Few outside the gambling industry had probably heard of JKS Tech Solutions Inc. until this week. Now the young Philippine company is valued at over P14 billion, and listed gaming technology provider PhilWeb Corp. is getting a major slice.
Tycoon Lance Gokongwei is taking a major role at PhilWeb Corp., becoming chair months after committing to a roughly P2-billion investment in the technology company that has partnered with some of the biggest casino operators in the Philippines.
FUNaloMAX is leaning on technology built for uneven Philippine internet connectivity and a faster loyalty progression system as it seeks to differentiate itself in the competitive mobile gaming market.
Online gambling giant DigiPlus Interactive Corp. reported higher second-quarter core earnings from the previous quarter despite softer gaming revenue, while introducing a profitability measure it said better reflects the performance of its gaming business.
Online gambling giant DigiPlus Interactive Corp. is seeking to enter New Zealand, marking its third overseas target as it accelerates its international expansion beyond the Philippines.
The Philippine online gambling industry is entering what could be its most consequential phase yet, with tighter licensing standards, supplier accreditation requirements and stricter responsible gaming rules expected to trigger further consolidation through the rest of 2026, according to a new white paper by gaming advisory firm Arden Consult.
Tycoon Kevin Tan-backed Newport World Resorts has tapped PhilWeb Corp. to power its online gambling expansion, giving the listed gaming technology firm its second major integrated resort partner in Metro Manila.
The Philippine-listed gaming company has joined the Brazilian Institute for Responsible Gaming (IBJR), whose members represent more than 60 percent of Brazil’s regulated online betting market.