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Philippines iGaming industry facing potential tax shake-up
In the Philippines and a proposal is reportedly making its way through the legislative process that could soon oblige all locally-licensed iGaming operators to pay up to a 5% tax on their gross gaming revenues.
According to a report from the news website at Rappler.com, House Bill 5777 was passed by the Philippines House of Representatives via a 198 to 13 margin on Monday and is soon set to be put before the Philippines Senate. The source detailed that the legislation will now become law if it can survive three readings by this 24-member body and subsequently receive the signature of President Rodrigo Duterte.
International income:
Should this measure become the law of the land and the domain reported that iGaming firms with a Philippine Offshore Gamin…
Read MorePhilippines regulator issues pair of new iGaming licenses
The state-run Philippine Amusement and Gaming Corporation (PAGCor) regulator has reportedly issued licenses to a pair of online gaming operators less than a week after implementing a temporary freeze on the processing of new certifications.
According to a report, the move was announced by a senior official with the regulator’s licensing department, Victor Padilla, during a Friday meeting of the House of Representatives’ Appropriations Committee and means that PAGCor has now handed out some 60 Philippine Offshore Gaming Operator (POGO) certifications although only 48 of these are known to be active.
Backlog bequeaths:
After detailing the interim halt on Tuesday, PAGCor purportedly explained that there were a trio firms who were still waiting…
Read MorePariplay Limited premieres Chitty Bang video slot
Online casino games and systems innovator Pariplay Limited has announced that its portfolio of over 100 video slots is now even larger following the launch of its new Chitty Bang title.
Isle of Man-registered Pariplay Limited stated that the new HTML5-friendly game was developed in-house and comes complete with three and six-row reels for a possible 972 winning combinations. It declared that the video slot additionally offers a trio of main bonuses encompassing the reel re-spin, juicy wild symbol and scatter free spins features while the title’s mystery mega symbol pays out lucrative wins every time it appears.
Certified by regulators in Malta, the Isle of Man and the United Kingdom, Pariplay Limited explained that its mobile-friendly Chitty Bang boasts a 96% return-to-pla…
Read MorePhilippines- Pagcor to issue online gambling permits with six months initial validity
Pagcor, the Philippine Amusement and Gaming Corporation who owns and operates casinos and delegates land based casino licenses in the most populated areas of the country, may be getting into the online gambling business by offering licenses to outward facing operators. There are already as many as 75-100 online casinos operating under license from other gambling jurisdiction in the Philippines; namely North Cagayan Gaming and Amusement Corporation (North Cagayan) and First Cagayan Leisure and Resort Corporation (First Cagayan).
Philippine President Rodrigo Duterte who took office in 2016 has taken a new and potentially damaging approach the gambling industry there. The President who launched a massive crackdown on drug trafficking has also turned his attention to the gambling…
Read MorePragmatic Play expands presence in Latin American region via new content agreement with Colombian operator Zamba
Mobile-focused gaming content developer Pragmatic Play has further expanded its Latin American footprint courtesy of a new collaboration with Colombian operator Zamba.
The recently agreed-to partnership deal will see the provider’s entire collection of slots, including the latest release Wild Walker, along with the multi-award-winning title, Wolf Gold, and the fan-favorite John Hunter series, made available to the online operator’s players.
“Growing our offering is vital to keep growing our customer base and Pragmatic Play has incredible diversity in its slot portfolio.”
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Pragmatic Play Limited gets jolly with Triple Jokers release
Less than two weeks after launching its Pirates Gold video slot and Maltese online casino games developer, Pragmatic Play Limited, has now returned with its new three-row and five-payline Triple Jokers innovation.
Customary characters:
Headquartered in the Valetta suburb of Sliema, the firm used an official press release to detail that its latest video slot comes complete with classic symbols such as shamrocks, lucky sevens and diamonds adorning its three reels while a colorful joker icon serves as the game’s wild during re-spins.
Productive period:
Pragmatic recently inked deals to make a selection of its games available to players via the online casinos at Interwetten.com and 1XBet.co…
Read MorePragmatic Play inks supply deal with Paf
Online casino games developer, Pragmatic Play Limited, has entered into a partnership agreement with Finnish online casino operator Paf(Ålands Penningautomatförening).
According to the official press release…
The new deal will see the Åland-based online gaming operator host the entire content of the developer’s portfolio to include the popular new video slots Peking Luck, Da Vinci’s Treasure and the award-winning Wolf Gold.
High-quality games:
Commenting on the new partnership, Chief Commercial Officer for Pragmatic Play, Melissa Summerfield said…
“We a…
Read MoreR Franco Digital joins forces with Gaming1 for global expansion
The R Franco Digital online casino games and technology subsidiary of Spanish gaming machines giant Recreativos Franco has announced the signing of a deal that is to see a selection of its in-house titles integrated onto sites operated by Gaming1.
The Madrid-headquartered innovator used an official Tuesday press release published by European Gaming Media and Events to detail that its latest partner is responsible for more than 20 online gaming brands aimed at jurisdictions as diverse as Peru and Serbia. It stated that the new agreement will involve these domains integrating its own ‘extensive catalog of hit games’ including the five-reel Fortune Jungle, Magic Jewels and Time Lab video slots as well as its award-winning Iris iGaming platform.
Expanding entertainme…
Read MoreRed Rake Gaming launches new star-studded Super 15 Stars online slot game
Red Rake Gaming has launched a brand-new video slot this month titled Super 15 Stars, a much-anticipated release for fans of the Super series. This 5×3 game has all the features of the Super series and includes an extra with the Stars Fusion Minigame, which only adds to the excitement during reel spinning.
New Minigame:
With this Super series addition, the developer decided to add the Stars Fusion Minigame. The minigame will start when the progress bar located on the side of the screen is full. Once filled up, it gives players a chance to win more by combining Super 15 symbols to create larger icons.
In Super 15 Stars, the game includes favorite features from other Super series titles. The Super 12 symbol<…
Read MoreRomeo & Juliet slot by Blueprint Gaming goes live
Top game studio Blueprint Gaming has revealed their latest video slot release with the launch of Romeo & Juliet. The new online slot game is one based on the classic tale by William Shakespeare, featuring the star-crossed lovers in stunning graphics and bright colors.
The new game was created with a 5×3 grid, featuring bonus rounds and modifiers. During each spin, players have the ability to activate a romance modifier, including the Lovers Super Spin and Romeo Wilds. During these modifiers, players have the chance to win a big prize!
There are three bonuses in the game, offering further potential for big wins. The bonus rounds include: Star-Crossed Lovers Free Spins, Juliet’s Wheel of Fortune and Romeo’s Mystery. The bonuses can be activated by collecting three…
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