Jade SportsBet, the sportsbook arm of Jade Entertainment & BetConstruct, has resumed its online operations. Following a brief intermission for product enhancement, the company is excited to unveil its improved offerings to sports betting enthusiasts.
Jade Sportsbet rebrands and relaunches after reintegration
Jade Sportsbet, initially launched in the Philippines through a joint venture between Jade Entertainment and BetConstruct in December 2022, has announced a series of updates. This comes in line with their recent reintegration into the online operational landscape.
Jade Sportsbet has rolled out significant updates to enhance user experience and security. Players can now place a minimum bet of PHP 10 ($0.17), making betting more accessible. Additionally, Jade Sportsbet’s PAGCOR Security Bond has increased from PHP 15 million to PHP 25 million. These updates coincide with the sportsbook’s integration into Nustar’s SportsMaxx user interface, promising a more streamlined and secure betting environment.
Key updates
- Minimum Bet: PHP 10 ($0.17);
- PAGCOR Security Bond: PHP 25 million;
Benefits to users
| Update | Benefit |
|---|---|
| Lower Minimum Bet | More accessible betting |
| Increased Security Bond | Enhanced security |
| SportsMaxx Integration | Improved user interface |
Jade Sportsbet CEO highlights commitment to responsible gaming
Joe Pisano, Founder and CEO of Jade SportsBet, underscores the company’s unwavering dedication to responsible gaming and customer satisfaction.
Jade Entertainment aids Jackpot Digital’s Asian market entry
In March, Jade Entertainment facilitated Jackpot Digital’s expansion into the Asian market, marking a significant milestone for the company. Additionally, BetConstruct garnered recognition at the prestigious Global Gaming Awards Asia-Pacific 2024.
Furthermore, industry insights highlight the impending ban on Philippines Offshore Gaming Operators, which could reshape the regional gaming landscape.
Recent updates in the online sports betting industry in the Philippines reveal significant growth and development. The government has introduced new regulations to ensure fair play and better consumer protection.
Key developments
- Introduction of stricter licensing requirements;
- Enhanced security measures for online transactions;
- Partnerships with international betting platforms;
- Increasing popularity of mobile betting apps;
Impact on the industry
These changes are expected to attract more international operators and provide a safer environment for bettors.
