, 2020, 09:04:03 AM

I think the Casino is very beneficial for the government, before I've heard a news in other country about making online casino legal to them and now a physical casino to accept online bet. The government really benefits from the casinos they needed to continue the revenue of their casinos maybe to help their community due to pandemic?

Yes of course they are, we are. PAGCOR is paying taxes in out government, and they uses this taxes for building infrastructure, bridges and many more. But even though the total earning in gambling is big, their tax payment is too small, it should go higher, especially that most of the gambler maybe in near Pasay are foreigners, if you could go around MOA, you will see different nationalities, they are earning big but paying tax lower then common Filipino.

erikoy

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This is actually not new and I remember here in our place that gamblers are betting online and are not using chips anymore. They are using a digital currency but not a cryptocurrency through a card with private key on it to use when betting. They are actually betting online and are using computers. An E-games actually as I happen to go inside but sad to say i left after I was told that I need to be a member to play casino. Probably I will create a thread for them and provide picture of that E games casino.

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Quote from: mu_enrico on November 11, 2020, 08:51:50 AM

I envy Phillipinean because their gambling sector is growing, unlike Indonesia, which still lives in the stone age.

Gambling sector contributed a lot in the Philippine economy that is why they are the ones given priority to operate in this time of pandemic.

Quote from: mu_enrico on November 11, 2020, 08:51:50 AM

But I don't see this news is significant since you guys already have many online casinos (Dafabet et al.), plus KYC is usually mandatory there, which is lame.
I mean, crypto users would rather play in anon casinos.

I'm a sports gambler and usually bet with my colleagues as i found betting on casino is a hassle, you need to be there in the casino physically. If majority of the gamblers in this country would found out about this online crypto casino, i think they will stay away from physical casino, no hassle and you can gamble anonymous.

Johnyz

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Land based casinos must also adopt the new normal and its good that they allow those casinos to operate digitally as well. Anyway, I don’t know why but I didn’t received any update from the City of Dreams, well I’m going to visit some casino this weekend and I’m going to try how they implement the health protocols and hopefully to get some ideas about this online betting.

mu_enrico

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I envy Phillipinean because their gambling sector is growing, unlike Indonesia, which still lives in the stone age.
But I don't see this news is significant since you guys already have many online casinos (Dafabet et al.), plus KYC is usually mandatory there, which is lame.
I mean, crypto users would rather play in anon casinos.

arwin100

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Quote from: XCANA on November 09, 2020, 12:38:40 PM

Quote from: RokokGudangGaram on November 09, 2020, 09:04:03 AM

I think the Casino is very beneficial for the government, before I've heard a news in other country about making online casino legal to them and now a physical casino to accept online bet. The government really benefits from the casinos they needed to continue the revenue of their casinos maybe to help their community due to pandemic?

Basically not only the government will be beneficial in this regard, this is a welcome development from this country and we all know that, the country is one of these that accepted gambling in it totality. I think what the government and individuals are doing right now is not to face what happened to casinos during the COVID-19 active periods. Nice initiative from gambling loving country like Philippine.

Some allow it because it creates job opportunities to their people that's why we see some countries legalizing the casinos. And it's a good start for philippines to allowing those casino to go online since the taxes they can get can really help the economy although many will think about bad since it's gambling but for sure this is good initiative especially in this pandemic days where they seek some funds to use for health crisis purposes.

Vishnu.Reang

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This is really good news. Some of the countries have archaic colonial-era laws, which makes no sense. If ship-based casinos can be allowed, then why not land-based casinos? Is there any proof that land based casinos play a larger role when compared to the floating casinos, in promoting gambling addiction? Also, I hope other countries such as India takes notice of this and make gambling legal in their own jurisdictions.

XCANA

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Quote from: RokokGudangGaram on November 09, 2020, 09:04:03 AM

I think the Casino is very beneficial for the government, before I've heard a news in other country about making online casino legal to them and now a physical casino to accept online bet. The government really benefits from the casinos they needed to continue the revenue of their casinos maybe to help their community due to pandemic?

Basically not only the government will be beneficial in this regard, this is a welcome development from this country and we all know that, the country is one of these that accepted gambling in it totality. I think what the government and individuals are doing right now is not to face what happened to casinos during the COVID-19 active periods. Nice initiative from gambling loving country like Philippine.

dimonstration

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Quote from: swogerino on November 07, 2020, 03:19:04 AM

I think the main reason the Philippines government has done this is to harvest more taxes.If they get taxes for every bet that is made,like an X percent of the amount of each bet,this is a great move for them.I doubt any government does such thing without second meanings and only to make its citizens happy.

It's to be able to keep those companies or casino still in operation since there are still strict protocols regarding crowd and to avoid people gathering for leisure it's indeed only the decision to keep these business since unlike in restaurants which can do take outs, casino can only do it via online to keep them open as well they'll be able to pay taxes while following protocols of social distancing and avoiding un essential activities.

rodskee

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Quote from: Baofeng on November 06, 2020, 05:10:34 PM

For Filipinos out there:

Quote

The Philippines has allowed land-based casinos to accept bets online, in a move that could help operators mitigate losses from the pandemic. Gaming stocks rose.

The Philippine Amusement and Gaming Corp. has approved the applications of Bloomberry Resorts Corp.’s Solaire Resort and Casino, City of Dreams Manila, and Okada Manila for betting through the Internet, president Alfredo Lim said in mobile-phone messages.

https://ph.news.yahoo.com/philippines-allows-land-based-casinos-to-accept-bets-online-025956597.html

The Philippine government made some changes in response to the lockdown, as they approved land based casino's to accept online bet. I'm not really sure how this could be implemented though, but this is a good news for Filipino. I myself received a text message from one of them, City of Dreams, that their casino are already open and you can play and bring one companion. But I haven't try it though, I don't want to take risks, but it they allowed to accepts bets online then it will be good.

