• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

PhilWeb announces departure of vice chairman

Jul 22, 2014 Newsdesk Industry Talk, Latest News, Philippines  


PhilWeb announces departure of vice chairman

PhilWeb Corp, which operates Internet cafés across the Philippines that are dedicated to casino games, announced on Tuesday that Eric O. Recto has resigned as vice chairman and member of the board of directors. Mr Recto’s resignation is “effective immediately”, the company told the Philippine Stock Exchange.

PhilWeb said Mr Recto wants to focus on his roles as chief executive of ISM Communications Corp and as chairman of the board at Philippine Bank of Communications Inc.

The company is yet to announce a replacement.

PhilWeb reported a drop in profit for the three months to June 30. The company’s current main business consists of licensing proprietary software and providing technical, marketing and cash management services to state-owned Philippine Amusement and Gaming Corp’s (Pagcor) e-Games cafés.


  • tweet
Related articles
  • Okada Manila op to invest in stalled Cebu IR Emerald Bay
    Okada Manila op to invest in stalled...

    Dec 11, 2023  

  • Banyan Tree-brand hotel breaks ground at Hann Reserve
    Banyan Tree-brand hotel breaks ground...

    Dec 04, 2023  

More news
  • Macau GGR US$65mln a day up to Dec 10: JP Morgan
    Macau GGR US$65mln a day up to Dec...

    Dec 11, 2023  

  • Casino inspector shortage even for 2024 says Macau govt
    Casino inspector shortage even for 2024...

    Dec 11, 2023  


Latest News

Macau GGR US$65mln a day up to Dec 10: JP Morgan

Macau GGR US$65mln a day up to Dec 10: JP Morgan

Dec 11, 2023  

Macau’s casino gross gaming revenue (GGR) for the first 10 days of December was estimated at MOP5.2 billion (US$646.6 million), or circa MOP520 million a day, said JP Morgan Securities (Asia...
Read More
Casino inspector shortage even for 2024 says Macau govt

Casino inspector shortage even for 2024 says Macau govt

Dec 11, 2023  

Macau 2023 visitor tally likely 28mln: Secretary Lei

Macau 2023 visitor tally likely 28mln: Secretary Lei

Dec 11, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”This new venture [with PH Resorts] is aligned with our strategy to increase our footprint in the Philippines, given our remarkable success with Okada Manila”

Byron Yip

President and COO of the operator of Okada Manila



Most Popular

  • NagaCorp announces death of founder Chen Lip KeongNagaCorp announces death of founder Chen Lip Keong December 11, 2023
  • NagaCorp names 3 sons of founder in CEO rolesNagaCorp names 3 sons of founder in CEO roles April 6, 2022
  • Okada Manila op to invest in stalled Cebu IR Emerald BayOkada Manila op to invest in stalled Cebu IR Emerald Bay December 11, 2023
  • GRA cancels an RWS employee licence, fines op US$1.7mlnGRA cancels an RWS employee licence, fines op US$1.7mln December 11, 2023
  • Macau casino staff hopeful of 2024 pay rise: repsMacau casino staff hopeful of 2024 pay rise: reps December 7, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us