Through BigGame unit
PhilWeb continues acquisition of PAGCOR e-Games sites
PhilWeb Corp said Tuesday it acquired a Philippine Amusement and Gaming Corp e-Games site through a subsidiary, as it awaited approval of a new license to operate.
2017-04-04
Reading time 25 seg
PhilWeb Corp said Tuesday it acquired a Philippine Amusement and Gaming Corp e-Games site through a subsidiary, as it awaited approval of a new license to operate.
The company said its unit, BigGame Inc, took in the Novaliches-based facility by giving 340,000 PhilWeb shares to a certain Jerry D. Bolo.
PhilWeb shares were down 1.76 percent to P7.80 in early trading on Tuesday.
Regulators refused to renew PhilWeb's license after it expired in August, as President Rodrigo Duterte declared that he was against online gambling.
The President also singled out PhilWeb Chairman Roberto Ongpin as an "oligarch" who must be destroyed, forcing the tycoon to resign from the company.
Leave your comment
RELATED NEWS
Inspired by Egyptian and Greek mythology
BGaming launches new high-volatily Clash of Gods: Anubis vs Hades slot with duel feature
5x3 slot designed for high volatility
CT Interactive introduces classic-style slot 5 Chilli Fruits with 5000x max win
Market projected at $22B by 2029
1spin4win expands African presence through new partnership with OdiBets
COMPANIES
Brings more than 20 years of experience
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
New Event Content & Production Manager
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
Also participatedin SBC Summit Malta
CT Interactive expands portfolio, boosts Bulgaria presence in April
China and digital growth lift quarterly revenue
MGM Resorts posts record first-quarter revenue as profit slips on weaker margins
NYCE Marketplace
Partnership expansion
Racing and Sports partners with Altenar to enhance global racing offering
Upcoming Philippines casino resort
IDX selected to power 250 gaming tables with X-Trend system at the Westside Resort
New Blask market report
Mexico's iGaming market breaks its four-year uptrend
LATEST NEWS
ONLINE GAMING
LEGISLATION
SPORTS BETTING
EVENTS
Covers product, slots, and branding
Wazdan earns triple nominations at AffPapa iGaming Awards 2026 for excellence in slots and branding
European circuit expands
PokerStars adds Prague and Aix-en-Provence, France to 2026 live schedule
EVENTS CALENDAR
Highlighted
Affpapa Conference Madrid 2026
Highlighted
MAC Affiliate Conference 2026
Highlighted
SBC Summit Americas 2026
JUN 9th 26 / JUN 11th 26
Live Event Broward County Convention Center, Fort Lauderdale, Florida
Highlighted
PGS 2026
Highlighted
SBC Summit 2026
Highlighted