What are your thoughts on this?

So the government is now doing what is right ?things that they should have done earlier when the pandemic starts to cover the country and gamblers are eagerly wanted to continue their betting but has no option to do such.

But hope that gambling world in philippines will accept crypto as betting money than just fiat alone.

RokokGudangGaram

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I think the Casino is very beneficial for the government, before I've heard a news in other country about making online casino legal to them and now a physical casino to accept online bet. The government really benefits from the casinos they needed to continue the revenue of their casinos maybe to help their community due to pandemic?

shoreno

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Quote from: perla on November 08, 2020, 10:53:45 AM

I think that would be really good since the casinos were going to function again which will the government will benefit in order to increase the economy.

Is there any news how are they going to implement it? I'm pretty sure there will be a KYC to it .

your happy that governments are going to take part of it again but arent you concerned more on the gamblers . gamblers are the first that are going to be happy with it because finally they can continue playing online but governments are also going to feel the same . its not about the greed and for personal gain but like you said this will help the economy to stand up again .

the poster arent sure if how the rest of it are going to work but since it was a formal casino they could have implement a kyc with it

AicecreaME

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This is much better rather than pushing your luck going outside and play to their casinos. Safety protocols aren't enough or can assure you that you won't get the virus if you would follow them because you might get it along the way or anywhere outside your home. So online betting is a good move, especially for those who are stereotype people.

The advantage of online betting also includes the convenience of gamblers who doesn't have any cars or motorcycle to ride to their physical casino since public vehicles is so hard to find because there are only limited numbers of them who could start to work again.

perla

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I think that would be really good since the casinos were going to function again which will the government will benefit in order to increase the economy. Is there any news how are they going to implement it? I'm pretty sure there will be a KYC to it.

ice098

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Quote from: pilosopotasyo on November 07, 2020, 07:07:26 PM

Quote from: Sanitough on November 07, 2020, 06:18:34 PM

I'm hoping they will integrate crypto as a payment system, Philippines have no problem with crypto adoption, so I guess it would help to give an ease to the gamblers to do their thing, if they won't, I think we gamblers who are in the forum would prefer a crypto casino rather than our own.

I'm sure they will the Philippines is one of the Crypto friendly country, but things are not yet in placed, Cryptocurrency in the Philippines is a work in progress we already have a lot of local exchanges and converting and trading fiat to Crypto and buying is very easy here, we will soon have Crypto integrated and maybe the Philippoines will soon have their own popular Cryptocurrency gambling site.

It depends, because I think here in our country, there will still an issue about gambling, they prohibit online gambling as well, in fact when you read coins ph (our local wallet) they are not tolerating transferees coming from online gambling, also the tax is not yet fully implemented in casinos in here, that's why many senators are getting angry when it comes to gambling, but regarding to what OP said, I will play in online gambling site rather than going to cod and other casinos as well physically. Safety measure first.

zhea

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Quote from: Sanitough on November 07, 2020, 06:18:34 PM

I'm hoping they will integrate crypto as a payment system, Philippines have no problem with crypto adoption, so I guess it would help to give an ease to the gamblers to do their thing, if they won't, I think we gamblers who are in the forum would prefer a crypto casino rather than our own.

Integrating a crypto-payment system in Philippine casino is a complex idea at the moment. People who are into gambling in the Philippines is not yet acquainted with cryptocurrency yet and it would take time for them to understand the workaround of cryptocurrency.

yazher

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Quote from: akirasendo17 on November 07, 2020, 10:19:45 PM

I don't think they are accepting bitcoin in casino's here, although we have coinsph here , but when it comes to gambling currently no crypto currencies are being use , they maybe aware because the price is volatile, but who knows maybe in 3-5 years we will be using bitcoin , but until then, philippine currency are being use.

Yeah! Casinos here are old school and they don't really adapt to the new level of betting because most of the time the players are not from this country like what we have seen in the news. most of the people who played casino here are Chinese. they came here to play because it has less policy than their own country and some of them don't even have some proper documents but still playing.

https://edition.cnn.com/2020/06/13/tech/philippines-online-casinos-intl-hnk/index.html

akirasendo17

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Quote from: Saint-loup on November 06, 2020, 06:30:24 PM

Quote from: Baofeng on November 06, 2020, 05:10:34 PM

For Filipinos out there:

Quote

The Philippines has allowed land-based casinos to accept bets online, in a move that could help operators mitigate losses from the pandemic. Gaming stocks rose.

The Philippine Amusement and Gaming Corp. has approved the applications of Bloomberry Resorts Corp.’s Solaire Resort and Casino, City of Dreams Manila, and Okada Manila for betting through the Internet, president Alfredo Lim said in mobile-phone messages.

https://ph.news.yahoo.com/philippines-allows-land-based-casinos-to-accept-bets-online-025956597.html

The Philippine government made some changes in response to the lockdown, as they approved land based casino's to accept online bet. I'm not really sure how this could be implemented though, but this is a good news for Filipino. I myself received a text message from one of them, City of Dreams, that their casino are already open and you can play and bring one companion. But I haven't try it though, I don't want to take risks, but it they allowed to accepts bets online then it will be good.

What are your thoughts on this?

Very interesting news. But do you know if filipino casinos are allowed to accept Bitcoin and cryptocurrencies?
Do you know if they accept foreign customers too?

I don't think they are accepting bitcoin in casino's here, although we have coinsph here , but when it comes to gambling currently no crypto currencies are being use , they maybe aware because the price is volatile, but who knows maybe in 3-5 years we will be using bitcoin , but until then, philippine currency are being use.

