After seeing how much money the gambling industry has contributed to the Philippine economy, President Rodrigo Duterte urged PAGCOR to do more to boost its revenue.
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The Story
In his recent State of the Nation Address, Philippine President Rodrigo Duterte praised the contributions of the state-run Philippine Amusement and Gaming Corporation (PAGCOR) in the government coffers. PAGCOR ranked highest among all government owned and controlled corporations at P16.2b. In his speech, Duterte urged PAGCOR chairperson Andrea Domingo to “push gambling some more.” The firebrand President’s latest stance on gambling is a stark contrast to what he publicly said on the subject since he took office in mid-2016 when he attacked local online gambling operators.
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CalvinAyre.com’s Becky Liggero talked with lobbyist Bill Pascrell III who retraced the long process that led to the reversal of the Professional and Amateur Sports Protection Act in 2018.
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CalvinAyre.com’s Rafi Farber said the prospects for Bitcoin SV’s (BSV) long-term value depend on it becoming a bona fide money, which requires for an objective use-value outside of its value in exchange.
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After bidding $4.57m to win a lunch with American billionaire Warren Buffett, Justin Sun said he had to postpone his lunch date with the American billionaire due to “health reasons.”
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Atemi has announced the purchase of casino affiliate 5 Star Traffic, strengthening its position as the leading gaming affiliate in the U.K.
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Congratulations to Conor Beresford for winning the Sunday Million! Beresford also made the final table of the $10,300 buy-in, $5m GTD MILLIONS Vegas, finishing sixth for $170,000, before running deep in the WSOP Main Event, finishing 710th. |
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From a small seed a mighty trunk may grow.
