Tag Archives: PhilWeb
- PAGCOR: PhilWeb may reopen but with one major condition
June 15, 2017
State-run Philippine Amusement and Gaming Corporation (PAGCOR) may allow Philippine-listed gaming technology provider PhilWeb Corp. to go back to business on one condition – it should change its operations. In an interview aired over ANC’s Headstart, PAGCOR chair Andrea Domingo said PhilWeb chairman Gregorio Araneta III had approached her twice...
- Philippines’ eGames cafe war dents PhilWeb’s 2016 net income by 134%
April 17, 2017
Investors in Philippine-based gaming technology provider PhilWeb are seeing the aftermath of Philippine president Rodrigo Duterte’s war on eGames cafes now that the dust has finally settled. In a disclosure to the Philippines Stock Exchange on Monday, PhilWeb announced in its annual report that its net income plunged 134.2 percent...
- PhilWeb acquires more PAGCOR eGames parlors
April 4, 2017
The appetite of Philippine-based gaming technology provider PhilWeb Corporation for eGames parlors is now insatiable. In a disclosure to the Philippine Stock Exchange, PhilWeb announced that it has again acquired a Philippine Amusement and Gaming Corp e-Games site through its unit, BigGame Inc. PhilWeb said that it now owns the...
- PhilWeb targets 15 PAGCOR eGames parlors
March 9, 2017
Philippine-based gaming technology provider PhilWeb Corp. is set to acquire 15 eGames parlors, which form part of the Philippine Amusement and Gaming Corporation (PAGCOR) network. In a filing to the Philippine Stock Exchange, PhilWeb said that its board has given the go-signal to buy the stations despite its talks with...
- Philippine regulator approves PhilWeb founder’s share sale
January 7, 2017
Philippine securities regulators have approved the sale of gaming technology provider PhilWeb but it remains to be seen whether the business has a future in the country. On Friday, PhilWeb informed the Philippine Stock Exchange that the Philippine Securities and Exchange Commission (SEC) had given its initial approval of businessman...
- PhilWeb sells German asset to raise funds
January 3, 2017
Philippine-based gaming technology provider PhilWeb Corp. has sold its digital entertainment business in Germany in order to raise funds as the company awaits a license to once again operate in the Southeast Asian nation. In a disclosure to the Philippine Stock Exchange on Tuesday, PhilWeb announced that it has sold...
Okada Manila eyes Philippine backdoor listing
May 2, 2017
PAGCOR eyes Cebu as Philippines’ next gambling hub
March 21, 2017