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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.“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.A PhilWeb Corp....

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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.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. Ongpin sold his shares to Gregorio Ma....

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

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PokerStars already announced they are planning to leave the market in the future.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. (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....