Listed PhilWeb Corp. is expanding beyond its traditional role as a gaming operator, striking an exclusive partnership with global gaming content provider Pragmatic Play to strengthen its position as a technology partner for the Philippines' regulated online gaming industry.
PhilWeb Corp. has secured a P2.02-billion strategic equity investment from businessman Lance Y. Gokongwei, marking a major capital boost that will accelerate its shift toward becoming an artificial intelligence-enabled technology infrastructure provider for the regulated digital entertainment sector.
PhilWeb Corp., a listed electronic gaming company, has sealed a strategic partnership with Tiger Resort, Leisure and Entertainment, Inc. to roll out a new online gaming platform branded OKADA PLAY, marking a significant push into the country’s fast-growing digital gaming market.
PhilWeb Corp., a listed application service provider for gaming and internet business activities, has struck a strategic partnership with Hann Casino to manage the latter’s regulated online gaming platform in the Philippines, a significant push into the country’s digital gaming market.
PhilWeb Corp. is set for a change in control after its principal shareholder, Gregorio Araneta Inc. (GAINC), agreed to sell its entire 57 percent stake to two domestic holding firms, a deal that will trigger a mandatory tender offer to minority shareholders.
Treasury bill yields extended their climb at Monday’s auction as investors demanded higher rates amid expectations of faster inflation and tighter monetary policy.
Vivant Energy retail electricity supply arm COREnergy has signed a power supply agreement with DEDON Manufacturing, Inc., the Philippine production hub of one of the world’s top luxury outdoor furniture brands.