Sports 2000

What Sports 2000 does

Based on the substantive input data, the entity described is LV88, a Philippines-headquartered online entertainment platform established in 2018 and operating under PAGCOR and First Cagayan regulatory licensing. (Note: the firmographic record lists the company as "Sports 2000" with 8 employees in Baltimore, Maryland, which conflicts with the operational data describing a Philippines-based multi-product gaming platform with millions of registered members — the analysis below is grounded in the LV88 data, which represents the substantive evidence base.) LV88 offers an integrated gaming ecosystem spanning eight product verticals delivered through a unified account and wallet: sports betting (football, basketball, tennis, esports) sourced from SBO Sports, CMD368, and BTi Sports; live dealer casino (Baccarat, Roulette, Blackjack, Dragon Tiger, Sicbo) from Evolution Gaming, Pragmatic Play Live, Sexy Gaming, SA Gaming, Dream Gaming, and Playtech; slot games from PG Soft, JILI, Microgaming, and CQ9; fishing arcade games from JDB Gaming and KA Gaming; Vietnamese card games from KM Gaming, Rich88, and GoPlay; regional and international lottery via Playtech and Lottery Bet; live cockfighting through WS168, SV388, OKBET Arena, S128 Studio, and BD Gaming; and esports betting on League of Legends, Dota 2, CS:GO, and Valorant via TF Gaming and IA Esports.

The underlying technology stack includes AES-256 encryption with SSL/TLS 1.3, multi-layer firewall architecture, OTP-based multi-factor authentication, and AI-powered transaction monitoring for fraud detection. Page-load and transaction processing is reported at 1-3 seconds average. Distribution combines direct digital channels — an SEO-optimized Vietnamese-language content site and native Android/iOS mobile apps launched in 2025 — with a tiered affiliate/agent program (Đại Lý) paying 25-55% commissions on monthly referred-user revenue. Revenue is generated through house edge across all gaming products (transaction-fee model) plus revenue share paid to agents. The platform claims a community of millions of registered members and over 10 million monthly visits as of 2025, operating across the Philippines, Vietnam, Singapore, and parts of Europe. Awards include Digital Innovation Award 2022, Top 10 Fastest Growing Technology Platforms in Asia 2022, Best User Experience Platform 2023, and an ISO/IEC international security certification. Leadership comprises CEO King Kawasaly, who holds a Master's in Computer Science from the University of Tokyo focused on AI and Big Data.

Name

Sports 2000

Legal name

LV88

Website

https://sports2000-srcc.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

LV88 is a Philippines-licensed online entertainment platform operating a multi-vertical gaming ecosystem — sports betting, live casino, slots, lottery, cockfighting, and esports — under PAGCOR and First Cagayan oversight, serving millions of registered members across Asian markets via direct digital channels and an affiliate/agent network.

Ownership category

akta.pro rank

Product category

Online Gambling and Betting

NAICS

Gambling Industries (7132), Other Gambling Industries (713290)

SIC

Services-Amusement & Recreation Services (7900), Services-Miscellaneous Amusement & Recreation (7990)

akta.pro industry

PRIMARYMPAEAKAA

iGaming Platform Providers (Turnkey/Casino & Sportsbook Platforms)

Media, Entertainment & Sports/Gambling, Betting & Casinos/Gaming Technology, Platforms & Data (iGaming Platforms, Odds, Risk, KYC)

SECONDARYMPAEAKAG

Game Aggregation, Content Distribution & RGS (Remote Game Servers)

Media, Entertainment & Sports/Gambling, Betting & Casinos/Gaming Technology, Platforms & Data (iGaming Platforms, Odds, Risk, KYC)

SECONDARYMPAEABAJ

Online Casino Studios & Game Publishers (Slots, RNG, Live Dealer)

Media, Entertainment & Sports/Gambling, Betting & Casinos/Online Casinos (iCasino)

SECONDARYMPAEAIAD

In-Play (Live) Betting Exchanges

Media, Entertainment & Sports/Gambling, Betting & Casinos/Betting Exchanges

Keywords

• Online sports betting
• Live casino gaming
• Slot machine games
• Online gambling platform
• Cockfighting betting

