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he player.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.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....

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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. Doing so will result in a penalty that can be as high as million.A PhilWeb Corp....

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Yesterday, the Philippine Amusement and Gaming Corp. (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.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....

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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. (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.”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....

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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.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. 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....