PACIFIC Online signed a memorandum of agreement on Wednesday, Aug. 30, 2023, with the Philippine Charity Sweepstakes Office (PCSO) in connection with the latter’s implementation of a one-year trial run for a Web-Based Application Betting Platform (WABP).
Through the WABP, the PCSO aims to develop and promote more marketable, adaptable, resilient, and trendy betting platforms, taking into account the evolution of the gaming market and the advancements in technology.
The MOA will cover a trial period for the WABP for one year, subject to renewal, during which Pacific Online will be acting as PCSO’s exclusive agent and generating gross revenues equivalent to 14 percent of PCSO’s gross sales generated using the WABP. (PR)