The Philippines’ Government Service Insurance System (GSIS) has been called out by a Senator for allegedly investing over PHP1 billion in the Philippine’s largest online gambling platform DigiPlus.
The post PH Senator calls out gov’t insurance system for purchase of online gaming company shares first appeared on Asia Gaming News | AGB – Asia Gaming Brief.
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PAGCOR is a 100 percent government-owned and controlled corporation under the Office of the President of the Republic of the Philippines.
The state-owned gaming firm was created during the Martial Law years by virtue of a Presidential Decree (PD) 1067-A issued by then President Ferdinand Marcos in response to calls for the Philippine government to put a stop to the growing proliferation of illegal casino operations in various parts of the country.
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