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MANILA, Philippines – Casino Plus had secured a P1-billion surety bond from PhilFirst Insurance to strengthen player protection and financial safeguards amid mounting economic pressures on Filipino households.
The online gaming operator on Monday said the surety bond strengthens its ability to protect player funds and ensures compliance with the regulatory framework of the Philippine Amusement and Gaming Corporation.
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Unlike promotional assurances, a surety bond serves as a financial backstop if covered obligations are unmet, subject to its terms and conditions.
