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Philippine Local Gambling Enterprises Comprehensive Analysis: Policy Bonuses and Market Game

Philippine Local Gambling Enterprises Comprehensive Analysis: Policy Bonuses and Market Game

I. Industry OverviewThe Philippine gaming industry is one of the most mature legal markets in Southeast Asia, with an expected industry size of $6 billion in 2024, of which local enterprises hold a 35% share. Under the regulation of the Philippine Amusement and Gaming Corporation (PAGCOR), local op

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PhilWeb formally declares: denies any contact with PlayTime regarding "backdoor listing"

PhilWeb formally declares: denies any contact with PlayTime regarding "backdoor listing"

Manila, March 25, 2024—Philippine listed company PhilWeb (PSE: WEB) today issued an official announcement through the Philippine Stock Exchange, explicitly denying any form of capital cooperation negotiations with the emerging online gaming platform PlayTime. This statement directly responds to rec

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