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Pagcor Resumes Online Gambling
PAGCOR ANNOUNCES RESUMPTION OF ONLINE GAMBLING
Stricter enforcement will keep operational venues away from schools and churches, says regulator.
Having created mayhem in the Philippines e-gaming space at the behest of new national president Rodrigo Duterte , the Philippine Amusement and Gaming Corporation (Pagcor) announced Saturday that online gambling will be permitted to resume, albeit with stricter enforcement that will keep operational venues well away (200 metres) from schools and churches.
Arnell Ignacio, assistant vice president for community relations and services at Pagcor, said that the enforcement measures would be strictly applied, with consequences for any non-compliance.
Ignacio said Pagcor intended to open the online gaming industry to more players:
"We will open it up to more people but only under very stringent measures," he said.
He said casinos in the country have begun recovering from low earnings.
The Pagcor spokesman was not specific or clear regarding the re-issue or resumption of licensing for operators that were refused licensing renewals or had permits withdrawn last month.
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Super Multitimes Progressive HD Slot -
This 3-row, 5-reel slot features Multipliers, Wilds, Free Spins and four Progressive Jackpot levels offering increasing wins to heighten player engagement.
2017 Aussie Milliona Updates Events 2,3,4 -
Taiwan's James Chen bested Australian Rainer Quel heads up to win the first championship ring of the series in which he defeated a field of 48 players in Event 2: $2,500 H.O.R.S.E. earning the top prize of AUD$39,700.
Juventus name VWin as Partner -
“We are very satisfied with this new regional partnership that confirms Juventus’ global growth in high potential markets such as this one,” Giorgio Ricci, co-chief revenue officer & head of global partnerships and global revenue for Juventus said.
Luckia Group 2016 Results -
The group reports record turnover of Euro 269.66 million, up 12 percent over full year 2015 with EBITDA standing at Euro 44 million, a 26 percent increase over the previous year.
Fire Rooster Slot Launches -
This 5-reel, graphic-rich slot is based on the Chinese legend, The Rooster’s Lament, in which the Jade Emperor chooses specific animals to represent the months of the year.
n2-Live Updates -
The company promises new features designed to enhance the playing experience that “further distance our gaming solutions from the ‘me too’ products currently available in the market place.”
Betfred FY 2016 -
Betfred has seemingly reversed its fortunes with a strong 2016 delivering a GBP 28,438,000 operating profit as opposed to the GBP 77,312,000 loss in fiscal year 2015.
Cherry CEO Fredrik Burvall Steps down -
Anders Holmgren, currently a board member of Cherry AB and one of the founders of Betsson where he also held the role of chief executive officer of Betsson Malta
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