Century Entertainment maintains Philippine operations after WPT licence loss
The company said its Phase 4 operations remain unaffected after WPT lost its PAGCOR accreditation.
Key takeaways:
- Century Entertainment said its Philippine gaming operations remain compliant after WPT lost its GSA and GCP accreditations.
- Its 51 per cent-owned Konphil joint venture appointed another PAGCOR-accredited Gaming Content Provider, and it has an agreement with another PAGCOR-accredited GSA.
The Philippines.- Century Entertainment International Holdings has said that its Philippine gaming operations remain compliant after joint venture partner World Platinum Technologies (WPT) lost its Gaming System Administrator (GSA) and Gaming Content Provider (GCP) accreditations. It says its 51 per cent-owned joint venture, Konphil Technology Company, has appointed another PAGCOR-accredited Gaming Content Provider as its exclusive distributor.
It says it also has an agreement with another PAGCOR-accredited GSA, allowing operations to continue. It said legal advice concluded that the loss of WPT’s accreditations does not affect its Phase 4 operations under Philippine gaming law.
Century Entertainment reported HK$23.7m in revenue from its Philippine online gaming platform business for the financial year ended March 31, 2026. It reported unaudited Phase 4 revenue of HK$53.9m for April to June 2026.
Frequently asked questions (FAQs)
- What happened to WPT’s PAGCOR accreditations? World Platinum Technologies lost its Gaming System Administrator and Gaming Content Provider accreditations.
- Will Century Entertainment’s Philippine operations continue? Yes. Century Entertainment said its Phase 4 operations remain unaffected through arrangements with PAGCOR-accredited providers.
- Who will provide gaming content for Konphil? Konphil has appointed another PAGCOR-accredited Gaming Content Provider as its exclusive distributor.
- How much revenue did Century Entertainment’s Phase 4 operations generate? The company reported HK$53.9m in unaudited Phase 4 revenue for April to June 2026.