PhilWeb completed the sale of nearly 61.04 million treasury shares to JKS Tech Solutions for just over PHP1.01bn, at PHP16.50 per share. The transaction, completed on 30 October, forms part of a wider cross-investment arrangement; PhilWeb said the sale proceeds would partly fund its investment in JKS Tech.
Investors can see how PhilWeb’s treasury-share sale helps fund its investment in JKS Tech.
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Reportedly, PhilWeb's second-quarter revenue rose 96% to $5.76m and the company posted a $769,000 profit. Its digital gaming solutions business generated 57% of group revenue, offsetting weaker venue-based operations, and EBITDA rose almost tenfold.
It was reported that Travellers International introduced the NWR Play online casino. PhilWeb supplies technology, compliance support and customer-service infrastructure, with Pragmatic Play games included through its distribution arrangement.
Sands China Ltd completed a private sale of senior unsecured notes, reportedly. The offering totalled US$1.0 billion.
It was reported that the Ts’elxwéyeqw Tribe completed its purchase of Elements Casino Chilliwack from Great Canadian Entertainment. The transaction was originally announced in November 2025.
iGamingToday reported that Flutter ended London Stock Exchange trading, with delisting effective on 3 August. The company cited low volumes, costs and regulatory requirements while retaining its New York listing.