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At that time, due to no major prize winners, the return was only a little over 60 percent. 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. All of it....
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.
Yesterday, the Philippine Amusement and Gaming Corp. All of it....
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.“We wish to assure the President that his policy of not registering online gaming or online gambling in PEZA will not change and will continue as PEZA is one with the President in his conviction that any form of online gaming or online gambling will not benefit the country and the Filipino people,” said Plaza.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....
(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.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. For the price of a ticket, two random players were promised a chance to win ,000 per year for 30 years, or million each....
The game was pulled after only about 15 percent of tickets had been sold. For the price of a ticket, two random players were promised a chance to win ,000 per year for 30 years, or million each. (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....
