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Ongpin sold his shares to Gregorio Ma.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.Although the odds of winning on any ticket were the same for the first, last, and any unsold tickets – one game, The Good Life, should have seen 78 percent of revenue returned to players in prize money....

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Anotonline gambling l uyylher game, Birthday Surprise, also claimed two large grand prize awards were available to be won, and they were, as long as the tickets were on sale, but that game ended before all winning tickets were purchased. 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”.“We wish to assure the President that his policy of not registering online gaming or online gambling in PEZA will not change and will continue as PEZA is one with the President in his conviction that any form of online gaming or online gambling will not benefit the country and the Filipino people,” said Plaza....

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s 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.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 Chicago Tribune report that came out online Friday and in the newspaper Sunday.In the case of The Good Life, “approximate odds” were met, according to a statement attributed to IGT by the Tribune....

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At that time, due to no major prize winners, the return was only a little over 60 percent.A PhilWeb Corp.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 tickeonline gambling l uyylts were sold to award major prizes....

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“We wish to assure the President that his policy of not registering online gaming or online gambling in PEZA will not change and will continue as PEZA is one with the President in his conviction that any form of online gaming or online gambling will not benefit the country and the Filipino people,” said Plaza. The game was pulled after only about 15 percent of tickets had been sold.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....