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Bilyonaryo - Business

E-Sabong war! Atong Ang claims rivals Bong Pineda, Cong Teves, Patrick Antonio, General Cascolan, Mayor Nagano salivating over his P60B-a-month windfall

  • March 4, 2022
  • Bilyonaryo.com

E-Sabong kingpin Atong Ang is accusing his rivals of conspiring to break his virtual -monopoly of the multi-billion peso E-Sabong or online cockfighting gambling business.
Atong Ang rakes in up to P60B a month in bets, P3B in profits from E-Sabong while PAGCOR takes only P400M a month
Ang is blaming his rivals for allegations that he was behind the disappearance of over 30 sabungeros who were abducted from cockpits operated by his Lucky 8-Pitmasters E-Sabong franchise.
In the Senate committee hearing probing the missing sabungeros, Ang identified the E-Sabong rivals ganging up on him as jueteng king Bong Pineda, Deputy Speaker Arnie Teves of Negros Oriental, former Agbiag party-list congressman Patrick Antonio, Mayor Elan Nagaño of San Leonardo Nueva Ecija, and former Philippine National Police chief Camilo Cascolan (Philippine Military Academy Class of 1986). Ang could not recall the real owner of the seventh franchisee.
Seen as suspect: Senate wants Atong Ang present in next hearing on missing ‘sabungeros’
“Nagiimbestiga pa lang, guilty na agad? Parang ang Lucky 8, parang inano nyo na na guilty e. Trial by publicity. Papatunayan ko sainyo na may conspiracy dito. Wala kaming kinalaman diyan, patutunayan ko sainyo ang conspiracy,” said Ang.
Amid search for missing sabungeros: Atong Ang confirms attendance to Senate probe on e-sabong
Their motive? Ang claims he controls 90 to 95 percent of all income generated from E-Sabong operations in the country with his rivals making do with scraps.
“Kasi 90 percent sa income ng sabong sa operation, 90 to 95 kami yun, dahil members ko lahat ng big-time sabungero kasi legit talaga na maayos lahat ‘to,” said Ang.
Para daw mabantayan! Grace Poe breaks down the reasons why the Senate should approve e-Sabong franchise of Atong Ang’s Lucky 8-Pitmasters
Ang revealed that he receives up to P60 billion in monthly bets through GCash and Paymaya from E-Sabong and that his Pitmaster earns
P3 billion a month. His rivals take in roughly P500 million each in bets between themselves.
In contrast, the Philippine Amusement and Gaming Corp. receives between P400 million and P600 million a month in revenues from E-Sabong.
Ang elaborated on the alleged conspiracy hatched by his rivals against him in a closed-door session with senators. “Magkakagulo-gulo dito,” said Ang.

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“Usapang Bilyonaryo” is a digital-first, hybrid magazine show hosted and produced by veteran broadcast journalist Ces Oreña-Drilon in cooperation with the Bilyonaryo.com team. The 30-minute TV cut airs on CNN Philippines at 8 PM every Monday, starting January 16. The full version or producer’s cut of each episode, as well as interview splices, will be posted on Bilyonaryo.com’s Youtube and Facebook accounts.

 

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