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PhilWeb signs e-bingo cooperation deal and sells 6.78% stake

4th June 2019 7:54 am GMT
Philippines Flag

Manila-listed gaming technology provider PhilWeb Corporation has signed a cooperation deal with Palmary Corporation to jointly develop their electronic bingo businesses in the Philippines.

The agreement will see PhilWeb and Palmary co-manage a total of 22 e-bingo outlets across the country, of which six were previously operated by PhilWeb and 16 by Palmary, which is also an accredited supplier of e-bingo machines in PAGCOR’s network of over 300 outlets.

“We are very excited about our future in [...]

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