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PhilWeb Corp. back in operation
After being forced to shut down when its license expired in August of last year, PhilWeb Corp. is now back in action. The company was given the go-ahead to become a service provider after being reinstated by th...
Philweb ready to acquire 15 e-Game cafes from Pagcor
According to a Wednesday filing with the Philippines Stock Exchange, Philweb Corp. (PSE:WEB) is looking to acquire 15 e-Games cafes from the Philippine Amusement and Gaming Corp. (PAGCOR) by tendering 7.5 mill...
Share sale of PhilWeb founder approved by Philippine regulators
Philippine operator of online casino games at land-based digital terminals, PhilWeb, was given an official approval by the Philippine Securities and Exchange Commission (PSEC) to sell 53.76% of its shares to ne...
PhilWeb to ‘compete’ for eGames license, process expedited
PhilWeb Corp., the software provider to 268 eGames internet cafes in the Philippines, filed a report with the stock exchange there, published today noting that the Philippine Amusement and Gaming Corp (Pagcor) ...
Pagcor to control all online gambling licenses, clarifies Duterte ‘closures’
Yesterday, the Philippine Amusement and Gaming Corp. (Pagcor) walked back a statement from the country's president that indicated all online gaming operators would be put out of business with no exceptions. And...
Filipinos may get local e-gaming cafes back
After putting PhilWeb, a top gaming technology provider based in the Philippines, through the ringer, the country has finally decided to stop a war against iGambling. The government has fought the industry for ...
PAGCOR confirms that 76 operators have applied for offshore gaming licenses
The Philippine Amusement and Gaming Corp (Pagcor) announced in September that it would be awarding offshore gaming licenses to allow operators to offer online casino games and sports betting services in the cou...
New chairman for PhilWeb, Ongpin prepares sale of shares
PhilWeb, a gaming operator based in the Philippines, is currently in the process of seeing their former chairman divest his holdings within the company while a new chairman is taking over. Roberto Ongpin is the...
Ongpin renews auction of his PhilWeb shares
Plans have been revived by Roberto Ongpin in his efforts to use his shares of the PhilWeb Corporation to try and help the company after the Philippine amusement and Gaming Corporation rejected or seemingly igno...
Analyst doesn’t see Duterte’s heavy hand as a negative for Philippine resort casinos
The end result of president Duterte's crackdown on gambling in the country might not be a concern for the integrated resort casinos in Manila and Entertainment City. A recent report in GGRAsia quotes CLSA Ltd ...
Philippines Finance Secretary says government wants Pagcor out of the casino business
It is the opinion of the Philippine Department of Finance (DOF) that the country’s gaming regulator, Philippine Amusement and Gaming Corporation (PAGCOR), should operate only in a regulatory capacity and allow ...
Ongpin makes last ditch effort made to save Philweb
A final effort has been made by Roberto Ongpin to save the employees of Philweb Corp., a Philippine company that just recently received the news that they will not be seeing thA final effort has been made by Ro...
PAGCOR now looking into CEZA-licensed online operators
The online gambling woes continue in the Philippines as operators may not be safe from the efforts to ban the activity by President Rodrigo Duterte. Yesterday, the Philippine Amusement and Gaming Corp (PAGCOR) ...
Thousands of jobs lost if PhilWeb license pulled: Updated — license will not be renewed
This just in: Bloomberg reports that Pagcor will not renew Philweb's license. “We won’t cancel it but we won’t renew it,” Philippine Amusement and Gaming Corp. Chief Executive Officer Andrea Domingo told the me...
PhilWeb granted interim one month online license; Stocks continue to fall
Philippines state gambling regulator PAGCOR, has allowed a month to month license renewal for online gaming operator PhilWeb. Share prices for the Realtime Gaming Asia (RTG) e-gaming station provider were down ...