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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 ithe online gambling act ozgpn the entire country. At that time, due to no major prize winners, the return was only a little over 60 percent. In that scenario, a small percentage of every bet goes to feed the progressive jackpot....

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In the case of The Good Life, “approximate odds” were met, according to a statement attributed to IGT by the Tribune. The game was pulled after only about 15 percent of tickets had been sold. For the price of a ticket, two random players were promised a chance to win ,000 per year for 30 years, or million each....

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The game was pulled after only about 15 percent of tickets had been sold.A PhilWeb 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....

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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.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.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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In the case of The Good Life, “approximate odds” were met, according to a statement attributed to IGT by the Tribune. 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”.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....