Tag page - PhilWeb Corporation

In a management takeover, President Marcos’ brother-in-law, Gregorio Araneta III, is divesting his entire 57 percent stake in the publicly listed gaming firm PhilWeb Corp. for ₱1.8 billion in favor of two firms, one of which is headed by PhilWeb’s President, Edgar Brian K. Ng. PhilWeb...

Araneta-led gaming firm PhilWeb Corp. reported that its losses ballooned to ₱599.2 million last year, 734-percent higher than the ₱71.7-million loss incurred in 2023, mainly due to one-time costs. In a disclosure to the Philippine Stock Exchange, the gaming company said the loss is attributed...

Gaming firm PhilWeb Corporation is getting a capital infusion of P750 million from its principal shareholders Gregorio Araneta Inc. and PhilWeb Casino Corporation. In a disclosure to the Philippine Stock Exchange, PhilWeb said the Executive Committee of its Board of Directors of the Corporation...