Fundamentals Of

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Quote from: Fundamentals Of on November 07, 2020, 09:08:27 AM

This is good news of course because this means the gamblers may now resume to do their thing. But if I am a person who enjoys playing casino games in an actual casino which is now closed due to the pandemic but suddenly informed that I may now resume playing in the casino but not physically on their land-based one but on an online one, I'd rather do it with a crypto casino.

Both are turning into online casinos. But the crypto casino has what is called provable fairness. It may not be present in a physical casino which offers betting online.

To be honest, when I saw that a number of gathering places were opened again, I was very worried because so far the Covid virus was still not completely finished and I was afraid that the Philippines would experience cases like America, which is experiencing a very high wave of spread again, maybe it could implement health protocols with strict. but if this gambling place is online then it doesn't matter because there is no direct contact with people around.

It hardly happens because the Philippines' population is much smaller than the USA's and the people in the USA are probably more complacent compared to the Philippines. Americans, as shown in the television, are seemingly indifferent to the virus. They continue to argue against basic health protocols. They continue to gather together and even travel for leisure.

Opening business establishments is necessary to make the economy working back. This includes casinos. But it is a welcome development that they are now catering online betting.

tippytoes

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Quote from: Baofeng on November 07, 2020, 07:09:51 PM

I'm sorry guys, but I can't answers all your question, but here are my opinion.

(1) they will have a separate structure to accept online betting, and these are the following websites:

(2) I don't see them accepting crypto for now, but who knows

(3) It's going to be open for those who have an existing membership card

(4) Maybe we need to download some apps to be able to play

(5) They are doing some dry run to accept players already, like COD (City of Dreams)

-
(I'm a VIP member on COD)

I think this move will benefit you as you are already a VIP member on one of these casino sites. It will also give you opportunity to bet even at the comfort of your home, just to avoid potential covid infection. This will also encourage their regular members to play on their casino via online. At least, they are also earning money from them. Not really safe to mingle with other people even if you are following health and safety protocols.

Baofeng

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I'm sorry guys, but I can't answers all your question, but here are my opinion.

(1) they will have a separate structure to accept online betting, and these are the following websites:

(2) I don't see them accepting crypto for now, but who knows

(3) It's going to be open for those who have an existing membership card

(4) Maybe we need to download some apps to be able to play

(5) They are doing some dry run to accept players already, like COD (City of Dreams)

(I'm a VIP member on COD)

pilosopotasyo

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Quote from: Sanitough on November 07, 2020, 06:18:34 PM

I'm hoping they will integrate crypto as a payment system, Philippines have no problem with crypto adoption, so I guess it would help to give an ease to the gamblers to do their thing, if they won't, I think we gamblers who are in the forum would prefer a crypto casino rather than our own.

I'm sure they will the Philippines is one of the Crypto friendly country, but things are not yet in placed, Cryptocurrency in the Philippines is a work in progress we already have a lot of local exchanges and converting and trading fiat to Crypto and buying is very easy here, we will soon have Crypto integrated and maybe the Philippoines will soon have their own popular Cryptocurrency gambling site.

Russlenat

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Quote from: Sanitough on November 07, 2020, 06:18:34 PM

I'm hoping they will integrate crypto as a payment system, Philippines have no problem with crypto adoption, so I guess it would help to give an ease to the gamblers to do their thing, if they won't, I think we gamblers who are in the forum would prefer a crypto casino rather than our own.

That means they would change their stance to not allow crypto used in gambling.
I'm gambling using crypto anyway despite of the restriction, I just make sure to not link my coins.ph account into a gambling site.

Adding crypto would give us an ease as we don't need to hide anymore, but most likely this news is to only generate funds from online gamblers outside the Philippines and they are only accepting fiat.

as part of the article, I'm quoting this;

Quote

The gaming regulator has been pushing to gradually reopen casinos after they were shut in March. Online casinos that only serve offshore markets and catering mostly to Chinese clients have also been hit by restrictions and a new tax on bets.

Sanitough

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I'm hoping they will integrate crypto as a payment system, Philippines have no problem with crypto adoption, so I guess it would help to give an ease to the gamblers to do their thing, if they won't, I think we gamblers who are in the forum would prefer a crypto casino rather than our own.

DabsPoorVersion

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It is a good opportunity for many gamblers who do not want to take the risks,

Though some may see this as an opportunity for the government to take tax, it is fine since it is just the same as going in the casino and this will help for the sake of the economy. It is just a matter of how they handle their gambling site/app or if they are ready enough to migrate so sudden.

jrrsparkles

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When there arelot of online gambling sites exist then I don't think this is going to be helpful for those land based casinos to make profits to make up for the pandemic period loss.And also there will be lot of complications with getting the results from the casino even it is possible to see everything in live.So its better to choose fair gambling sites for better convenience.

fiulpro

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Quote from: Baofeng on November 06, 2020, 05:10:34 PM

For Filipinos out there:

Quote

The Philippines has allowed land-based casinos to accept bets online, in a move that could help operators mitigate losses from the pandemic. Gaming stocks rose.

The Philippine Amusement and Gaming Corp. has approved the applications of Bloomberry Resorts Corp.’s Solaire Resort and Casino, City of Dreams Manila, and Okada Manila for betting through the Internet, president Alfredo Lim said in mobile-phone messages.

https://ph.news.yahoo.com/philippines-allows-land-based-casinos-to-accept-bets-online-025956597.html

The Philippine government made some changes in response to the lockdown, as they approved land based casino's to accept online bet. I'm not really sure how this could be implemented though, but this is a good news for Filipino. I myself received a text message from one of them, City of Dreams, that their casino are already open and you can play and bring one companion. But I haven't try it though, I don't want to take risks, but it they allowed to accepts bets online then it will be good.

