PhilWeb Allowed Back in Business, as Philippines Reissues Electronic Gaming License – Casino.Org News

Gaming technology provider PhilWeb is once again fully licensed by the Philippine Amusement and Gaming Corporation (PAGCOR) to provide cafes with electronic gaming systems. It’s a welcome turnaround for the company founded by billionaire Robert Ongpin, who began drawing heat from iron-fisted President Rodrigo Duterte.

PAGCOR Chairwoman Andrea Domingo is leading the agency’s restructuring, and that might include selling more of its land-based assets to iGaming operator PhilWeb. (Image: Inoue Jaena/Rappler)

PhilWeb, which once owned and operated nearly 300 e-gaming cafes throughout the Philippines, was forced to shut down its chain of establishments after Duterte supposedly directed PAGCOR to not renew its gaming license. The controversial leader has since eased his crusade against allegedly corrupt gambling enterprises, which led to PAGCOR reissuing PhilWeb’s “electronic gaming system provider” permit this week.

According to a disclosure filed with the Philippine Stock Exchange, PhilWeb says it will provide gaming systems for 16 PAGCOR-licensed properties. Before such operations can commence, PAGCOR will conclude a final inspection and testing of the company’s products.

PhilWeb announced in late October that it had received a provisional accreditation from PAGCOR to supply cafes with gaming systems. 

To save PhilWeb and its workforce, Ongpin sold the company to Georgio Maria Araneta III in August at a steep discount. The Aranetas have long been a powerful and influential family in the Philippines, and with Ongpin out, PhilWeb was welcome to resume operations.

Tangled Web

PAGCOR is in the process of undergoing a major restructuring of its own. The company that for decades has been part-regulator, part casino-owner is preparing to sell its 13 Casino Filipino branded esatabishments and 35 satellite gaming properties to private companies, while transforming itself a regulator-only agency.

Business is good at PAGCOR, as the agency recently revealed in its half-year fiscal report that

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