The Philippine securities regulator gives initial approval to the sale of Roberto Ongpin's holdings in eGames operator PhilWeb to Gregorio Araneta.
PhilWeb has sold its digital entertainment business in Germany in order to raise funds as the company awaits their license to operate in the Southeast Asia.
Philippine online gambling operators and licensing authorities still scrambling to clarify where they stand legally following recent changes.
PhilWeb eGame cafés will soon become operational again before the year ends as the Philippine president tries to rectify its mistake.
Rodrigo Duterte’s war on eGame cafés has proved costly for Philippine-based gaming technology provider PhilWeb Corp., latest data showed.
There’s only a bit of waiting left before embattled gaming technology provider PhilWeb can resume its operations, according to businessman Gregorio Araneta.
Gregorio Araneta is wooing the Philippines’ SEC to approve his PHP2.01B (US$41.56M) deal with the resigned PhilWeb chairman Roberto Ongpin.
Gregorio Araneta is taking over the beleaguered gaming technology provider PhilWeb Corp. like a knight in shining armor.
PhilWeb's proposal to launch a text-based mobile lottery platform is formally rejected by the Philippine Amusement and Gaming Corp.
Philippines-based gaming operator PhilWeb appoints Gregorio Ma Araneta III new chairman, as outgoing chair Roberto Ongpin preps share sale.