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“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.Democratic and Republican senators and legislators have called for an investigation into how the Illinois Lottery worked in regard to major prizes not being awarded for instant win games after a Chicago Tribune report that came out online Friday and in the newspaper Sunday.“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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An analogy that may help differentiate between “odds” and “RTP” and whether the practice was fair, is to imagine playing a slots game with a progressive jackpot that must trigger by a certain dollar amount.”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.Northstar Lottery Group became the first private firm in the United States to r...

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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.According to the report, the Tribune found that more than 40 percent of grand prizes, 23 jackpots in total, were not awarded in Illinois – a much higher incidence than other state lotteries have reported.Northstar Lottery Group became the first private firm in the United States to r...

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An analogy that may help differentiate between “odds” and “RTP” and whether the practice was fair, is to imagine playing a slots game with a progressive jackpot that must trigger by a certain dollar amount. The base game may return as low as 85% to players in smaller prizes, while the massive multi-million dollar progressive being awarded might bring the overall RTP up to 95%.Although the odds of winning on any ticket were the same for the first, last, and any unsold tickets – one game, The Good Life, should have seen 78 percent of revenue returned to players in prize money....

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At that time, due to no major prize winners, the return was only a little over 60 percent. 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.Northstar Lottery Group, majority owned by world lottery heavyweight IGT in association with Scientific Games Corp is being questioned about instant win games that didn’t deliver the promised return to player percentages (RTP) due to the games being pulled before enough tickeonline roulette game in india iajcts were sold to award major prizes....