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PhilWeb returns to profit as first-quarter 2026 revenue rises 30.4%

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PhilWeb reported first-quarter 2026 revenue of PHP233.1 million, up 30.4% year on year, and net income of PHP13.9 million, compared with a loss a year earlier. Its quarterly filing attributed growth mainly to e-Gaming Solutions; the company also said it received PAGCOR accreditation and expanded partnerships during the quarter.

The results and PAGCOR accreditation show PhilWeb’s financial performance and operating position in the regulated gaming market.

End-of-day close Universal Entertainment (6425), JPY, to 29 May 2026
Story date2 March 202629 May 2026

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Universal Entertainment shifts Okada Manila towards mass market and online gaming

Universal Entertainment Corp said Okada Manila will target mass-market customers and develop online gaming after a challenging second quarter in the Philippines. For the three months to 30 June, net sales fell 13.0% year on year to JPY30.1 billion and adjusted EBITDA declined 62.5% to JPY2.74 billion; the company also cited the launch of OKADA PLAY with platform operator PhilWeb Corporation.

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