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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. Doing so will result in a penalty that can be as high as million.She added, “We have recognized and will continue to recognize that Pagcor has the sole and exclusive authority to grant franchises and regulate gambling operations in the entire country....
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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 changlive cas ino food wszme 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.Yesterday, the Philippine Amusement and Gaming Corp. Araneta III....
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She added, “We have recognized and will continue to recognize that Pagcor has the sole and exclusive authority to grant franchises and regulate gambling operations in the entire country. PokerStars already announced they are planning to leave the market in the future.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....
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It seems most online gaming operators who feel they would be affected by the changes in gaming law will remove themselves as to avoid any penalty.”On the December 24, the Philippine Star reported that Justice Secretary Vitaliano Aguirre II has said that Duterte may halive cas ino food wszmve only been referring to online firms that break the law in his Thursday announcement.he player....
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Ongpin sold his shares to Gregorio Ma. 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”. Doing so will result in a penalty that can be as high as million....
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