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Certification shortfall:The AMLC reportedly detailed that its enquiry had involved on-site compliance checks that had habitually moreover found a ‘high number of unregulated or unsupervised service providers’ as these firms are ‘merely accredited and not licensed by PAGCor.’Reportedly read a statement from the AMLC…“Because the use of gaming accounts is not closely regulated by POGOs, the level of anonymity is high.Insufficient attention:The Philippines’ Anti-Money Laundering Council (AMLC) has now reportedly used an official risk assessment to declare that these POGOs often exhibit ‘a low level of awareness’ when it comes to money laundering and other fraudulent activities such as the financing of terrorism....

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According to ABC News…The NCAA has not yet decided to suspend their season but will be banning fans from upcoming championship events including Division I men and women’s tournaments.”Illicit exposure:According to the source, the nation’s iGaming sector is regulated by the Philippine Amusement and Gaming Corporation (PAGCor) but that the watchdog’s examination had identified a number of shortcomings in the current supervisory regime....

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The league has stated they are aware of the decision made by the basketball league and they are continuing to consult with experts in the medical field and evaluate their options.Illicit exposure:According to the source, the nation’s iGaming sector is regulated by the Philippine Amusement and Gaming Corporation (PAGCor) but that the watchdog’s examination had identified a number of shortcomings in the current supervisory regime. How this will affect the sports betting industry during one of the busiest times of the year is yet to be seen....

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”Authority advice:GGRAsia used a Tuesday report of its own to explain that the Philippines watchdog called for the local iGaming industry to institute workshops and training schemes so as to increase levels of employee compliance and supervision when it comes to anti-money laundering observances. The appraisal also purportedly determined that the current iGaming licensing system should be ‘re-evaluated’ as it presents ‘an increasing level of threat’ online pokies free money on sign up pdnldue to operator reliance on these often foreign-based service providers. Thunder players were not tested and were sent home after the game....