PhilWeb Secures $32.5M Personal Investment from Lance Gokongwei
Philippine gaming technology company PhilWeb Corp is set to receive a major capital boost after businessman Lance Gokongwei agreed to invest approximately PHP2 billion (about $32.5 million) in a personal capacity. The investment will be formally announced on June 24, 2026, according to reports and a subsequent company filing. According to Asia Gaming Brief, the transaction is structured as a combined equity position, giving Gokongwei a 10 percent stake in PhilWeb’s common shares, alongside a 5 percent holding through convertible preferred shares. […] The post PhilWeb Secures $32.5M Personal Investment from Lance Gokongwei appeared first on World Casino News.
Philippine gaming technology company PhilWeb Corp is set to receive a major capital boost after businessman Lance Gokongwei agreed to invest approximately PHP2 billion (about $32.5 million) in a personal capacity. The investment will be formally announced on June 24, 2026, according to reports and a subsequent company filing. According to Asia Gaming Brief, the transaction is structured as a combined equity position, giving Gokongwei a 10 percent stake in PhilWeb’s common shares, alongside a 5 percent holding through convertible preferred shares. […]
The post PhilWeb Secures $32.5M Personal Investment from Lance Gokongwei appeared first on World Casino News.