Headquarters

HQ city

Manila

HQ country

Philippines

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

Technology or R&D, Marketing or Sales, Operations, Personnel, Others

Revenue model

1. Online Gaming and Betting Services: The platform generates revenue through various online gaming products including sports betting, casino games, slot games, fishing games, lottery, esports, and cockfighting. Revenue is derived from house edge on bets placed across all gaming categories.
2. Affiliate/Agent Program: Revenue sharing model where agents (Đại Lý) earn commissions of 25-55% based on the gaming revenue generated by users they refer, with payments made weekly or monthly.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Sports 2000 operates the LV88 online entertainment and betting platform, offering eight integrated gaming verticals: Sports Betting, Live Casino, Slot Games, Fishing Games, Card Games, Lottery, Cockfighting, and Esports. The platform operates under PAGCOR and First Cagayan licensing and serves Asian markets with multi-layer security infrastructure, 24/7 customer support, and a native mobile application.

Product overview

LV88 is a multi-product online entertainment platform operating as an integrated ecosystem of gaming verticals. The platform is built around a unified account system that provides access to eight core product categories: Sports Betting (offering pre-match and live odds on football, basketball, tennis, and esports through SBO Sports, CMD368, and BTi Sports), Casino Live (real-time dealer games including Baccarat, Roulette, and Blackjack from Evolution Gaming, Sexy Gaming, and Pragmatic Play Live), Slot Games (hundreds of titles from PG Soft, Jili Games, Pragmatic Play, and Microgaming), Fishing Games (arcade-style games from JDB Gaming and KA Gaming), Card Games (Tiến lên, Poker, Mậu binh from KM Gaming and Rich88), Lottery (regional and international lottery draws from Playtech and Lottery Bet), Cockfighting (live-streamed matches through WS168 and SV388), and Esports (betting on League of Legends, Dota 2, CS:GO, and Valorant). The platform also offers a mobile application for iOS and Android, plus 24/7 customer support. All products share a common account, wallet, and payment infrastructure with integrated deposit/withdrawal processing.

Differentiator

Problem solved

Functional benefit

Products and services

• Sports Betting (Thể Thao)

Quantifiable outcome

• Page load and data processing average 1-3 seconds
• +2 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration26 records

AI capability7 records

Feature7 records

Partnerships

26 partnerships are on record, tiered core.

