Category Archives for "Free Pokies Aristocrat"

PAGCOR Corruption Allegations Rumored in Philippines, as Pastor Boy Saycon Strikes Once More

PAGCOR Corruption Allegations Rumored in Philippines, as Pastor Boy Saycon Strikes Once More

PAGCOR, the Philippines Amusement and Gaming Corporation, is being accused of corruption after Pastor Boy Saycon turned over evidence to the country’s Department of Justice.

If Philippines President Rodrigo Duterte is convinced former PAGCOR officials engaged in graft, he’ll likely pursue the ousted gaming officials to your extent that is fullest for the legislation ( or even a bit more).

Saycon is no ordained leader that is religious but the secretary-general of the Council of Philippine Affairs. He is reportedly supplied documents to Justice Secretary Vitaliano Aguirre that shows PAGCOR participating in bribery as well as other illegal practices. The allegations stem from before President Rodrigo Duterte took office.

Though Aguirre let media outlets in the Southeast Asian nation understand he certainly had been delivered documents detailing potential illicit activity, he declined to name names in the report or expand on the possible crimes. ‘I will nevertheless need to learn the documents,’ Aguirre explained.

However, based on the Philippine Daily Inquirer, high-level officials in the previous administration failed to precisely disclose contributions and expenditures.

PAGCOR is a federal agency that is underneath the president’s oversight. Upon taking control of the united states in July, Duterte replaced the board that is five-member his own appointees.

Duterte Duty

PAGCOR operate Continue reading

Japan Looks to Curb Its Pachinko Problem. As the Japanese Diet prepares a framework of regulation which will pave the way for the country’s first casinos

Japan Looks to Curb Its Pachinko Problem. As the Japanese Diet prepares a framework of regulation which will pave the way for the country’s first casinos politicians are also switching their focus on a gambling that is existing long too neglected by regulators.

Japan pachinko parlors mainly escape strict regulatory controls because they are legally classed as ‘amusements.’ Which may be going to change as the government paves the way for its destination that is new casino. (Image: flickr)

The nation’s colorful, noisy pachinko parlors line the roads of nearly every town and city in Japan.

Technically, these pinball-slot hybrids skirt the fringes of legality but are accepted since they don’t shell out money directly.

Instead, players trade captured balls for prizes, or for tokens that will be exchanged for money somewhere else.

Pachinko is therefore legally classified as an ‘amusement,’ like a fairground attraction, which means the sector has largely escaped regulation put on Japan’s other gambling pastimes, such as betting on horse, boat, bike and motorcycle racing.

Japan Market Does $209 Billion in 2015

The pachinko market has really been shrinking during the last years that are few it remains huge. Japanese spent $209 billion at pachinko parlors in 2015. That is about 4 percent of the country’s GDP.

A 2014 study discovered that 5.36 million Japanese, or 4.8 percent of the adult population, may be problem or pathological gamblers. Those rates are alarmingly high in compa Continue reading

Carl Icahn Cited in Billy Walters Trial as Prosecution Pushes for Submission of New Evidence

Carl Icahn Cited in Billy Walters Trial as Prosecution Pushes for Submission of New Evidence

As the insider trading trial of Las Vegas gambler Billy Walters swung into its week that is second on, Carl Icahn’s name ended up being once again dragged into proceedings.

Presidential adviser Carl Icahn title has again been brought up in the Billy Walters case. Federal prosecutors want to introduce proof that Walters spoke to his friend, Icahn, just before he bought shares in Clorox in 2011.

Icahn, the billionaire investor that is activist owner of the Tropicana Casino and two shuttered former Trump gambling enterprises in Atlantic City, and unpaid adviser to your President associated with United States, is a buddy of Walters’.

This really is the insider trading case that is biggest in years. Walters is accused of creating $43 million from illegal stock market trades on the Dallas-based dairy producer Dean Foods. Former Dean Foods president, Tom Davis is accused of feeding privileged information to Walters over a period that is seven-year.

Davis is testifying against his former friend as an ingredient of the plea bargain with federal prosecutors after admitting charges including securities fraud and wire fraudulence.

It’s also alleged that Walters shared insider information, acquired from Davis, with his friends, including the golfer Phil Mickelson, whoever attorneys have actually said would ‘take the fifth’ if he were called as witness.

Questions Around Clorox and Apple Inventory

Neit Continue reading