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PhilWeb lost its licenses in August but expects Pagcor to renew them under new leadership since Duterte singled out former majority owner Roberto Ongpin as an oligarch who must be “destroyed”.While Vera & John have not officially stated why they are moving out of the country, it seems that they are getting a head start before the new gambling laws are put into effect.Although the odds of winning on any ticket were the same for the first, last, and any unsold tickets –...
, spokesman defended their position in the market by stating that none of the eGames outlet games can be accessed from homes or offices and each of the more than 250 outlets, serving up casino games, slots, and sports betting, is directly licensed by Pagcor, and that PhilWeb only provides software to Pagcor for individual entrepreneurs to operate the businesses. PokerStars already announced they are planning to leave the market in the future. Operators that do not have a local license will not be able to legally offer their services in Australia....
The Federal government is currently accepting reviews of the gaming provisions of the country and this could significantly change the way online gambling takes place in the country. Aguirre mentioned Jack Lam who was caught with over 1,300 undocumented Chinese workers operating an illegal online betting call center which may have been ‘proxy betting’ for gamblers on the Chinese mainland. Operators that do not have a local license will not be able to legally offer their services in Australia....
A PhilWeb Corp.Earlier reports suggested that Duterte was going after the Philippine Economic Zone Authority (PEZA) for being corrupt and issuing gambling licenses in its economic zones. PokerStars already announced they are planning to leave the market in the future....
Yesterday, the Philippine Amusement and Gaming Corp. Doing so will result in a penalty that can be as high as million. Aguirre mentioned Jack Lam who was caught with over 1,300 undocumented Chinese workers operating an illegal online betting call center which may have been ‘proxy betting’ for gamblers on the Chinese mainland....
