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RGB enters Philippine online gaming as an accredited content provider

Licences & markets

RGB International said its Philippine branch is listed by PAGCOR as a gaming content affiliate across seven channels, including electronic casino games, in a document dated 28 May. Executive director Chuah Hui Jing said RGB was preparing to distribute Light & Wonder online games; the branch was also listed as an accredited aggregator but had not begun operating in that role as of 28 May.

RGB’s accreditation creates a route to distribute online content to the Philippine market, including Light & Wonder games.

End-of-day close Light & Wonder (LNW), AUD, to 24 July 2026
Story date27 April 202624 July 2026

Latest reported results

Light & Wonder ASX: LNW

Quarter ended 30 September 2026

Revenue
USD 824.0m10-Q filing 0000750004-26-000047
Operating income
USD 242.0m10-Q filing 0000750004-26-000047

Earlier licence decisions by PAGCOR

DateCompanyAmountStoryAppeal status
Playson, Light & WonderNot statedPAGCOR approves Playson game distribution in the PhilippinesNot stated
GLINot statedGLI says PAGCOR accreditation expands its testing role in the PhilippinesNot stated
Belle Corporation, Premium LeisureUSD 300,000,000Belle pursues Clark casino partners after provisional PAGCOR licenceNot stated
International Entertainment CorporationNot statedIEC pursues Philippines online gaming entry through operator talksNot stated
PhilWebNot statedPAGCOR accredits PhilWeb as gaming affiliate and support service providerNot stated

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Deals & M&A

Light & Wonder prioritises debt reduction after AU$153m repayment

Light & Wonder said it reduced debt by AU$153 million during its third quarter and is prioritising further debt reduction. CFO Oliver Chow said the company aims to lower leverage to three times cash flow by June 2027; recurring revenue represented 67% of total revenue, while systems sales fell 24%.

Chief executive Matt Wilson closed Light & Wonder's third-quarter earnings call late on Wednesday, describing "an eventful quarter". Among the financial results, Wilson highlighted a debt reduction of AU$153 million ($107.7 million). Fitch Ratings upgraded Light & Wonder's outlook to "Positive", and this was given particular emphasis.

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