Wednesday, December 29, 2010

GAMBLING IN THE PHILIPPINES

Gambling is the wagering of money or other valuables on the outcome of a game or other event. Gambling has been known throughout recorded history. The games most closely associated with gambling usually involved a heavy element of chance. Whereas POKER, for instance, requires skill to play well, the outcome of the game is determined primarily by the distribution of the cards. Many casino games, such us ROULETTE and craps, are dedicated solely by chance. Betting on the outcome of sporting events especially on LOTTERY is perhaps the most wide spread legal form of gambling, and in many countries like here in the Philippines. some wagering is sponsored by the government. The Philippine Amusement and Gaming Corporation (PAGCOR) is the Philippines second largest contributor of revenue after the Tax Authority. There are quite a few advantages to gambling in the Philippines. First of all, the Philippines is a highly-regulated jurisdiction and the casinos are owned/operated and/or regulated by the National government. You can count on fair play. Also, as the cost of doing business in the Philippines is relatively low, a wider variety of stakes can be offered High stakes betting is widely available at the VIP clubs/rooms all over the country. Lastly, the Philippines is a beautiful country to visit and is English-speaking. All the games are in English and all the dealers speak English fluently. Great games and a great vacation await. Online gambling has been legal in the Philippines 10 years ago. It was in that year that the Philippine Amusement and Gaming Corporation (PAGCOR) became the sole operator of gambling in the Asian country.
Pagcor operates online casinos, bingo, and sports betting sites as well as land based establishments.
The church has its say while the companies, and others too, argue over who has the right to issue licenses and with what government permission, it is a critic from outside the industry that has drawn most attention. Archbishop Oscar Cruz has faced libel charges after 20 female employees at Pacgor complained against him. It was back in Arroyo’s administration at First gentleman’s birthday party that Archbishop Cruz made his notorious comments. He called the women "pitiful GROs," a reference to guest relations officers. The women demanded an apology from Archbishop Cruz, who so happens to be the head of the People’s Crusade against Gambling. No apologies in his defense, the Archbishop said he was actually trying to defend the women, a line of defense he will be able to clarify when he will be arraigned in court. Today, as throughout history, gambling is not confined to any economic stratum. Compulsive gambling is recognized as a sickness, and such organizations as Gamblers Anonymous exist for the purpose of providing help.
jansen venturina

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