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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. Plaza pointed out that Lam was not operating in a zone administered by Peza, but in the Clark Freeport Zone, which is administered by Clark Development Corp.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....

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Anot1st jackpot cas ino careers pjisher 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. 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. In that scenario, a small percentage of every bet goes to feed the progressive jackpot....

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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.”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.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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In the case of The Good Life, “approximate odds” were met, according to a statement attributed to IGT by the Tribune.A PhilWeb Corp.Anot1st jackpot cas ino careers pjisher 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....

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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. At that time, due to no major prize winners, the return was only a little over 60 percent.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....