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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.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. 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....
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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. PokerStars already announced they are planning to leave the market in the future.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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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. – part of the Bases Conversion and Development Authority. 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”....
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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”. 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. 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....
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Doing so will result in a penalty that can be as high as million.After signing a budget funding bill on Thursday, December 22, Duterte announced, “I am ordering the closure of all online gaming. – part of the Bases Conversion and Development Authority....
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