Supreme Court Agains Gambling Franchisee
Published: Friday, March 04, 2005 Online-Casinos.com
SAGE HOPES DASHED
Supreme Court rules agains online gambling franchisee
The last hope for Sports Games and Entertainment Corporation (SAGE) to hold on to its Phillipines web gambling franchise ended this week when the Supreme Court "...affirmed with finality" its ruling that voided the franchise for online gambling that was given to SAGE by the Philippine Amusement and Gaming Corp.
The high tribunal denied the motion for reconsideration filed by the SAGE on grounds that it did not present substantial arguments to warrant the reversal of its earlier decision.
In its earlier January 2004 decision, the high court said PAGCor acted beyond the limits of its authority when it permitted SAGE to operate sports betting and Internet gaming stations in the Phillipines.
