Tag Archives: E-Games
- PhilWeb reports drop in profits in Q2 2014; Guam operation closes; vice chairman leaves his post
July 23, 2014
Philippine gaming operator PhilWeb Corp announced a drop in profit during the second quarter of the year (April to June 2014), a result blamed on higher interest rate. PhilWeb reported to the Philippine Stock Exchange that it had come away with a net income of Php431.5 million, or about $9.97...
- LWRC finalizing acquisition of Digiwave Solutions
July 15, 2014
Leisure and Resorts World Corp (LRWC) has finalized its acquisition of Digiwave Solutions Inc., the biggest operator of the Philippine Amusement and Gaming Corporation’s (PAGCOR) e-Games outlets in the Philippines. Speaking to InterAksyon.com, LWRC head of investor relations Freddie Reyes said the company is currently in talks with three banks...
- QC lawmakers bent on shutting down betting shops
September 17, 2013
The Philippines' former capital, Quezon City, has a proliferation of electronic gaming shops that run through IT servers provided by local gaming company PhilWeb. But the rising popularity of these shops has led to frustration from the city council, which is determined to regulate the growth of these shops and...
- IP E-Games raising funds for business expansion in the Philippines
July 26, 2012
Video game publisher IP E-Games Ventures Inc. is building up on its plans to expand its portfolio and is considering the route of putting a private placement to a strategic or institutional investor in order to fund its new businesses. Chief among these plans is the building of a new casino...
- IP E-Games looking to build casino at the Cagayan Special Economic Zone and Freeport
June 29, 2012
While the eyes of the gambling world are firmly fixated on Pagcor's Entertainment City project in the Philippines, another casino site in the country is expected to get its own infusion of gambling options. Video game publisher IP E-Games Ventures Inc has bought a Php 70-million property in the Cagayan...
Okada Manila eyes Philippine backdoor listing
May 2, 2017