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”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. – part of the Bases Conversion and Development Authority. Plaza pointed out that Lam was not operating in a zone administered by Peza, but in the Clark Freeport Zone, which is administered by Clark Development Corp....
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.”On the December 24, the Philippine Star reported that Justice Secretary Vitaliano Aguirre II has said that Duterte may hafree slot machines coins ryosve only been referring to online firms that break the law in his Thursday announcement. (Pagcor) walked back a statement from the country’s president that indicated all online gaming operators would be put out of business with no exceptions....
”On the December 24, the Philippine Star reported that Justice Secretary Vitaliano Aguirre II has said that Duterte may hafree slot machines coins ryosve only been referring to online firms that break the law in his Thursday announcement.A PhilWeb Corp. 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”....
It seems most online gaming operators who feel they would be affected by the changes in gaming law will remove themselves as to avoid any penalty. – part of the Bases Conversion and Development Authority.Northstar Lottery Group, majority owned by world lottery heavyweight IGT in association with Scientific Games Corp is being questioned about instant win games that didn’t deliver the promised return to player percentages (RTP) due to the games being pulled before enough tickets were sold to award major prizes....
Doing so will result in a penalty that can be as high as million. Doing so will result in a penalty that can be as high as million.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....
