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Nov 2, 2017 @ 18:27

PhilWeb acquires Pasig, Novaliches e-games sites


Listed gaming technology provider PhilWeb Corp. acquired electronic gaming stations in Pasig City and Novaliches.

In a disclosure to the Philippine Stock Exchange, PhilWeb said it acquired the sites through its subsidiaries BigGame Inc. and Easy E-Bingo.

PhilWeb made the purchase after receiving its certificate of accreditation from the Philippine Amusement and Gaming Corp. as an electronic gaming system service provider.

Shares of the company jumped 14.38 pecent Thursday to P8.99 Thursday as investors cheered Pagcor’s grant of a new license to PhilWeb.

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