Indonesia orders banks to block over 31,000 accounts linked to online gambling<\/a>\r\n\t\t\t\t<\/p>\r\n\t\t\t<\/div>\r\n\t\t<\/div>\r\n\t","protected":false},"excerpt":{"rendered":"Final ruling reinforces statutory revenue-sharing obligations and clarifies remittance rules for state-run gaming operators.<\/p>\n","protected":false},"author":680,"featured_media":777027988,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The Philippine Supreme Court has issued a final and executory ruling, compelling state-run gaming operators PAGCOR and PCSO to fully comply with statutory revenue-sharing obligations to the Philippine Sports Commission. This decision, ending a decade-long dispute, mandates significant retrospective remittances based on gross income for PAGCOR and net proceeds for PCSO, potentially totaling PHP25bn (US$420m). The Court clarified remittance rules, rejecting arguments for prospective application and deductions, while allowing for a ten-year settlement period for arrears.","focusai_entities":"Philippine Supreme Court, Philippine Amusement and Gaming Corporation (PAGCOR), Philippine Charity Sweepstakes Office (PCSO), Philippine Sports Commission (PSC)","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (1.0), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Impact on PAGCOR's GGR?","query":"How will the retrospective application of the 5% gross income remittance requirement impact PAGCOR's reported GGR and NGR, and what are the implications for its operational expenditure and capital investment plans over the next decade?"},{"label":"Regulatory Precedent Set?","query":"What precedent does this final ruling set for the enforcement of statutory revenue-sharing obligations and governance frameworks for other state-owned enterprises within the iGaming and lottery sectors globally?"}],"footnotes":""},"categories":[24628,439,158,16333],"tags":[405,24428,24804],"class_list":["post-777036821","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-highlight-of-the-week","category-legal-news","category-slider-home","category-south-east-asia-news","tag-pagcor","tag-philippine-charity-sweepstakes-office","tag-the-philippines"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/680"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777036821"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036821\/revisions"}],"predecessor-version":[{"id":777036826,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036821\/revisions\/777036826"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777027988"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777036821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777036821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777036821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}