PAGCOR approves PhilWeb services to 16 eGames cafes

Philippine-listed game technology provider PhilWeb Corp. will soon start offering its services to at least 16 Philippine Amusement and Gaming Corporation (PAGCOR)-licensed  eGames cafes after securing the nod of the state regulator.

In a disclosure to the Philippine Stock Exchange, PhilWeb announced that the PAGCOR will thoroughly inspect and test the electronic games before it will be distributed to the initial eGames cafes.

“We wish to inform the Exchange that PhilWeb received today a letter from Philippine Amusement and Gaming Corporation (PAGCOR) allowing it to offer its services as an Electronic Gaming System Provider to the first 16 PAGCOR-licensed gaming sites for electronic games, subject to inspection and testing by PAGCOR,” PhilWeb’s letter, signed by Corporate Information Officer Raymund Aquino, read.

With PAGCOR’s greenlight, PhilWeb is hoping to make a turnaround in 2018 after wading through a tumultuous year as a result of President Rodrigo Duterte’s war against online gambling.