With POGO scandals continuing to grab headlines, the Philippines top office and top regulator are both considering their options.
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The Story
The Philippine Amusement and Gaming Corporation (PAGCOR) is warning that they are willing to close down Philippine Offshore Gaming Operators (POGOs) if issues such as unpaid taxes, illegal labor practices, and an increase in criminal activity are not resolved quickly. PAGCOR Assistant Vice President Jose Tria, Jr., the head of POGO licensing, made it clear that the gaming regulator wasn’t fooling around. Similarly, Presidential spokesperson Salvador Panelo clarified that President Duterte is considering shutting down POGO operations entirely if irregularities continue to escalate. Panelo explained that the president had previously suspended lottery operations when there were questions about anomalies, so he is not averse to the idea of suspending POGO operations immediately. Several lawmakers are not convinced however and have demanded to launch investigations amid concerns of human trafficking and money laundering done through these operations.
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Smart contracts and tokens can help any business do better on Bitcoin SV, but Belding explained the specifics for the gambling industry.
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BCH’s Infrastructure Funding Proposal (IFP), aka mining tax, appears to be dead after one of its main supporters announced he would now vote against the idea. The proposal was due to face a hashpower vote at the next BCH protocol upgrade in May 2020.
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Players in the exclusive CasinoBeats Malta 2020 poker tournament hosted by Molly Bloom will have the chance to win €10,000 for a charity of their company’s choice, thanks to Great.com. CasinoBeats Malta will see more than 1,500 high-level delegates meet in St Julian’s this March for a conference and exhibition featuring 150 internationally-renowned speakers from the online casino sector. It will close on a high with Molly’s Malta Game in association with OlyBet, a 100-seat poker invitational for industry executives at Casino Malta on the evening of 26 March.
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