Philippines' Clark Integrated Resort operator HANN Casino Resort, after pausing its IPO plan last year, has chosen to form a strategic partnership with local gaming technology company PhilWeb Corporation to expand the compliant online gaming market in the Philippines, a move that has also been covered by the PASA official website. Both parties will rely on compliance advantages and local resources to create a stable and convenient online gaming platform, injecting new vitality into the industry.
Core of the Partnership: Local Experience + Compliance Dual Safeguards
In this partnership, PhilWeb will provide comprehensive operational and management support for HANN's online gaming platform. As a company that has been deeply involved in the Philippine gaming industry for decades, PhilWeb is not only well-versed in local regulatory rules but also possesses a mature technology system and operational experience, which will solidify the foundation for the platform's stable operation. More importantly, both parties have made it clear that all operations will strictly follow the current regulatory framework of the Philippines, truly achieving a "player peace of mind, platform stability" operational goal.
Strategic Adjustment: Focus on Online Growth after IPO Pause
Last year, HANN had planned to sell up to 550 million shares to advance its IPO, aiming to raise billions of pesos in funds, but ultimately hit the pause button. This partnership with PhilWeb is seen by the industry as a strategic recalibration after the setback in the capital market — shifting from a tough IPO to a more flexible online layout. HANN's spokesperson stated that the company will always adhere to the three core principles of "responsible gaming," "good corporate governance," and "strict compliance," while PhilWeb's technological support will enhance the platform's performance and user experience.
Offline Foundation: Integrated Resort Establishes Market Advantage
As the first full-scale integrated resort in Central Luzon, HANN Casino Resort's offline strength provides strong support for its online operations. The resort covers about 11 hectares, equipped with 274 gambling tables, 1721 gaming machines, and in partnership with Swissôtel Clark and Clark Marriott, offers over 800 rooms, already becoming a highly influential entertainment and tourism landmark north of Manila. The offline customer flow and brand reputation will synergize with the online business, helping HANN further consolidate its market position.
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This article is from "PASA-Global iGaming Leaders," a gambling industry news channel:https://t.me/pasa_news
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