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For the price of a ticket, two random players were promised a chance to win ,000 per year for 30 years, or million each.”Justice Secretary Vitaliano Aguirre II has reportedly clarified that the president was referring to the Cagayan Economic Zone Authority (CEZA), the regulator that actually licensed Asian-facing online casinos there in the past, prior to Pagcor’s take-over of the revenue stream. – part of the Bases Conversion and Development Authority....

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In that scenario, a small percentage of every bet goes to feed the progressive jackpot. The game was pulled after only about 15 percent of tickets had been sold. At that time, due to no major prize winners, the return was only a little over 60 percent....

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s had nothing to fear, and that he would soon have an executive order from the president appointing Aguirre as the head of a new online task force and defining the agency’s power and authority.A PhilWeb Corp. Those prizes were never awarded....

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If that game were pulled before the progressive jackpot was won, players who had contributed to the rising big prize may feel they didn’t get their money’s worth.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 i online casino real money wvn the entire country.“We wish to assure the President that his policy of not registering online gaming or online gambling in PEZA will not change 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....

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For the price of a ticket, two random players were promised a chance to win ,000 per year for 30 years, or million each.“The one who gets appointed to PEZA (Philippine Economic Zone Authority), he gets about P300 billion (about USb) selling the umbrella-type of license,” the President said. Plaza pointed out that Lam was not operating in a zone administered by Peza, but in the Clark Freeport Zone, which is administered by Clark Development Corp....