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(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. – part of the Bases Conversion and Development Authority. Doing so will result in a penalty that can be as high as million....

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

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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”. Doing so will result in a penalty that can be as high as million., 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....

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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.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....