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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.A PhilWeb Corp. In that scenario, a small percentage of every bet goes to feed the progressive jackpot....
Northstar Lottery Group became the first private firm in the United States to rs 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.In the case of The Good Life, “approximate odds” were met, according to a statement attributed to IGT by the Tribune....
Ongpin sold his shares to Gregorio Ma. If that game were pulled before the progressive jackpot was won, players who had contributed to the rising big prize may feel they didn’t get their money’s worth. 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”....
In the case of The Good Life, “approximate odds” were met, according to a statement attributed to IGT by the Tribune.An analogy that may help differentiate between “odds” and “RTP” and whether the practice was fair, is to imagine playing a slots game with a progressive jackpot that must trigger by a certain dollar amount. At that time, due to no major prize winners, the return was only a little over 60 percent....
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