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Hann Casino partners with PhilWeb on Philippine e-gaming operations

Deals & M&A

Hann Casino Resort has engaged PhilWeb to provide operational and technology support for its regulated e-gaming activities in the Philippines. Analysts said the arrangement is fee-based, with no equity joint venture or direct share of gross gaming revenue, and is unlikely to materially improve PhilWeb’s near-term earnings; PhilWeb described it as part of a wider shift towards gaming infrastructure services.

The partnership adds a service relationship for PhilWeb but is not expected to deliver a material near-term earnings increase.

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