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“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. Operators that do not have a local license will not be able to legally offer their services in Australia.After signing a budget funding bill on Thursday, December 22, Duterte announced, “I am ordering the closure of all online gaming....
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.Democratic and Republican senators and legislators have called for an investigation into how the Illinois Lottery worked in regard to major prizes not being awarded for instant win games after a poker online vs live hbdeChicago Tribune report that came out online Friday and in the newspaper Sunday.Yesterday, the Philippine Amusement and Gaming Corp....
“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. Doing so will result in a penalty that can be as high as million.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....
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.Yesterday, the Philippine Amusement and Gaming Corp.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....
Ongpin sold his shares to Gregorio Ma. Andrea Domingo said an executive order would soon be issued to settle the matter and that only unlicensed online gaming businesses will be shut down, with all online licenses in the future going through Pagcor.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....
