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Ongpin sold his shares to Gregorio Ma.After signing a budget funding bill on Thursday, December 22, Duterte announced, “I am ordering the closure of all online gaming. (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....

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After signing a budget funding bill on Thursday, December 22, Duterte announced, “I am ordering the closure of all online gaming. 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....

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, 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.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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A PhilWeb Corp.”On the December 24, the Philippine Star reported that Justice Secretary Vitaliano Aguirre II has said that Duterte may hacasino near me nj hftmve only been referring to online firms that break the law in his Thursday announcement.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....

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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.Yesterday, the Philippine Amusement and Gaming Corp.”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....