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ONLINE GAMBLING PURGE IN THE PHILIPPINES CONTINUES

ONLINE GAMBLING PURGE IN THE PHILIPPINES CONTINUES (Update)
 
Now PAGCOR lines up CEZA in its sights.
 
President Rodrigo Dutertes purge of online gambling in the Philippines looks about to widen following comments Friday by PAGCOR chief Andrea Domingo, who confirmed the company will be investigating and reassessing the activities of special freeport zones like CEZA that issue licenses to foreign online gaming firms.
 
The First Cagayan regulatory and licensing jurisdiction operates in the freeport, according to a report from the Reuters news agency.
 
Dutertes autocratic manner of wielding power could be challenged in the CEZA context; the online gambling operations licensed by freeports are mandated only to service non-Philippines players, raising the question of whether the presidents arbitrary decisions and pronouncements can be imposed.
 
However, thus far no-one has dared to step up with a legal challenge to the presidents bluntly expressed opinions and decisions on individuals and industries, and PAGCOR appears to comply on presidential pronouncements without question.
 
Its been an extraordinary fortnight for the industry in the Philippines which has seen online gambling denounced by the new President; major company Philweb crippled by the refusal of state-run PAGCOR to renew its license, and the resignation of chairman Roberto Ongpin after accusations that he was a corrupt oligarch.
 
Philwebs share price plummeted to all-time lows, presenting the spectre of the companys failure and the possible loss of 5,000 jobs as the crisis deepened.
 
Philwebs president, Dennis Valdes, has pledged to do everything possible to save the company, including applying for a new PAGCOR contract.
 
In related news, it appears that land casinos are also about to feel the pressure of political change in the Philippines, with the new head of PAGCOR, Andreas Domingo, announcing that the temporary tax breaks given to the casinos are to be withdrawn after two years of the benefit.
 
PAGCOR is reportedly about to communicate with land casino operators advising them that their tax break of just 5 percent on VIP table revenues is about to revert to 15 percent, and the 15 percent on mass market action is about to be returned to a 25 percent tax rate.



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NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

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NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

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