Tag Archives: Philweb
Philippines – PAGCOR reinstates PhilWeb’s operating licence
Philippines regulator PAGCOR has voted to reinstate PhilWeb’s online gaming license and has granted the company a Provisional Certificate of Accreditation as an Electronic Gaming System service provider. Having seen its licence revoked in August last year, PhilWeb’s income fell by 134 per cent to just over US$6m in 2016. PhilWeb President Dennis Valdes said….
Philippines – PAGCOR refusing to renew PhilWeb’s e-casino license
Philippines e-casino operator PhilWeb has warned that 5,000 jobs will be lost along with around US $51.2m in tax should regulator PAGCOR conitnue its stance of not renewing the company’s operating license. The current license runs out on August 10 meaning Philweb’s 300 internet cafes devoted to casino games will be illegal. PhilWeb President Dennis…