What are your thoughts on this?

Why wouldn't it be good ?
It would help people keep the distance ! At the same time people would be able to place the bets without actually going to the place so they would increase their business opportunities.

- good for people
- good for the casino
- helps control the pandemic

This would also mean that many local casinos are going to get a good exposure. They might even get global audience if they give a good house edge and live shows.

*Tax opportunity*
- yes for sure ! It's tax opportunity for the government and a good business opportunity for the casinos. Therefore it is a win win situation for both parties , considering the taxation is humble.

bitbollo

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Quote from: Baofeng on November 06, 2020, 05:10:34 PM

For Filipinos out there:

Quote

The Philippines has allowed land-based casinos to accept bets online, in a move that could help operators mitigate losses from the pandemic. Gaming stocks rose.

The Philippine Amusement and Gaming Corp. has approved the applications of Bloomberry Resorts Corp.’s Solaire Resort and Casino, City of Dreams Manila, and Okada Manila for betting through the Internet, president Alfredo Lim said in mobile-phone messages.

https://ph.news.yahoo.com/philippines-allows-land-based-casinos-to-accept-bets-online-025956597.html

The Philippine government made some changes in response to the lockdown, as they approved land based casino's to accept online bet. I'm not really sure how this could be implemented though, but this is a good news for Filipino. I myself received a text message from one of them, City of Dreams, that their casino are already open and you can play and bring one companion. But I haven't try it though, I don't want to take risks, but it they allowed to accepts bets online then it will be good.

What are your thoughts on this?

nice, they don't want miss this tax opportunity Grin

joke aside, due covid19 restrictions a lot of business are moving online, so why not turn also some land-based casino in an online version?
it sound legit to me. its just a matter of times but more and more business will turn out in a digital version

codegnome

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Then a casino will also have to look carefully where they are located. If another storm comes, a casino can be completely wiped out. That was really hell for the Philippines last week.
I am curious if casinos got there (not online but physical casinos). That will really take a lot of time to rebuild something like this and the damage is then incalculable.

GDragon

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Quote from: plvbob0070 on November 07, 2020, 10:43:43 AM

This is good for gamblers who want to gamble but still afraid of going to public places because of the fear of getting infected by the virus. I'm not really into land-based casinos and I've always been into online gambling but maybe, they can also attract online gamblers. Aside from that, land-based gamblers can also try online gambling. Let's wait and see how these casinos will implement online betting like how they will manage it, and if it will be really a nice idea for them.

I think the one who will try this are their rich regular gamblers who doesn't want to go out. Based on my observation, everything is starting to go back to normal, with all the safety precautions and such. People are going outside and some already feels safe even though we know it still isn't. Still a good program for them to regain there business slowly, with all the tax going in for the government to recover too, well those who will play online are those only who can afford gambling even during this time.

TedMosby

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https://bitcointalk.org/index.php?topic=5274318.0

so gambling is legal in your country.
I am from Indonesia, and gambling (offline and online) is forbidden here.
however, I believe most Indonesian saw many ads regarding gambling every day.
even well-known local influencers promote gambling websites almost every day.

I hope your country will get advantages from that new provision.
also, for you guys in Philippines, you should try to be a gambling agent from crypto casinos that listed here Grin

you can be a broker for that.

smyslov

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Quote from: Casdinyard on November 07, 2020, 03:55:31 AM

Quote from: swogerino on November 07, 2020, 03:19:04 AM

I think the main reason the Philippines government has done this is to harvest more taxes.If they get taxes for every bet that is made,like an X percent of the amount of each bet,this is a great move for them.I doubt any government does such thing without second meanings and only to make its citizens happy.

Well, actually that is the main thing why they allowed casinos to operate which is to generate tax from them. According to what I have read, 5% of franchise tax and 50% of the total gambling winnings, will be going to the national government.

Which I think is huge as tax.

It's really huge and for a country that is struggling with its budget they need to find a way to make it operational and this is one way to do it, they also allowed lotto outlet to open to generate more revenues, and since we are in a pandemic and people are looking for anything that can ease or find a way to make money and the government knows it, so lotto is one of the ways that the government opened to generate funds.

Insanerman

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Quote from: Baofeng on November 06, 2020, 05:10:34 PM

The Philippine government made some changes in response to the lockdown, as they approved land based casino's to accept online bet. I'm not really sure how this could be implemented though, but this is a good news for Filipino. I myself received a text message from one of them, City of Dreams, that their casino are already open and you can play and bring one companion. But I haven't try it though, I don't want to take risks, but it they allowed to accepts bets online then it will be good.

What are your thoughts on this?

If this means that they would make a platform that would migrate their physical casinos to an online one, or just a betting receiver platform, then I guess it would be interesting to try it out. Yet, the huge problem that they might face (both us - Filipinos, and the management of such casinos) is how would they implement KYC. Many of us knows its risks especially it being implemented online, and with a fact that the security of the Philippines with online platforms aren't that much good -- would simply imply a greater risks to personal information of its possible users.

Furthermore, I'm looking forward to what this would become. I'm not totally positive, yet I'm too afraid with the risks, online.

Reid

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Quote from: Baofeng on November 06, 2020, 05:10:34 PM

But I haven't try it though, I don't want to take risks, but it they allowed to accepts bets online then it will be good.

What are your thoughts on this?

That's great news for all of you.
I have the same thought. Are you willing to take the risks?
I saw a lot of casinos opening in different countries but I haven't gone thru one near me since I don't want to take the risks.
It's a different view when you have kids.
You don't want to be the one scattering it in your house. My wife will kill me for that.

