This measurement excludes the e-games that are currently running on PhilWeb’s system.
Philippines.- Pagcor announced that online gaming stations that are not running on PhilWeb’s systems can continue its operations under tight supervision. According to the Philippine Amusement and Gaming Corp. chair Andrea Domingo, the operators have legal basis and they complied with all the requirements.
The sites that use software as IEST and Insta-Win are currently monitored in order to guarantee that they limit operating hours to a maximum of 15 hours every day and that they’re at least 300 meters apart.
PhilWeb’s new chairman, Gregorio Araneta, confirmed during a filling to the Philippine Stock Exchange that the company is expecting Pagcor to give them a license for e-Games operations before 2017 starts. “We’ll immediately re-operate because these operators, they’re losing money. About 5,000 people are expecting this. I told Pagcor, I’m not the one who’s hurting. The business is there, the longer you keep us closed, the harder it would be for the operators, there will be lesser revenues,” he said.
Pagcor said that they would not renew PhilWeb’s right to run a network of gaming parlors that offer online games.