The company will supply both operators with casino games and the platform to run them, positioning itself as a middleman that connects global game providers to local players.
Big move
The move follows recent partnerships with FBM Philippines, which provides online casino games and systems, and Hann Online, the digital arm of gaming tycoon Han Dae Sik’s Hann Casino Resort.
The expansion comes under a new group led by Brian Ng, which took control of PhilWeb from Gregorio “Greggy” Araneta III.
The changes have turned PhilWeb into a stock market darling, with its shares surging over 370 percent over the past 12 months to P11 each, valuing the firm at nearly P16 billion.
Management’s view
“This initiative represents a natural extension of our platform strategy,” Ng, the president of PhilWeb, said in a statement on Tuesday.
“By combining content distribution and aggregation capabilities, we are enhancing our ability to support operators with a more comprehensive and integrated offering within a regulated framework,’ he added.
The rollout will begin with PT Gaming and NUSTAR Online, giving PhilWeb exposure to both large online platforms and customers of NUSTAR Resort & Casino, the largest integrated gambling complex in Cebu.
PAGCOR backing
PhilWeb has also secured accreditation from state-run Philippine Amusement and Gaming Corp. (PAGCOR), allowing it to operate within the regulated gaming system.
The strategy also comes as stricter rules on mobile wallet links push operators to rely on approved platforms, creating an opening for PhilWeb to provide both content and payment access.
—Edited by Miguel R. Camus
