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Roberto Ongpins Offers to Donate his shares in Pagcor
PAGCOR SPURNS ONGPINS OFFER TO DONATE HIS PHILWEB MAJORITY SHAREHOLDING (Update)
Pagcor chief says the issue is not Ongpin’s ownership of Philweb, but President Duterte’s stand against online gambling.
Fomer Philweb chairman Roberto Ongpins offer to donate his majority shareholding in the company to Pagcor has been spurned by Pagcor chief Andrea Domingo, according to reports Thursday in Philippines media.
Domingo confirmed to local reporters that her office had rejected Ongpin’s offer to donate 49 percent pf his majority stake in Philweb after her organization refused to renew the companys licence despite a 14 year relationship, making continued operations impossible.
Domingo explained that the issue was not Ongpin’s ownership of Philweb per se, but Philippines national President Rodrigo Duterte’s firm stand against the social ills brought about by online gambling.
In making the offer of the donation earlier this week Ongpin said it was “a final attempt to save the jobs of about 700 Philweb employees, plus about 5,000 others who are employed by the Pagcor operators in 286 e-Games sites.”
Philweb executives have repeatedly pointed out to state-owned Pagcor that the company contributes around P2.1 billion a year to its coffers, and that average spend of each e-games player was about P5,000 per day, proving that the company is hardly preying on "the poor and indigent."
$75K Win on Mobile Slot @ CafeCasino -
Café Casino’s mobile slot, Achilles, paid out in a big way over the weekend. A player from Pennsylvania, Rob J., triggered the game’s free spins mode by landing three scatters.
2017 Punta Cana Poker Classic Results -
The 2017 Punta Cana Poker Classic is now in the books and players are returning home after a week-long poker celebration. And after a major final table deal, two players have the most reason to celebrate. Roberto Carvallo ultimately won the tournament after negotiating a final table deal with Jamin Stokes.
NHL Odds: Winnipeg Jets vs. Minnesota Wild -
Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.
Historic weekend at Americas CardRoom -
ACR ran two $1,000,000 guaranteed tournaments last Sunday for the first time in their history; a $2,100 high roller for the BOSS Main Event and a $540 buy-in Million Dollar Sunday. They were both on the last day of the $14 Million OSS Cub3d.
WPN Affiliates Headed to Berlin Affiliate Conference -
With the Berlin Affiliate Conference just over a week away, WPN Affiliates is making a bold statement. The online poker affiliate network announced that they are eager to buy traffic and ready to make deals with affiliates looking to capitalize on some big innovations.
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