No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Updates On PhilWeb
PHILWEB LATEST (Update)
Ongpin to auction his 53.76 percent of the company, and Valdes hopes for a fresh start to save 5,000 jobs.
Media reports from Manila Wednesday are that the recently resigned chairman of Philweb, Roberto Ongpin, has announced that he is to sell his 53.76 percent stake in the company in what he claims is a last ditch effort to save the jobs of 5,000 employees, whilst PhilWeb president Dennis Valdes said he hopes for a fresh start and is reluctant to start firing people.
The companys found itself in dire straits over a two week time-frame after the new Philippines president Rodrigo Duterte said he wants to eliminate online gambling, and was directly critical of Philweb chairman Roberto Ongpin. This led to Ongpins resignation, and to PAGCOR refusing to renew Philwebs licence as the companys share price plummeted - falling over 70 percent.
Ongpin claims that his motive in selling off his stake in the company by public auction is to save the firm and its 5,000 employees.
"In a final effort to save the jobs of thousands of innocent people who will be affected, I will sell my entire stake in PhilWeb," he said in a statement to shareholders Wednesday. "I hereby announce that I have decided to conduct an open auction for all these shares as of today.
"This auction is open to every financially capable person or entity who wishes to submit a bid, and I will sell my shares to the highest bidder," he said.
"I had hoped that with my resignation, PAGCOR would be able to renew the contract, and thus save the thousands of people. Unfortunately, it was not to be, and PAGCOR has officially notified PhilWeb that its license will not be renewed and it must cease operations as of midnight tonight," he added. "You are just all innocent bystanders....the lightning bolt was meant for me alone."
Philweb president Dennis Valdes said that Philweb will not at this point lay off employees because it hopes for a fresh start by applying for a new intellectual property licence agreement with PAGCOR "within the next few weeks."
"Once we secure a new license from PAGCOR, we will restart PhilWeb, which will be very soon," Valdes assured shareholders.
However, he went on to qualify his assurance, saying:
"If there are sticky matters, it should drag on for quite a while. But I am hopeful that we will get restarted fairly quickly – a week or two. By that time, we believe that if were lucky we should be all done. We can ask the PSE to lift suspension," Valdes said, referring to the Philippines Stock Exchangesuspension of Philweb trading from August 10 to August 24 due to "material uncertainties."
Valdes said that if the company fails in its bid for a new contract the board of directors will have to decide on the way forward.
Ongpin interjected that he hoped that by distancing himself from the company it would make a new contract easier to achieve.
"I want to facilitate the renewal of PhilWebs license by stepping out of the way. The President, he doesnt like me. So I am exiting," Ongpin observed.
Valdes said PhilWeb will be foregoing P4.47 million in gross gaming revenue a day, once it stops the operations of its e-gaming outlets.
"I think were now averaging about P15 million a day in gross gaming revenue, so 29.8 percent of that is PhilWeb; while 40 percent of it goes to PAGCOR," he explained.
The cease of PhilWebs e-Games operation will mean P6 million foregone revenue a day for PAGCOR, Valdes added.
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
VLeague and Mojo Games partner up -
#Alisports B2B multi-gaming platform and social games provider Mojo Games has partnered with VLeague Internet Technology to provide online social games and poker tournaments to Asian sports giant Alibaba Sports Group (AliSports).
SBTech In SportsBook Deal With Winmasters -
#SBTech #Winmasters has already achieved significant market share in the Romanian regulated market and is now targeting a number of other EU countries with national regulatory regimes.
Life of Riches Slot Launching -
The company released a preview of its "Life of Riches" slot Friday, a 5 reel, 30 selectable pay-lines game with a theme featuring luxury cars, expensive yachts, private jets and a liberal sprinkling of glitterati.
Land Casino Bill Passes in Japan -
A bi-partisan side meeting of leading lawmakers led to Komeito Secretary General Yoshihisa Inoue agreeing that his party would not protest the vote in the House of Representatives Cabinet committee Friday afternoon.
easyPLAY Launches Online Slot Tournaments -
#easyPLAY Las Vegas land casino giant MGM Resorts is more effectively leveraging its on-premises mobile gaming services by expanding the availability of its easyPLAY online casino tournaments throughout the state of Nevada.
Jetsetter slot Pays 130 Bitcoin WIn -
#bitcoin Prague-based online slot developer Endorphina reports that its Jetsetter slot on the Bitcasino.io site has just delivered a major hit for an anonymous player.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.