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Online gaming growth boosts PhilWeb in Q3

15th November 2011 10:39 am GMT

With the company expecting to further expand its gaming operations in the Asian Pacific region before the end of the year, the Philippines' PhilWeb Corporation has reported an 11 per cent increase in revenues to P274.5m for the third quarter of 2011.

PhiWeb said the revenue growth was a result of an increase in the number of PAGCOR e-Games Cafes (PEGS Cafes), as well as higher volumes of bet transactions and winnings percentages from its internet [...]

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