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    Gambling Is The Wagering of Money or Something of Material Value (Referred To As "The Stakes") On An Event With An Uncertain Outcome With The

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    Kristel Yeen
    Gambling involves wagering money or valuables on events with uncertain outcomes in order to win more money or goods. There are different classes of gambling, including those that are absolutely prohibited like illegal lotteries and those that are regulated by law like horse racing. Philippine gambling laws outline punishments for illegal gambling activities prescribed in statutes like the Revised Penal Code and Presidential Decrees targeting specific forms of gambling like illegal numbers games.

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    Gambling Is The Wagering of Money or Something of Material Value (Referred To As "The Stakes") On An Event With An Uncertain Outcome With The

    Uploaded by

    Kristel Yeen
    190 views1 page
    Gambling involves wagering money or valuables on events with uncertain outcomes in order to win more money or goods. There are different classes of gambling, including those that are absolutely prohibited like illegal lotteries and those that are regulated by law like horse racing. Philippine gambling laws outline punishments for illegal gambling activities prescribed in statutes like the Revised Penal Code and Presidential Decrees targeting specific forms of gambling like illegal numbers games.

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    Gambling

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    Gambling involves wagering money or valuables on events with uncertain outcomes in order to win more money or goods. There are different classes of gambling, including those that are absolutely prohibited like illegal lotteries and those that are regulated by law like horse racing. Philippine gambling laws outline punishments for illegal gambling activities prescribed in statutes like the Revised Penal Code and Presidential Decrees targeting specific forms of gambling like illegal numbers games.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    190 views1 page

    Gambling Is The Wagering of Money or Something of Material Value (Referred To As "The Stakes") On An Event With An Uncertain Outcome With The

    Uploaded by

    Kristel Yeen
    Gambling involves wagering money or valuables on events with uncertain outcomes in order to win more money or goods. There are different classes of gambling, including those that are absolutely prohibited like illegal lotteries and those that are regulated by law like horse racing. Philippine gambling laws outline punishments for illegal gambling activities prescribed in statutes like the Revised Penal Code and Presidential Decrees targeting specific forms of gambling like illegal numbers games.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    Gambling is the wagering of money or something of material value (referred to as "the stakes") on an event with an uncertain outcome with

    the
    primary intent of winning additional money and/or material goods.
    Charge on harazard
    Lottering
    Maintainer To defend or hold against criticism or attack: maintained his stand on taxes
    Contractor , organization or individual that contracts with another organization or individual
    Banker , organization or individual that contracts with another organization or individual
    Totalizer computer that registers bets and divides the total amount bet among those who won
    Wager a. An agreement under which each bettor pledges a certain amount to the other depending on the outcome of an unsettledmatter.

    Price A value that will purchase a finite quantity, weight, or other measure of a good or service.
    As the consideration given in exchange for transfer of ownership, price forms the essential basis of commercial transactions.

    Topada to stub one's toeGullible
    Pagcor Philippine Amusement and Gaming Corporation (PAGCOR) is the Philippines 1st largest contributor of revenue after the Tax and
    Customs Authority.
    Class of gambling games
    a. Those who are absolutely prohibited Any person other than those referred to in the succeeding sub-sections who in any manner, shall directly
    or indirectly take part in any illegal or unauthorized activities or games of cockfighting, jueteng, jai alai or horse racing to include bookie
    operations and game fixing, numbers, bingo and other forms of lotteries; cara y cruz, pompiang and the like; 7-11 and any game using dice; black
    jack, lucky nine, poker and its derivatives, monte, baccarat, cuajao, pangguingue and other card games; paik que, high and low, mahjong, domino
    and other games using plastic tiles and the likes; slot machines, roulette, pinball and other mechanical contraptions and devices; dog racing, boat
    racing, car racing and other forms of races, basketball, boxing, volleyball, bowling, pingpong and other forms of individual or team contests to
    include game fixing, point shaving and other machinations; banking or percentage game, or any other game scheme, whether upon chance or
    skill, wherein wagers consisting of money, articles of value or representative of value are at stake or madeb. Those which are regulated by law
    acts punishable (gambling) gambling Philippine Gambling Laws such as Articles 195-199 of the Revised Penal Code (Forms of Gambling and
    Betting), R.A. 3063 (Horse racing Bookies), P.D. 449 (Cockfighting), P.D. 483 (Game Fixing), P.D. 510 (Slot Machines) in relation to Opinion
    Nos. 33 and 97 of the Ministry of Justice, P.D. 1306 (Jai-Alai Bookies) and other City and Municipal Ordinances or gambling all over the country
    prescribe penalties which are inadequate to discourage or stamp out this pernicious activities;

    5 lawys against
    REPUBLIC ACT NO. 9287

    AN ACT INCREASING THE PENALTIES FOR ILLEGAL NUMBERS GAMES, AMENDING CERTAIN PROVISIONS OF PRESIDENTIAL
    DECREE NO. 1602, AND FOR OTHER PURPOSES.
    PRESIDENTIAL DECREE No. 1602
    PRESCRIBING STIFFER PENALTIES ON ILLEGAL GAMBLING

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