Local investors drove up DFNN which closed at P4.98 on P148.05 million volume, its highest daily turnover since January.
In a message of its outlet operators, KGI said: “We are confirming that we have signed with a Pagcor-licensed operator on a private sector basis that within Pagcor rules as co-licensees, we will be making the gaming content available.”
“For clarity, we are not the licensed E-Sabong operator and your (managers) will be updating you on our plans and support. We hope to help Pagcor increase its revenues and fight illegal gaming.”
The E-Sabong venture is expected to generate between P5 billion and P10 billion in bets from 24/7 online cockfights.