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Kingwin Ventures’ OKBet stands independent, remains active in the industry

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Following its establishment and first operations in 2021, OKBet, a fast-growing gaming platform, secured government license and accreditation from the Philippine Amusement and Gaming Corporation. Since then, the gaming platform has accomplished many things, it said in a statement Friday.

It noted that OKBet became a top contender in the local gaming industry, sponsored the country’s biggest regional basketball league—the Maharlika Pilipinas Basketball League (MPBL). It built strong partnerships with different institutions and esteemed sports personalities like the boxing champion and ex-Senator Manny “Pacman” Pacquiao.

“Among its many advocacies and milestones, OKBet provided aid to thousands of families, opened its first batch of gaming outlets, earned a nomination in the prestigious Asia Gaming Awards, and recently, won the Sportsbook Operator of the Year award at SIGMA Asia 2023.”

“At the core of OKBet’s rise is its steadfast dedication to fair play. OKBet operates under stringent regulatory oversight, ensuring integrity and transparency. Unlike its counterparts, OKBet remains independent and is not affiliated to any casinos, gaming houses, and junket operators,” it added.

With that said, OKBet continues to grow in the gaming industry. “As it moves forward, OKBet intends to explore more partnerships with different industries, provide more support to non-profit organizations, and create better opportunities for more people.”

“OKBet will continue to build and foster partnerships with major sports leagues and different public institutions around the country to advance its commitment to empower home-grown athletes, local competitive scenes, and the entire Filipino sports community.”

“Beyond these nationwide aspirations, OKBet plans to expand within the Asia-Pacific and other regions, as a powerhouse in the global arena,” it said.

OKBet vowed to uphold its integrity and ethical business practices.

“Just like a soaring eagle attracts both admiration and envy, success often draws both supporters and detractors. With OKBet’s achievements come challenges, controversies, and baseless rumors that attempt to cast shadows on the company’s reputation,” the company said.

“Although we take these claims seriously, OKBet remains resolute in its pursuit of transparency and progress and it remains eager for further success in the coming years,” it added.

OKBet also assured it maintains its status as an entity licensed by the Philippine Amusement and Gaming Corporation (PAGCOR).

It also assured its commitment to support the MPBL.

“OKBet’s success extends beyond the gaming landscape. It is also taking on the role of a leading partner of the country’s premiere regional basketball league.”

“As an official sponsor of the league and the franchise owner of the esteemed Makati OKBet Kings Basketball Team, the company has demonstrated its dedication to sports development and community engagement,” it said.


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