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Bilyonaryo - Business

GCash to reveal its share in Atong Ang’s P60B monthly E-Sabong bets next week; Paymaya got only P500M since it started taking bets Feb 5

  • March 4, 2022
  • Bilyonaryo.com

GCash, the e-wallet app of Globe Telecom and Chinese e-commerce giant Alibaba, has committed to reveal its share in the P60 billion monthly bets received by E-Sabong kingpin Atong Ang.
E-Sabong war! Atong Ang claims rivals Bong Pineda, Cong Teves, Patrick Antonio, General Cascolan, Mayor Nagano salivating over his P60B-a-month windfall
During the Senate probe on the disappearance of 34 sabungeros from Ang’s cockpits, GCash legal counsel Gilbert Escoto requested for two to three days to submit the total bets made on Pitmaster’s E-Sabong games through GCash.
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’s Pitmaster accounts for 95 percent of all money poured into E-Sabong and with the bulk of the bets coursed through GCash.
Amid search for missing sabungeros: Atong Ang confirms attendance to Senate probe on e-sabong
Senator Francis Tolentino had previously urged GCash to take down Pitmasters from its app’s menu while Senator Bato Dela Rosa claimed E-Sabong bets accounted for as much as three-fourths of GCash’s transactions.
Masama lang nakikita! Atong Ang blasts politikos, businessman for trying to kill e-sabong
Both Tolentino and Dela Rosa believe that gambling has become too easy through e-wallets and this has caused many social ills such as overseas Filipino workers losing their savings and minors getting addicted to gambling.
Para daw mabantayan! Grace Poe breaks down the reasons why the Senate should approve e-Sabong franchise of Atong Ang’s Lucky 8-Pitmasters
GCash rival, Paymaya, was quick to provide the Senate with its share of Pitmaster’s bets. Paymaya lawyer Eloi Sy said Paymaya took in a total of P580 million bets since it added Pitmaster on its app last February 5. She said Paymaya only earned P2 million from the Livemaster  bets placed on its app.
Amid search for missing sabungeros: Atong Ang confirms attendance to Senate probe on e-sabong

  • Related News Tags: E-Sabong, GCash, Gilbert Escoto, Globe Telecom
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Usapang Bilyonaryo by Ces Drilon

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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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