But as I said it's great news. It means the economy is starting to lift up again.

plvbob0070

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This is good for gamblers who want to gamble but still afraid of going to public places because of the fear of getting infected by the virus. I'm not really into land-based casinos and I've always been into online gambling but maybe, they can also attract online gamblers. Aside from that, land-based gamblers can also try online gambling. Let's wait and see how these casinos will implement online betting like how they will manage it, and if it will be really a nice idea for them.

Pamadar

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Quote from: robelneo on November 07, 2020, 09:46:53 AM

They are trying to survive the pandemic, 96% revenue losses is such a huge figure and they need to think of something that can help them recover, this is actually a good move from the government and they should have implemented this much earlier, other industries are recovering, and these casinos are revenue-generating for the government, I also don't know how can this implemented but I'm sure they will post guidelines and mechanics that will benefit all the players.

In order to move forward this setup is really needed to help this land based casinos.

They've loss and whatever ways to try recovering in order to survive are always in considerations, there are changes that happened due to this pandemic and with this offering, I don't know if they also cater their physical games, wondering if they'll be offering luck based games.
Are they going to be something like how online casino set up? just curious since land based casinos are popular with those games aside from physical interaction those luck based games are also attracting gamblers to visits and stay.

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Quote from: chaser15 on November 06, 2020, 05:16:50 PM

Not a big deal for me since implementing the online feature of certain land-based casinos is not a new idea.

Maybe I just want to know, what games are supported online by these land-based casinos? For sure it's not all of their games. It's not mentioned in the article.

They offer pretty much everything they can offer in land-based casinos, and have specific application downloadable for free on any smartphone, be it Android or IOS. They even got a live tables for anyone who has trust issues Grin

. I haven't played yet, but the ambiance of their online platform is pretty cozy and welcoming, plus they are trustworthy cause they are already in the industry for a very long time.

Quote from: robelneo on November 07, 2020, 09:46:53 AM

They are trying to survive the pandemic, 96% revenue losses is such a huge figure and they need to think of something that can help them recover, this is actually a good move from the government and they should have implemented this much earlier, other industries are recovering, and these casinos are revenue-generating for the government, I also don't know how can this implemented but I'm sure they will post guidelines and mechanics that will benefit all the players.

They do live sessions for anyone, but keeping in mind the rules and regulations posted in their sites. They generated apps for easy learning on how they do their business online, but pretty much the same as the existing crypto online gambling sites, but it is in fiat money.

Serious475

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Quote from: Baofeng on November 06, 2020, 05:10:34 PM

For Filipinos out there:

Quote

The Philippines has allowed land-based casinos to accept bets online, in a move that could help operators mitigate losses from the pandemic. Gaming stocks rose.

The Philippine Amusement and Gaming Corp. has approved the applications of Bloomberry Resorts Corp.’s Solaire Resort and Casino, City of Dreams Manila, and Okada Manila for betting through the Internet, president Alfredo Lim said in mobile-phone messages.

https://ph.news.yahoo.com/philippines-allows-land-based-casinos-to-accept-bets-online-025956597.html

The Philippine government made some changes in response to the lockdown, as they approved land based casino's to accept online bet. I'm not really sure how this could be implemented though, but this is a good news for Filipino. I myself received a text message from one of them, City of Dreams, that their casino are already open and you can play and bring one companion. But I haven't try it though, I don't want to take risks, but it they allowed to accepts bets online then it will be good.

What are your thoughts on this?

Filipino government always wants to have a big tax they received so they are going to do anything so that casinos can pay their tax. Philippines is not a rich country so we cannot blame them but their ways of solving the problem is really a good ideas. Gamblers are also one of the factor why this thing happens because they are going to do anything just to gamble and others are very addicted on gambling so we cannot stop them but the underground gamblers is not a good idea because they are disobeying the Philippine's rules and regulation on gamblings.

kryptqnick

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Quote from: Baofeng on November 06, 2020, 05:10:34 PM

For Filipinos out there:

Quote

The Philippines has allowed land-based casinos to accept bets online, in a move that could help operators mitigate losses from the pandemic. Gaming stocks rose.

The Philippine Amusement and Gaming Corp. has approved the applications of Bloomberry Resorts Corp.’s Solaire Resort and Casino, City of Dreams Manila, and Okada Manila for betting through the Internet, president Alfredo Lim said in mobile-phone messages.

https://ph.news.yahoo.com/philippines-allows-land-based-casinos-to-accept-bets-online-025956597.html

The Philippine government made some changes in response to the lockdown, as they approved land based casino's to accept online bet. I'm not really sure how this could be implemented though, but this is a good news for Filipino. I myself received a text message from one of them, City of Dreams, that their casino are already open and you can play and bring one companion. But I haven't try it though, I don't want to take risks, but it they allowed to accepts bets online then it will be good.

What are your thoughts on this?

I remember there was a similar decision made by some other country due to the pandemic. However, I think that it's better to encourage online casinos (or land-based casinos figuring out how to make online versions) instead of simply online payments. After all, people mainly get infected from each other rather than from touching some surfaces and money. Moreover, this decision itself has little to do with cryptos, as it seems that it's related to fiat online payments (the article doesn't mention Bitcoin or cryptocurrencies). The economy would not suffer much if people switch to online gambling and do it legally, and the consequences can be much better.

robelneo

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They are trying to survive the pandemic, 96% revenue losses is such a huge figure and they need to think of something that can help them recover, this is actually a good move from the government and they should have implemented this much earlier, other industries are recovering, and these casinos are revenue-generating for the government, I also don't know how can this implemented but I'm sure they will post guidelines and mechanics that will benefit all the players.

kramchers

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Quote from: Baofeng on November 06, 2020, 05:10:34 PM

For Filipinos out there:

Quote

The Philippines has allowed land-based casinos to accept bets online, in a move that could help operators mitigate losses from the pandemic. Gaming stocks rose.

