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Yesterday, the Philippine Amusement and Gaming Corp.”Justice Secretary Vitaliano Aguirre II has reportedly clarified that the president was referring to the Cagayan Economic Zone Authority (CEZA), the regulator that actually licensed Asian-facing online casinos there in the past, prior to Pagcor’s take-over of the revenue stream.“The one who gets appointed to PEZA (Philippine Economic Zone Authority), he gets about P300 billion (about USb) selling the umbrella-type of license,” the President said....
He said that companies complying with Pagcor regulations had nothing to fear, and that he would soon have an executive order from the president appointing Aguirre as the head of a new online task force and defining the agency’s power and authority.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.After signing a budget funding bill on Thursday, December 22, Duterte announced, “I am ordering the closure of all online gaming....
A PhilWeb Corp.”Justice Secretary Vitaliano Aguirre II has reportedly clarified that the president was referring to the Cagayan Economic Zone Authority (CEZA), the regulator that actually licensed Asian-facing online casinos there in the past, prior to Pagcor’s take-over of the revenue stream. PokerStars already announced they are planning to leave the market in the future....
PEZA director general Charito Plaza addressed a letter to the president explaining that, “…online gaming or online gambling or any form of gambling operation is not registrable with PEZA and is not allowed by PEZA,” according to reports.Although the odds of winning on any ticket were the same for the first, last, and any unsold tickets –Yesterday, the Philippine Amusement and Gaming Corp....
After signing a budget funding bill on Thursday, December 22, Duterte announced, “I am ordering the closure of all online gaming.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.After signing a budget funding bill on Thursday, December 22, Duterte announced, “I am ordering the closure of all online gaming....
