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Sportsbook subsidiary of Jade Entertainment & BetConstruct, Jade SportsBet, has announced it is back online, after an intermission period within which the company sought to enhance its product offerings.
Jade Sportsbet was incepted in the Philippines as part of a joint venture between Jade Entertainment and BetConstruct in December of 2022. Now, the company has unveiled several updates following its announcement of re-integration into the operational online landscape, including the option for players to place a lowest minimum bet of PHP 10 ($0.17).
An additional underlined change is the increase in Jade Sportsbet’s PAGCOR Security Bond from PHP 15m to PHP 25m. Further, the sportsbook is now set to power Nustar’s SportsMaxx user interface, as the Nustar brand seeks to re-focus 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 satisfaction of our customers. The increase in our PAGCOR Security Bond is a testament to our dedication to providing a secure and reliable platform. We have used this downtime efficiently to discuss and plan our product offerings with our Platform Provider BetConstruct who was just awarded the Global Gaming Award for Best Sportsbook Platform at the recent Awards Ceremony in Manila.”
In March, Jade Entertainment helped Jackpot Digital make its market debut in Asia as part of a distribution partnership agreement, while BetConstruct was the Lead Partner of the Global Gaming Awards Asia-Pacific 2024.
Additional recent updates from the Philippines region saw the nation’s President, Ferdinand Marcos Jr., announce a complete ban on all Philippines Offshore Gaming Operators (POGOs) by the end of the year.
