Jade Sportsbet was launched in the Philippines in December 2022 as part of a joint venture between Jade Entertainment and BetConstruct. Now, the company has unveiled several updates after announcing its re-entry into the online space of operations, including the ability for players to opt for a minimum minimum bet of Php 10 ($0.17).
Another change is the increase in Jade Sportsbet’s PAGCOR guaranteed bonds from Php 15 million to Php 25 million. Additionally, the sportsbook will now power Nustar’s SportsMaxx user interface as the Nustar brand seeks to refocus its efforts on marketing.
Commenting on the development, Joe Pisano, Founder and CEO of Jade SportsBet, said: “At Jade SportsBet, we prioritize responsible gaming and customer satisfaction. The increase in our PAGCOR guarantee is testament to our commitment to delivering A safe and secure platform. We have used this downtime effectively to discuss and plan our product with our platform provider BetConstruct, who just won the Global Gaming Award for Best Sports Betting Platform at an awards ceremony in Manila. prize."
In March this year, Jade Entertainment helped Jackpot Digital debut in Asia as part of a distribution partnership agreement, with BetConstruct a key partner at the 2024 Asia Pacific Global Gaming Awards.
The latest news from the Philippines is that the country’s President Ferdinand Marcos Jr. announced a total ban on all Philippine Offshore Gaming Operators (POGOs) by the end of the year.
