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Philippine Amusement and Gaming CorporationPAGCORPhilippine Amusement and Gaming CorporationPAGCOR
PAGCOR Official website This decree amends earlier laws like PD 449 (Cockfighting Law) and PD 483 (Betting on Horse Races), broadening the definition of illegal gambling to include any form of betting not authorized by the government. Payout percentage, also known as return to player (RTP), is the percentage of money a casino game pays…