Gaming technology provider PhilWeb Corp says it has signed an exclusive Philippines partnership with iGaming content supplier Pragmatic Play. It will enable licensed gaming operators in that country to access services of Pragmatic Play through PhilWeb.
The arrangement is subject to applicable regulatory approvals and contractual agreements, according to a Thursday filing by PhilWeb to the Philippine Stock Exchange.
The announcement provided no financial details regarding the partnership or an expected launch date.
The filing did not specify whether the agreement covers Pragmatic Play’s full product suite.
Pragmatic Play’s offer includes online slots, live-casino services, virtual sports and other gaming content, through a single application programming interface (API).
According to PhilWeb’s filing, Pragmatic Play is licensed and regulated by a number of international gaming authorities, including the Gambling Commission of Great Britain, the Gibraltar Gambling Commissioner, and the Malta Gaming Authority.
Pragmatic Play’s products are available in multiple regulated markets and support numerous languages and currencies.
PhilWeb stated Pragmatic Play has its headquarters in Gibraltar, designated a British overseas territory, and is owned by a private group of investors led by Veridian (Gibraltar) Ltd.
The latest partnership further expands PhilWeb’s presence in the Philippines’ regulated online gaming segment. The company, formerly focused on electronic gaming operations, has increasingly positioned itself as a technology and platform provider serving licensed gaming operators in that country.
In March, PhilWeb confirmed a change of ownership after a management-led buyout.
The company has become highly-active as a services provider to the Philippine online gaming sector. In February, it launched the online gaming platform for Hann Casino Resort, a complex at Clark Freeport Zone.
In March, PhilWeb said it would be working with NUSTAR Online, and in the following month it announced a partnership with Travellers International Hotel Group Inc, operator of the Newport World Resorts casino and leisure complex in Manila.
In May, PhilWeb launched the “Okada Play” online gaming platform in partnership with Tiger Resort, Leisure and Entertainment Inc, the promoter of the Okada Manila complex.
