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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.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. 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....
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”.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 Chicago Tribune report that came out online Friday and in the newspaper Sunday.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 tickefree slot machines quick hitsts were sold to award major prizes....
Although the odds of winning on any ticket were the same for the first, last, and any unsold tickets – one game, The Good Life, should have seen 78 percent of revenue returned to players in prize money.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.s 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....
The game was pulled after only about 15 percent of tickets had been sold.In the case of The Good Life, “approximate odds” were met, according to a statement attributed to IGT by the Tribune. If that game were pulled before the progressive jackpot was won, players who had contributed to the rising big prize may feel they didn’t get their money’s worth....
