Related News for Philippines

SEARCH FOR UNITY IN PHILIPPINES ONLINE GAMBLING

23rd March, 2017 at 09:52:25
CEZA Administrator Jose Mari Ponce suggests a meeting on fees and taxes with Pagcor and the Aurora Pacific Economic Zone.

Speaking at the ASEAN conference earlier this week, the Administrator of the Cagayan Economic Zone Authority online gambling licensing organisation, Jose Mari Ponce, suggested that a meeting by officials of the Philippine Amusement and Gaming Corporation, the Aurora Pacific Economic Zone and CEZA could help to develop harmony in licensing fees and regulations in order to address the presently confusing situation from the online casino operator perspective.

Full Story: Search For Unity In Philippines Online Gambling »

PAGCOR SET TO ISSUE MORE POGO LICENSES?

22nd March, 2017 at 07:30:45
Chief exec says personnel and systems are now ready for expansion.

The chief executive of the Philippines Gaming and Amusement Corp, Andrea Domingo, told delegates at the ASEAN conference this week that the regulator is planning to expand its offshore online gambling licensing program.

Full Story: Pagcor Set To Issue More Pogo Licenses? »

PHILWEB TO ACQUIRE 15 PAGCOR ONLINE OPERATIONS

10th March, 2017 at 10:19:28
Consideration of 7.5 million shares agreed.

Struggling Philippines online gambling group Philweb has announced that it has signed an agreement with Philippine Amusement and Gaming Corp. (Pagcor) to acquire 15 online operations for a consideration of 7.5 million Philweb shares.

Full Story: Philweb To Acquire 15 Pagcor Online Operations »

CEZA REITERATES ITS DENIAL THAT IT AUTHORISED JACK LAM ONLINE GAMBLING OPERATIONS

10th March, 2017 at 10:19:28
Authority issues statement responding to Pagcor allegations.

The online gambling feuding in the Philippines continued this week as the Senate wound up its extensive enquiry into the online gambling affairs of Macau mogul Jack Lam, and the Philippine Amusement and Gaming Corporation (Pagcor) alleged that "the government has been losing at least P6 billion annually from unregulated online gaming franchises granted by CEZA such as the shuttered operations of fugitive Jack Lam."

Full Story: Ceza Reiterates Its Denial That It Authorised Jack Lam Online Gambling Operations »

PHILIPPINES SENATE ENQUIRY CONCLUDES (Update)

10th March, 2017 at 10:19:28
Senior Immigration duo come in for criticism, but other parties accused of improper conduct appear to escape largely unscathed.

Thursday saw the conclusion of the extensive Philippines Senate enquiry into the Jack Lam affair, in which members of the panel had to sift through a morass of bribery and corruption accusations and counter-accusations against senior government figures, foreign operator and gambling mogul Jack Lam and a so-called "facilitator" of an alleged P50 million bribery scandal, along with evidence from an extensive list of witnesses (see previous reports).

Full Story: Philippines Senate Enquiry Concludes (update) »

DEDICATED ONLINE GAMBLING REGULATOR FOR THE PHILIPPINES?

09th March, 2017 at 08:36:08
Senator broaches the idea at hearing into online gambling corruption.

Media reports from the Philippines report that a local Senator has suggested a bold new move to improve the control of online gambling.

Full Story: Dedicated Online Gambling Regulator For The Philippines? »

PHILIPPINES POLICE DETAIN MORE CHINESE ONLINE GAMBLING EMPLOYEES

28th February, 2017 at 11:29:05
15 Chinese nationals arrested in Pasig.

The presidentially-driven initiative against illegal online gambling operators in the Philippines continued Monday with the arrest in a police raid in Pasig of 15 Chinese and one Filipino national.

Full Story: Philippines Police Detain More Chinese Online Gambling Employees »

SOMBERO GIVES EVIDENCE BEFORE PHILIPPINES SENATE COMMITTEE

16th February, 2017 at 06:54:37
Bribery scandal pushed online gambling in the region to the brink of extinction, "facilitator" claims.

Online gambling facilitator and central figure in the Philippines bribery scandal, Wally Sombero, has given evidence before a Senate committee following his return to the Philippines this week (see previous reports).

Full Story: Sombero Gives Evidence Before Philippines Senate Committee »

ONLINE GAMBLING 'FACILITATOR' RETURNS TO THE PHILIPPINES

15th February, 2017 at 07:54:38
Wally Sombero denies attempting to bribe Justice Secretary.

Wally Sombero, the former police officer and alleged "facilitator" for online gambling mogul Jack Lam, returned to the Philippines this week after apparently reaching a deal that will keep him out of jail on allegations that he attempted to bribe senior immigration officials and even the country's Justice Secretary, Vitaliano Aguirre (see previous reports).

Full Story: Online Gambling 'facilitator' Returns To The Philippines »

DUTERTE TURNS HIS EYE TO ILLEGAL GAMBLING

10th February, 2017 at 09:06:44
Issues executive order directing the eradication of illegal operators.

Philippine president Rodrigo Duterte is focusing on eradicating illegal gambling, signing an executive order that directs law and regulatory agencies to collaborate in ridding the country of unlicensed operators.

Full Story: Duterte Turns His Eye To Illegal Gambling »

PLAYTECH OPEN LIVE CASINO STUDIO IN RIGA

01st February, 2017 at 12:34:24
8,500 square meters to cater for existing and future demand.

Due to a "huge surge in client demand", Playtech has announced the opening of a new live casino studio in Riga, Latvia.

Full Story: Playtech Open Live Casino Studio In Riga »

PAGCOR REPORTS STRONG PERFORMANCE IN FY 2016

26th January, 2017 at 09:36:38
Amidst the disruption caused by presidential clampdowns on online gambling, regulator remains optimistic.

With Philippines president Rodrigo Duterte's clampdown on illegal gambling now in full swing in the Philippines, the national regulator Philippine Amusement and Gaming Corp. (Pagcor) released its FY 2016 performance figures this week, reporting that GGR from its licensing, fees and other activities rose 17 percent to P55 billion (US$1.1 billion).

Full Story: Pagcor Reports Strong Performance In Fy 2016 »

ONLINE GAMBLING TYCOON FACES BIG PHILIPPINES BILL (Update)

23rd January, 2017 at 17:54:54
Pagcor claims Jack Lam owes P13.9 billion.

It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him (see previous reports).

Full Story: Online Gambling Tycoon Faces Big Philippines Bill (update) »

$586 MILLION A.M.L. PENALTY FOR WESTERN UNION

20th January, 2017 at 09:00:27
Settlement reached on allegations of failing to comply with anti-money laundering laws.

Following a year-long multi-federal agency investigation and much argument, money services provider Western Union in Florida has reached a $596 million settlement with the local US Attorney's Office in respect of suspected online gambling and other questionable transactions using its services to move payments to several countries, including Vietnam, Panama, Costa Rica, the Philippines and Nicaragua.

Full Story: $586 Million A.m.l. Penalty For Western Union »

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES

20th January, 2017 at 09:00:27
Uncertainties created by Duterte disturbances.

The recent outbursts against online gambling by Philippines president Rodrigo Duterte (see previous reports) have done much to engender a feeling of insecurity and uncertainty among online operators licensed in the region, including those regulated through the Cagayan Economic Zone Authority (CEZA).

Full Story: Cagayan Chief Moves To Reassure Licensees »



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