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PhilWeb Gains Pagcor Approval in Transition to Asset-Light Gaming Technology

(Manila).- Gaming technology firm PhilWeb Corp. has received official accreditation from the Philippine Amusement and Gaming Corp. (Pagcor) to operate as a service provider and affiliate, paving the way for the company to expand its presence in the country’s regulated gambling market.

Monday 30 March
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PhilWeb Gains Pagcor Approval in Transition to Asset-Light Gaming Technology

Gaming technology provider PhilWeb Corp. secured official accreditation from the Philippine Amusement and Gaming Corp. (Pagcor) to act as a service provider and affiliate, clearing the way for the company to deepen its footprint in the country’s regulated gambling sector

In a disclosure to the Philippine Stock Exchange, the firm said the accreditation under Pagcor’s framework allows PhilWeb to provide technology and operational services to licensed gaming operators in the Philippines.

PhilWeb said the move aligns with the firm’s strategy to shift toward an asset-light, business-to-business model focused on recurring revenue through platform management and systems integration.

Under the new regulatory status, PhilWeb is participating in technical working groups with Pagcor and other industry stakeholders. These discussions are aimed at refining industry standards for transparency, consumer protection, and governance as the Philippines seeks to modernize its gaming sector.

Brian Ng, PhilWeb president, said the industry is entering a “pivotal stage” as it transitions toward a more structured and transparent framework.

“We are committed to supporting this transition by delivering reliable and scalable technology solutions, while actively engaging with stakeholders to help strengthen the overall ecosystem,” Ng said.

PhilWeb has already deployed its infrastructure through several high-profile partnerships with integrated resort operators.

The company currently supports regulated online gaming platforms for Hann Casino Resort and Okada Manila, providing the backend systems and integration necessary to run digital operations.

In addition to its work with large-scale resorts, PhilWeb has collaborated with FBM Philippines to deploy platform solutions across a nationwide network of gaming venues.

The company said this collaboration demonstrates its ability to manage distributed operations on a large scale. By positioning itself as a technical backbone for other operators, PhilWeb aims to capture a larger share of the market without the overhead costs associated with direct casino ownership.

The Philippine gaming industry has faced increased scrutiny and shifting regulations over the last year, prompting many service providers to formalize their roles within Pagcor’s oversight. PhilWeb’s accreditation is part of a broader push to align with these efforts to formalize the sector, ensuring its technology meets the evolving compliance demands of the national regulator.

Fuente original: Manila Bulletin
Filtros: Others Philippines Asia
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