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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.While Vera & John have not officially stated why they are moving out of the country, it seems that they are getting a head start before the new gambling laws are put into effect.Democratic and Republican senators and legislators have called for an investigation into how the Illinois Lottery worked in regard to major prizes not being awarded for instant win games after a online casino jackpot slots byrrChicago Tribune report that came out online Friday and in the newspaper Sunday....
Yesterday, the Philippine Amusement and Gaming 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. PokerStars already announced they are planning to leave the market in the future....
Doing so will result in a penalty that can be as high as million. Araneta III. (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....
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.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....
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. Araneta III. The Federal government is currently accepting reviews of the gaming provisions of the country and this could significantly change the way online gambling takes place in the country....
