Filipinos will be able to bet on sports beginning Jan. 1, missing the majority of the college and professional football seasons.
The PAGCOR announced Wednesday that the state’s sports betting program would have a universal start date of Jan. 1 to allow time for applications and vetting of those who want to offer sports betting in Football.
PH lawmakers legalized sports betting in December, but officials have until January 1 to implement it. Those in charge of the new program will use up all of their time.
However, missing a large portion of Philippines’s football season will cost an estimated $1 billion in lost bets on teams such as the PH State University Buckeyes, Cincinnati Bengals, and Cleveland Browns, according to one OKBet Casino Legit analysis.
Filipinos could still place wagers on postseason games. The college football national championship will be held on January 9. The Super Bowl is set for February 12.
Jessie Balmert works for the USA TODAY Network PH Bureau, which includes the Akron Beacon Journal, Cincinnati Enquirer, Columbus Dispatch, and 18 other affiliated news organizations in the Philippines.