Tuesday, October 26, 2021

Tag: Dennis Valdes

PhilWeb looks to purchase 15 Pagcor eGames parlours

Betting Business - PagCor PhilWeb
Philweb is looking to acquire 15 e-Games cafes from national regulator-cum-operator the Philippine Amusement and Gaming Corp (Pagcor) by tendering 7.5 million shares to purchase the properties.   In a filing with the Philippines Stock Exchange this March, PhilWeb stated that its board had decided to proceed with the deal despite the failure of talks with Pagcor to revive its licence...

Philippine Gambling regulator Pagcor will not renew Philweb gaming licence

Betting Business, Philweb, Phillipines
PhilWeb’s gaming licence will not be renewed by Philippine gambling regulators. The decision continues Philippine President Rodrigo Duterte’s crusade against online gambling in the country.   The new head of the Philippine Amusement and Gaming Corp (Pagcor) has announced the regulator will not be renewing the gaming licence of Manila-based PhilWeb. Andrea Domingo told Bloomberg News on 8 August: “We won’t...