MegaSportsWorld (MSW) has been approved by the Philippine Amusement and Gaming Corporation (PAGCOR) to offer online sports betting throughout the Philippines.
The current approval of online sports betting services from licensed domestic sportsbooks comes from the heels of COVID, as many public businesses, including casinos and sportsbooks, have taken a hit due to the restrictions imposed due to the pandemic. To keep this business afloat, PAGCOR passed the PIGO (Philippine Inland Gaming Operators) scheme to allow casinos and integrated resorts the opportunity to offer licensed online gambling services online.
Online sports betting from MSW is only allowed to registered users. To registrar, you must visit a location in person to verify your identity.
The Philippine Amusement and Gaming Corporation, better known as PAGCOR, oversees the gaming industry throughout the Philippines and was initially created by the Government to protect businesses and patrons from illegal gaming activities.
Today, PAGCOR is still the leading regulator and oversees the majority of the countries gaming practices. Filipinos often play PAGCOR regulated sportsbooks due to their legal status and convenience of multiple brick-and-mortar locations.
Domestic vs. Offshore
While PAGCOR licenses online sportsbook services like MegaSportsWorld, other online sportsbooks also hold licenses from respected gaming regulators and are legal.
Offshore sportsbooks typically offer more betting options and banking options than domestic sportsbooks. Online banking is where offshore sportsbooks typically win with their multiple deposit and withdrawal options, including cryptocurrency, USD, wire transfers, and more.
Online Bonus Options
Online sportsbooks operating legally to Philippine residents will often offer incentives to sign up. Online bonus offers are among the many perks of placing sports bets online, alongside reward programs, free bets, and more.
It is important to remember that online bonuses are often tied to rollover requirements. That means that a 100% bonus could have a 5x rollover, meaning that you will have to wager $500 before you can withdraw your bonus.
When it comes to the best bonus incentives you will find that offshore sportsbooks like BetOnline or SportsBetting AG offer more bonus offers than domestic sites. While both services have their ups and downs, it is ultimately up to you and how you prefer to place your bets.