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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. The game was pulled after only about 15 percent of tickets had been sold. Araneta III....

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For the price of a ticket, two random players were promised a chance to win ,000 per year for 30 years, or million each. Ongpin sold his shares to Gregorio Ma. In that scenario, a small percentage of every bet goes to feed the progressive jackpot....

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Some million in smaller prizes had been awarded when the game was pulled, but two behemoth jackpots stayed unsold or at least unclaimed. For the price of a ticket, two random players were promised a chance to win ,000 per year for 30 years, or million each.“The one who gets appointed to PEZA (Philippine Economic Zone Authority), he gets about P300 billion (about USb) selling the umbrella-type of license,” the President said....

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A PhilWeb Corp. 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”. 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”....

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Araneta III.According to the report, the Tribune found that more than 40 percent of grand prizes, 23 jackpots in total, were not awarded in Illinois – a much higher incidence than other state lotteries have reported. – part of the Bases Conversion and Development Authority....