Reports
SOUTH EAST ASIA - THE PHILIPPINES
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For most political leaders, praising Adolf Hitler would be inconceivable. But not for Mr Duterte, who has compared his brutal campaign against drug dealers and users to the Holocaust, saying he will kill as many addicts as Hitler did Jews. In comments that sparked global outrage, he told reporters he had been "portrayed to be some cousin of Hitler" by his critics. "Hitler massacred three million Jews. Now, there is three million drug addicts. I'd be happy to slaughter them," he said.
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Ahead of a meeting in Laos, Duterte described Barack Obama as a "son of a whore" over suggestions the US president might challenge him on human rights issues. He succeeded in avoiding the topic in one sense, at least. Mr Obama cancelled the meeting, saying he preferred "constructive conversations.”
PAGCOR has received a total of 76 bids for its new offshore gaming licences since applications began in September. PAGCOR will initially grant 25 licences for offshore gaming operations under new rules and regulations. Te licences will each be valid for one year. Te rules may possibly change over the first 12 months once PAGCOR has assessed the operation of the licensees.
Araneta said at the time: “We at PhilWeb are also concerned about restarting our operations without delay since the network of e-Games cafes have been out of business for over two months now.”
Te company had to put 216 of its 700 employees on ‘forced leave’ and there were also some 5,000 e-Game café operators out of work.
At the time of closure PhilWeb also suggested a new business venture with PAGCOR for a mobile phone based lottery called PAGCOR Text Bonzana which the gaming regulator also refused.
Philweb Corporation is a leading gaming technology provider in the Asia Pacific region and listed on the Philippine stock exchange.
It didn’t become an internet company until the year 2000 when the company restructured from
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a mining company and in 2003 received a licence from PAGCOR to launch e-Games cafes.
Back in 2010 PAGCOR’s electronic casino business had 160 e-Games cafes with some 4,146 gaming terminals and a total casino win of P3.3bn. PhilWeb has worked hand in hand with PAGCOR to provide technology services and by the end of 2015 there were a total of 268 e- Game outlets with over 8,839 gaming terminals and a total casino win of P5.5bn.
PhilWeb provides products and offers partnerships with customers and serves 90,000 account holders. In 2015 each account was transformed into a closed loop electronic wallet to enable customers to keep their gaming funds in the account without having to withdraw cash.
Tis increased marketing opportunities and made it easier for members to access new offerings at the outlets. One new offering was
sports betting. On the sports betting side total turnover for 2015 was P2.5bn (a 51 per cent growth year on year). Total company revenue for the year 2015 was P1.6bn.
Te company subsidiaries include:
e-Games – licensed by PAGCOR in 2013 to launch e-Games stations (internet cafes) dedicated to casino games. Technology provided by PhilWeb with more than 300 casino games to choose from including Baccarat, Blackjack, slots, video poker and sports betting. Te e- Games cafes operated 24/7 with 268 in the country the majority owned by independent operators.
Big Game – operates 23 e-Game cafes and these function as PhilWeb’s R&D sites where new games are tested. In 2015 Big Game added six new locations to the network and total terminals were 1,225.
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