The Philippine Amusement and Gaming Corp. has approved the applications of Bloomberry Resorts Corp.’s Solaire Resort and Casino, City of Dreams Manila, and Okada Manila for betting through the Internet, president Alfredo Lim said in mobile-phone messages.

https://ph.news.yahoo.com/philippines-allows-land-based-casinos-to-accept-bets-online-025956597.html

The Philippine government made some changes in response to the lockdown, as they approved land based casino's to accept online bet. I'm not really sure how this could be implemented though, but this is a good news for Filipino. I myself received a text message from one of them, City of Dreams, that their casino are already open and you can play and bring one companion. But I haven't try it though, I don't want to take risks, but it they allowed to accepts bets online then it will be good.

What are your thoughts on this?

It is only a land based online gambling casino right? not a gambling site online that accepting cryptocurrency or Bitcoin?
Perhaps it will be better only if their online based casino has the same concept with the gambling site we have here in cryptocurrency
at least with this system they could get a lot of opportunity for sure.

Fundamentals Of

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This is good news of course because this means the gamblers may now resume to do their thing. But if I am a person who enjoys playing casino games in an actual casino which is now closed due to the pandemic but suddenly informed that I may now resume playing in the casino but not physically on their land-based one but on an online one, I'd rather do it with a crypto casino.

Both are turning into online casinos. But the crypto casino has what is called provable fairness. It may not be present in a physical casino which offers betting online.

erikoy

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That is a good news but the casino should also upgrade to using cryptocurrency and to avoid the KYC. This is what the problem of every duly licensed casino granted to operate. The motive is good but hopefully other concerns from the gamblers should also be met. If they can't give what we wanted then we will still going to use foreign platform casino that met our expectation. However, we will going to see how it will be done and to test it out for our satisfaction.

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It would be much better if they accept bitcoins or other cryptocurrencies but I doubt if that will ever happen most likely it will only be for fiat or credit cards. Might be good but I think this land base casinos are that impatient now that the pandemic has taken longer than expected they are that generating much revenues especially the past months. They should have done this long time ago IMO.

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Quote from: Baofeng on November 06, 2020, 05:10:34 PM

What are your thoughts on this?

in a way, I have expected or knew that this would eventually happen (pandemic or not). this will be a new opportunity for them to take on and a great opportunity to earn more. I wonder if they will be willing to accept cryptocurrency once the online betting for their land casino is operational

Quote from: cabalism13 on November 06, 2020, 05:15:47 PM

so land based casinos will be like the ones we have right here?
if so then, might be a good start to take some of their losses during the pandemic, but the question is, are these casinos are already ready to take this online betting?
Sounds risky especially if this is the first time ever they're accepting bets, as transactions can also have some issues.

it is risky but the casino could just hire an expert on the field to advise them what to do or not to do etc... this is new opportunity to earn more money and will be big for them and will not let it pass even if it is risky.

off-topic: @cabalism13 anyway, how are you and your family? is everything's fine?

LogitechMouse

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I'm not curious about how they will implement this thing but I'm more curious about the effect of this news in the stock of Bloomberg Cheesy

.
I just went to the site where we see the PSE stocks and as they published this article, the price of the stocks of Bloomberg went up at least 7% but enough for that.

I don't think that this will be implemented for a long time since pandemic isn't forever. I just hope that they implemented this months before so that those gamblers who can't go out because of the lockdown can still gamble thru online. They saw the decrease of revenue in casinos that is why they implemented this. Good news for those gamblers still. More ways to gamble = more gamblers that will gamble and more gamblers = more revenue and more revenue = more tax to be paid to the government

.

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Quote from: bitterguy28 on November 07, 2020, 04:10:19 AM

Well At least for long they allow this to happen,things that the Government has done even when the pandemic starting .
because there are many gamblers that affected of lockdown that missed betting,specially those who don't know online gambling.

^ Definitely right, probably because all countries now need to recover from their economy and boost from recovery. We all know that gambling industries are also helpful when it comes to generating revenue, this is very important to recover from what most countries have been experienced, the pandemic. A lot of countries suffer now with financial status and the economy has been down. This is good news for them because it really helps. Nevertheless, we hope that gamblers there can able to control themselves and did not have a negative effect on their citizens.

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Well At least for long they allow this to happen,things that the Government has done even when the pandemic starting .
because there are many gamblers that affected of lockdown that missed betting,specially those who don't know online gambling.

But it is better than never right?so whats the score now for those Regular gamblers in the philippines ?do you commend this or still Live casino?

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Quote from: swogerino on November 07, 2020, 03:19:04 AM

I think the main reason the Philippines government has done this is to harvest more taxes.If they get taxes for every bet that is made,like an X percent of the amount of each bet,this is a great move for them.I doubt any government does such thing without second meanings and only to make its citizens happy.

Well, actually that is the main thing why they allowed casinos to operate which is to generate tax from them. According to what I have read, 5% of franchise tax and 50% of the total gambling winnings, will be going to the national government.

Have a read in the link below.
https://www.legalonlinecasinos.ph/laws/faqs/

Which I think is huge as tax.

Gambling games on land-based casinos are more on traditional card, and dice games. Lotteries, and other gambling games are also allowed. But to some activities such as cockfighting, there is a specific place wherein it is allowed.