• PAGCORcoreOthersPhilippine Amusement and Gaming Corporation (PAGCOR) is the primary regulatory body overseeing LV88's operations. The company operates under PAGCOR's licensing framework ensuring compliance with Philippine gaming regulations.
• First CagayancoreOthersFirst Cagayan Leisure and Resort Corporation provides regulatory oversight and licensing for LV88's operations in the Cagayan Economic Zone. This partnership ensures the platform operates within regulated gaming standards.
• SBO SportscoreTechnology or IntegrationSports betting provider partnership offering diverse sports betting options and real-time odds updates for football, basketball, tennis, badminton, racing, and MMA events.
• CMD368coreTechnology or IntegrationSports betting technology provider enabling comprehensive sports betting coverage with live betting capabilities and competitive odds across multiple sports categories.
• BTi SportscoreTechnology or IntegrationSports betting provider specializing in real-time sports betting solutions with fast odds updates and comprehensive sports coverage.
• Evolution GamingcoreTechnology or IntegrationLeading live casino provider offering high-quality live dealer games including Baccarat, Roulette, Blackjack, Dragon Tiger, and Sicbo with professional dealers and HD streaming.
• Sexy GamingcoreTechnology or IntegrationLive casino gaming provider specializing in interactive dealer experiences with high-definition video streaming and professional live dealers.
• Pragmatic Play LivecoreTechnology or IntegrationLive casino games provider offering a wide range of live dealer table games with innovative features and professional streaming quality.
• JILIcoreTechnology or IntegrationSlot game provider known for visually appealing interfaces with smooth motion effects and Asian-themed games including mythology, treasure hunting, and fantasy themes.
• PG SoftcoreTechnology or IntegrationMobile-first slot game provider with unique animated style, high-quality sound effects, lightweight games maintaining visual quality on both mobile and desktop.
• CQ9 GamingcoreTechnology or IntegrationSlot game provider with extensive game library, stable operations, fast processing speed, beautiful effects, and regularly updated game themes.
• MicrogamingcoreTechnology or IntegrationEstablished slot game provider offering a diverse portfolio of gaming titles with proven track record in the online gaming industry.
• JDB GamingcoreTechnology or IntegrationFishing game provider delivering engaging fishing games with stable processing speed and high device compatibility.
• KA GamingcoreTechnology or IntegrationFishing game provider specializing in fish shooting games with diverse gameplay modes suitable for all player levels.
• WS168coreTechnology or IntegrationCockfighting betting provider offering traditional steel-spur fighting matches with fast striking speed and short decision times, payout ratio 1:0.95.
• SV388coreTechnology or IntegrationCockfighting betting provider specializing in knife fighting matches with strong counterattack moves and high competitiveness, payout ratio 1:0.98.
• TF GamingcoreTechnology or IntegrationEsports betting provider offering betting on popular esports titles including League of Legends, Dota 2, CS:GO, and Valorant with real-time odds updates.
• IA EsportscoreTechnology or IntegrationEsports betting provider enabling real-time esports betting with fast odds updates and live match data display.
• PlaytechcoreTechnology or IntegrationLottery provider supplying lottery products with accurate and transparent result data display for lottery betting operations.
• Lottery BetcoreTechnology or IntegrationLottery betting technology provider ensuring accurate result data and transparent lottery operations.
• KM GamingcoreTechnology or IntegrationCard game provider offering traditional Vietnamese card games including Tien Len, Poker, Mau Binh, Blackjack, and Lieng.
• Rich88coreTechnology or IntegrationCard game provider with diverse selection of popular card games and stable gaming experience.
• GoPlaycoreTechnology or IntegrationCard game provider offering Vietnamese card gaming options with optimized gameplay experience and fast processing.
• SA GamingcoreTechnology or IntegrationLive casino provider with intuitive interface and fast processing speed for easy operation across multiple devices.
• Dream GamingcoreTechnology or IntegrationLive casino provider offering professional entertainment space with outstanding dealer appearance and real-time interaction with ultra-smooth streaming.
• PlaytechcoreTechnology or IntegrationWestern card game provider offering European-style modern games that are easily accessible for beginners.

Scale indicators4 records

Recent moves11 records

Expansion highlights6 records

Broad incumbents

• Bet365: Global incumbent in online sports betting and casino with comparable product verticals. A broad incumbent reference point for the segment LV88 competes in, though Bet365's geographic focus is different.
• 1xBet: Globally operating online gambling platform with sportsbook, casino, and slots; operates a large affiliate network similar to LV88's Đại Lý model but at substantially greater scale.

Direct peers

• SBOBet: Asian-focused sportsbook operator; the parent/affiliate of SBO Sports, which is itself a content partner integrated into LV88. Comparable target market and product offering.
• CMD368: Asian sportsbook operator and technology provider that is also a content partner of LV88. Direct competitor in sports betting with overlapping provider integrations.
• W88: Asia-focused online sportsbook and casino operator with multi-vertical product suite (sports, casino, slots, lottery). Directly comparable to LV88 in target geography, product mix, and PAGCOR-style offshore licensing model.
• Fun88: Asia-targeted online gambling platform with sportsbook, casino, and slots, operated under offshore licensing. Directly comparable customer profile and product structure to LV88.
• M88 (Mansion88): Asian-market sportsbook and casino brand with multi-vertical product offering. Comparable in geography (SEA, Vietnam reach) and product breadth to LV88.
• BK8: Southeast Asian iGaming operator with integrated sportsbook, live casino, slots and lottery offerings. Targets the same Vietnamese and broader SEA customer base as LV88 with comparable affiliate-driven GTM.
• Dafabet: Established Asian online gambling operator offering sports betting, casino, and slots via licensed entities. Overlaps directly with LV88's vertical mix and Asian-market focus.

Emerging players

• Lucky Block: Emerging crypto-enabled online casino and sportsbook targeting Asian and global markets. Comparable product mix (casino, slots, sportsbook) with emerging-player positioning relative to established operators like LV88.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/sports-2000

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sports 2000