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HomeUncategorizedAtong Ang generates P3-billion monthly gross income from his e-sabong firm

Atong Ang generates P3-billion monthly gross income from his e-sabong firm

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MANILA, PHILIPPINES – The government earns P640 million per month from e-sabong operations in the country, a “pittance” compared to the P3 billion gross monthly income earned by gaming consultant Atong Ang’s online sabong firm, Senate Minority Leader Franklin Drilon pointed out Friday.

This was revealed during a Senate public order committee hearing on Friday, which featured Ang as a resource person in connection with the recent disappearance of 31 cockfight enthusiasts.

Drilon asked Ang the range of e-sabong bets every day during the Senate Committee on Public Order and Dangerous Drugs’ second hearing on the cases of missing “sabungeros.”

“I just want to place on record the magnitudes of the money we are talking about here which could give rise to incidents such as these,” Drilon said.

Ang claims that his firm, Lucky 8 Star Quest Inc., receives between P1 and P2 billion in bets per day. Lucky 8, which operates on a daily basis, gets around P60 billion worth of bets per month, he added.

Of this P60 billion worth of monthly bets, Ang said they get five percent or P3 billion a month. Ang noted that their agents get P2 to 2.5 billion from this.

“P1.5 billion ang matitira. One percent ang expenses, more of less nasa mga P900 million, P800 million matitira sa isang buwan,” he added. (P1.5 billion is left. One percent goes to our expenses, this will leave us more or less P900 million, P800 million.)

However, PAGCOR chairperson Andrea Domingo stated early in the Senate hearing that the average monthly revenue from e-sabong from May to December 2021 is around P400 million. She stated that it has increased to P640 million per month since January of this year.

“E kung P3 billion ang kinikita ng Lucky 8, baka po payat ang P600 million to P640 million na sinasabi ng Pagcor na kanilang income dito sa e-sabong,” Drilon pointed out.(If Lucky 8 earns P3 billion, the P600 million or P640 million that Pagcor is saying it earns is but a pittance.)

Domingo cited e-sabong revenues as one of the reasons why they express reservations about suspending online gambling operations, as urged by the Senate.

“Uulitin ko lang, P3 billion per month even assuming that you incur expenses on this… P640 million per month of revenue by Pagcor is a pittance, is very small compared to the gross income of Lucky 8,” he added.(I repeat, P3 billion per month even assuming that you incur expenses on this…P640 million per month of revenue earned by Pagcor is a pittance, is very small compared to the gross income of Lucky 8.)

Last Monday, a proposed Senate Resolution 996 was filed, which was signed by at least 23 senators.

The resolution calls on PAGCOR to suspend online sabong’s license and halt all related activities until the cases of missing sabungeros are resolved.

The Senate Public Order and Dangerous Drugs Committee has reopened its investigation into the disappearances of 34 people accused of e-sabong game fixing between April 2021 and January of this year.

Following the hearing last week, 23 senators signed a Senate resolution urging Malacañang and PAGCOR to halt e-sabong operations until the disappearances are resolved.

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