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I think the main reason the Philippines government has done this is to harvest more taxes.If they get taxes for every bet that is made,like an X percent of the amount of each bet,this is a great move for them.I doubt any government does such thing without second meanings and only to make its citizens happy.

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Quote from: btc_angela on November 07, 2020, 02:09:23 AM

It's too early to say as there are not much detail, still murky to say the least. But for Filipinos who loves to go to land based and can't because of the lockdown or doesn't want to take risk, then here is the answer to your prayers.

At least for a while they can do their habit in gambling as limited people are still allowed to enter each places.
and also this will lessen their time to spend while many are too far from casino houses in which located in the center of Metro.

Quote

I would say that this is good and has so many advantages and perhaps bring more money to those casinos so that they can continue to operate and survived and at the same time can bring tax to the government to continue to fight the economic downturn of the country. So it's a win-win situation.

Tax is the main objective here because the collection goes down since the pandemic happens and Operators of casinos are asking for this to be open and so they can generate more income and serves many gamblers same as paying high taxes.

btc_angela

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It's too early to say as there are not much detail, still murky to say the least. But for Filipinos who loves to go to land based and can't because of the lockdown or doesn't want to take risk, then here is the answer to your prayers.

I would say that this is good and has so many advantages and perhaps bring more money to those casinos so that they can continue to operate and survived and at the same time can bring tax to the government to continue to fight the economic downturn of the country. So it's a win-win situation.

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Quote from: Baofeng on November 06, 2020, 05:10:34 PM

For Filipinos out there:

Quote

The Philippines has allowed land-based casinos to accept bets online, in a move that could help operators mitigate losses from the pandemic. Gaming stocks rose.

The Philippine Amusement and Gaming Corp. has approved the applications of Bloomberry Resorts Corp.’s Solaire Resort and Casino, City of Dreams Manila, and Okada Manila for betting through the Internet, president Alfredo Lim said in mobile-phone messages.

https://ph.news.yahoo.com/philippines-allows-land-based-casinos-to-accept-bets-online-025956597.html

The Philippine government made some changes in response to the lockdown, as they approved land based casino's to accept online bet. I'm not really sure how this could be implemented though, but this is a good news for Filipino. I myself received a text message from one of them, City of Dreams, that their casino are already open and you can play and bring one companion. But I haven't try it though, I don't want to take risks, but it they allowed to accepts bets online then it will be good.

What are your thoughts on this?

Then the next thing we want to have is Those casinos will also accept cryptocurrencies as the Online betting is allowable now?

Quote from: k@suy on November 06, 2020, 07:29:53 PM

Online Casino in the Philippines? Like for real in Phillippines? No wonder there are lots of gamblers in PH. Even in streets, sometimes you can see kids playing gambling like Kara krus, basketball ending and many more. The rich people in PH also plays gambling more than the average people and they are spending most of their time in casinos for fun and as their past time.

That is what gambling is all about Brother and you can't take it since we have grown in that same community,This is why Parents must be more active
and mobilizing their children away from the streets to prevent from becoming another gambler.

But this government decisions may save people from being infected and also to minimize the infections,
Yet this will also bring more active gambling and may have create more addict.

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Tried looking up more info about it, only came across articles that literally had the same content. Still, this should be a good move, since casinos are one of the ones that would be hit the hardest due to the pandemic, not only with the quarantine period making them unable to have customers but also with the events prior to that, where people couldn't even leave their houses temporarily mostly due to prioritizing work. Rather I'd find it odd that they only did this now and not earlier tbh. Online gambling has always been a thing, and it seemed like we are actually quite behind in terms of that. Don't really have much experience with PH casinos though since I tend to play on crypto casinos instead.

sotoshihero

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cool.

This is a proactive move from the Philippine government. If the needs arises, make some timely decision that can cater the actual needs. This is needed indeed to look more funds and revenues to augment loses from this pandemic had brought. Looking forward for this booming industry that can attract more investors and revenues for the government.

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Quote from: k@suy on November 06, 2020, 07:29:53 PM

Online Casino in the Philippines? Like for real in Phillippines? No wonder there are lots of gamblers in PH. Even in streets, sometimes you can see kids playing gambling like Kara krus, basketball ending and many more. The rich people in PH also plays gambling more than the average people and they are spending most of their time in casinos for fun and as their past time.

Legalizing all this and to acquire taxes. It's a good step for those land base casino owners they've loss a lot of money since this pandemic hits the country

and while this virus still exist they needed to adjust and live with this new normal set up. Got to go for more info in regards to this news and learn which

games are available for betting online.

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This is a great new. They have tried to adopt gambling in this Asian countrym. This movement certainly bring optimistic atmosphere to the gambling industry which is already stagnant during the pandemic. Many benefits are formed after accepting online bets. I guess people will soon shift from traditional casino to digital casino where contains more game and advanced techonologies. I can enjoy hundred of different games while a home with my personal computer without have any trouble

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Quote from: cabalism13 on November 06, 2020, 05:15:47 PM

so land based casinos will be like the ones we have right here?
if so then, might be a good start to take some of their losses during the pandemic, but the question is, are these casinos are already ready to take this online betting?
Sounds risky especially if this is the first time ever they're accepting bets, as transactions can also have some issues.

I think this is good only for those rich gamblers, but for the poor ones I don't recommend this type of betting during pandemic. If I were to ask about being ready, Filipinos still in the midst of struggling economy and I guess they should only seek money for food and not for entertainment. Most gamblers only have the mindset of winning, and this time of health crisis there's more to prioritize instead of betting. Maybe in takes more years before online betting in ph would be implemented totally on different land based casinos.

