S.A.G.E. LOSES APPEAL IN PAGCOR CASE
2 May 2008
Cancellation of contract to operate online casinos
at the heart of dispute
A dispute over the cancellation of a contract for the
operation of online casinos by the Internet company
Sports and Games Entertainment Corporation (SAGE) saw
finality in the Philippines Court of Appeals this week.
SAGE had petitioned the court for monetary compensation
from the Philippine Amusement and Gaming Corporation (PAGCOR)
for cancelling its contract to operate online casinos.
In a nine-page decision written by Associate Justice
Arcangelita Romilla-Lontok, the Court stated that it had
dismissed SAGE’s claim because the verification and
certification as to non-forum shopping attached to the
complaint had been falsified.
The State-run gaming corporation also pointed out that
Patrick Deakin, the former Chief Operating Officer for
SAGE, had disowned a signature on the verification and
certification form and asserted the same as falsified.
PAGCOR abandoned the deal that allowed SAGE to operate
online casinos after the Supreme Court declared its
authority to operate Internet sportsbetting and gaming
sites null and void. However, SAGE claimed that it had
incurred more than $4.4 million in establishing its
online casino system and sought compensation.
The Court stated that, without the signature of Deakin
on the complaint being filed, SAGE could not as an
entity perform the act of signing itself and, therefore,
the grievance was not sufficient or credible and
warranted dismissal.
Online Casino News courtesy of
InfoPowa
More news here.
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