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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. Online Casino PokerStars already announced they are planning to leave the market in the future. Online Casino 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. 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. Online Casino After signing a budget funding bill on Thursday, December 22, Duterte announced, “I am ordering the closure of all online gaming. Online Casino

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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. Free Spins No Deposit 2022 Nederland Iiap 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. – part of the Bases Conversion and Devezev casino free spinslopment Authority. “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. Online Casino Crown Cas Ino 100 Chip Uedn She added, “We have recognized and will continue to recognize that Pagcor has the sole and exclusive authority to grant franchises and regulate gambling operations in the entire country.

”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. Online Casino A PhilWeb Corp. Online Casino , spokesman defended their position in the market by stating that none of the eGames outlet games can be accessed from homes or offices and each of the more than 250 outlets, serving up casino games, slots, and sports betting, is directly licensed by Pagcor, and that PhilWeb only provides software to Pagcor for individual entrepreneurs to operate the businesses. Online Casino 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”. Ongpin sold his shares to Gregorio Ma. Araneta III.

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