PhilWeb’s Exclusive Distribution Rights
PhilWeb Corporation has achieved an exclusive arrangement to distribute Pragmatic Play’s gaming offerings in the Philippines. This agreement positions PhilWeb as the sole distributor for local operators to access the Gibraltar-based provider’s slots and live casino services. This development was announced in a disclosure submitted to the Philippine Stock Exchange on July 9th. The partnership is awaiting necessary regulatory and contractual confirmations.
Access to Pragmatic Play’s Award-Winning Content
Pragmatic Play is renowned for its comprehensive solutions in the iGaming sector, boasting an acclaimed array of slot games and live casino products. These offerings are accessible through a singular API that supports various regulated markets, languages, and currencies. The supplier holds licenses from multiple regulatory authorities, including the Gambling Commission of Great Britain, the Gibraltar Gambling Commissioner, and the Malta Gaming Authority.
Implications for Philippine Gaming Operators
Under this new partnership, licensed gaming operators in the Philippines will have access to Pragmatic Play’s suite of products exclusively through PhilWeb. This strategic move could potentially reshape the local iGaming landscape by streamlining access to high-quality gaming content.
Pragmatic Play’s Industry Position
Pragmatic Play, headquartered in Gibraltar, is operated by a private consortium led by Veridian (Gibraltar) Limited. Their consistent delivery of top-tier products across multiple markets underscores their standing as a leading provider within the industry.
Awaiting Regulatory Approval
The finalization of this partnership is contingent on obtaining the necessary regulatory clearances. Both companies remain optimistic about the potential positive impact this collaboration may have on the Philippine gaming sector.