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Online Casino in the Philippines? Like for real in Phillippines? No wonder there are lots of gamblers in PH. Even in streets, sometimes you can see kids playing gambling like Kara krus, basketball ending and many more. The rich people in PH also plays gambling more than the average people and they are spending most of their time in casinos for fun and as their past time.

STT

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Only somewhere as extreme as China bans their own companies from making profits to international customers surely, if they can serve tourists then why not all online customers also. Seems like good news because more competition and availability is a positive for the customer in a wider marketplace open to them. The main criticism is why it took them so long, another point why big governments are generally a horrible obstruction to profitable business; the health regulation is no problem in of itself but the lock on innovation to retail is the negative.

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Quote from: chaser15 on November 06, 2020, 05:16:50 PM

Not a big deal for me since implementing the online feature of certain land-based casinos is not a new idea.

Maybe I just want to know, what games are supported online by these land-based casinos? For sure it's not all of their games. It's not mentioned in the article.

Good question, I was under the impression, based on the article that somehow only sports betting are going to be accepted, this is just my opinion. How about those who want to play like slots or table games like baccarat or black jack. Because if what they are saying is that accepting bets online from a land base casino, then it should be the whole nine yards.

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Quote from: Baofeng on November 06, 2020, 05:10:34 PM

For Filipinos out there:

Quote

The Philippines has allowed land-based casinos to accept bets online, in a move that could help operators mitigate losses from the pandemic. Gaming stocks rose.

The Philippine Amusement and Gaming Corp. has approved the applications of Bloomberry Resorts Corp.’s Solaire Resort and Casino, City of Dreams Manila, and Okada Manila for betting through the Internet, president Alfredo Lim said in mobile-phone messages.

https://ph.news.yahoo.com/philippines-allows-land-based-casinos-to-accept-bets-online-025956597.html

The Philippine government made some changes in response to the lockdown, as they approved land based casino's to accept online bet. I'm not really sure how this could be implemented though, but this is a good news for Filipino. I myself received a text message from one of them, City of Dreams, that their casino are already open and you can play and bring one companion. But I haven't try it though, I don't want to take risks, but it they allowed to accepts bets online then it will be good.

What are your thoughts on this?

Very interesting news. But do you know if filipino casinos are allowed to accept Bitcoin and cryptocurrencies?
Do you know if they accept foreign customers too?

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That's the way forward mate! Due to covid-19, the entire hospitality industry has come to a gruel halt which is costing millions of job losses. If the governments stay rigid on policy part, they will just kill the industry. Covid-19 isn't going anywhere soon so we need to ensure that we follow the rules to keep ourselves safe and sound. in view of this, Philippines government has taken the right decision which will definitely help the land based casinos to get some business. I am sure some land based casino will also invest in creating an online platform soon if the policy supports it! This will ensure their sustainability if not profitability!

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Quote from: bisdak40 on November 06, 2020, 05:39:17 PM

This is really cool, at least they have adapted to the new normal where people don't have to go to their facilities personally.

I'm not really a casino type of guy but if those casinos in the Philippines would offer sports betting someday then i would gladly try even if they required KYC.

Need to adopt the current situation in order to generate additional income. And I think, this will be good for other gamblers as they don't have to go to the physical casinos just to place their bet. I believe this move is owed to the fact that very few people are now going to casinos for the fear that they will be infected. Sure, there are gamblers that are still going, but not the same number as before. Physical casinos need to think outside the box to survive these days. Won't be surprised if they will accept crypto also as payment method.

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Quote from: cabalism13 on November 06, 2020, 05:15:47 PM

..but the question is, are these casinos are already ready to take this online betting?
Sounds risky especially if this is the first time ever they're accepting bets, as transactions can also have some issues.

Those mentioned in the article are popular and gambling giants in the PH gambling industry. I will bet that before implementing online betting, they are well-prepared from basic to technical. I don't take this as risky.

The risky part for me is the source of funds for the customers. For example, the deposit option is thru banks. Some banks might flag transactions in gambling-related activities. And what if they also add GCash, Paymaya, Coins.ph as their deposit payment methods and knowing this popular payment system in PH, they have terms about using their platform for gambling.

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This is really cool, at least they have adapted to the new normal where people don't have to go to their facilities personally.

I'm not really a casino type of guy but if those casinos in the Philippines would offer sports betting someday then i would gladly try even if they required KYC.

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Not a big deal for me since implementing the online feature of certain land-based casinos is not a new idea.

Maybe I just want to know, what games are supported online by these land-based casinos? For sure it's not all of their games. It's not mentioned in the article.

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so land based casinos will be like the ones we have right here?
if so then, might be a good start to take some of their losses during the pandemic, but the question is, are these casinos are already ready to take this online betting?
Sounds risky especially if this is the first time ever they're accepting bets, as transactions can also have some issues.

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For Filipinos out there:

Quote

The Philippines has allowed land-based casinos to accept bets online, in a move that could help operators mitigate losses from the pandemic. Gaming stocks rose.

The Philippine Amusement and Gaming Corp. has approved the applications of Bloomberry Resorts Corp.’s Solaire Resort and Casino, City of Dreams Manila, and Okada Manila for betting through the Internet, president Alfredo Lim said in mobile-phone messages.

https://ph.news.yahoo.com/philippines-allows-land-based-casinos-to-accept-bets-online-025956597.html

The Philippine government made some changes in response to the lockdown, as they approved land based casino's to accept online bet. I'm not really sure how this could be implemented though, but this is a good news for Filipino. I myself received a text message from one of them, City of Dreams, that their casino are already open and you can play and bring one companion. But I haven't try it though, I don't want to take risks, but it they allowed to accepts bets online then it will be good.

What are your thoughts on this?

Topic: Philippines Allows Land-Based Casinos to Accept Bets Online (Read 745 times)