Philippines-based gaming technology provider PhilWeb confirmed Tuesday that it will begin closing down its operations following the expiration of its licence with the state-controlled Philippine Amusement and Gaming Corp (PAGCOR).

Following a meeting Tuesday with PAGCOR chairperson Andrea Domingo, PhilWeb president Dennis Valdes said that the company will be winding down operations as a service provider to PAGCOR's e-Games network.

Premium subscribers continue here to the full article.