PhilWeb JKS Tech Deal: PHP4.23B Cross-Equity Investment
PhilWeb Corp and JKS Tech lock in a cross-equity deal worth nearly PHP4.23 billion. PhilWeb and its subsidiary each invest PHP1.34 billion in gaming tech infrastructure, strengthening the Philippine digital gaming sector.
Cebu City Orders Police To Tighten Illegal Gambling Monitor
Cebu City Mayor Nestor Archival ordered local police to intensify monitoring of illegal gambling, specifically targeting e-Sabong, Lotte, and unauthorized small town lotteries with immediate permit verification.
PAGCOR Resorts Fund Healthcare, Launch Helpline
PAGCOR officials announced that Philippine integrated resorts drive tourism growth, job creation, and critical healthcare support through a new national helpline and hospital construction partnerships.
Newport World Resorts & Philippines Tourism Team Up
The Philippines’ Department of Tourism has signed a memorandum of understanding with Newport World Resorts to promote entertainment-led tourism. The partnership aims to encourage visitors to stay longer and spend more.
Int Ent Loss Widens to $62M, Gaming Revenue Up 61%
International Entertainment's FY2026 loss widened to HK$486.4M on a non-cash DigiPlus note charge. Gaming revenue surged 60.7% and gross profit jumped 66.4%, but a PHP5B Philippine tax dispute looms.
