The PhilWeb Corporation is a Philippine internet company involved in the

gambling Gambling (also known as betting or gaming) is the wagering of something of value ("the stakes") on a random event with the intent of winning something else of value, where instances of strategy are discounted. Gambling thus requires three el ...

industry. It has operated the e-Games casino outlets. PhilWeb was founded by

Roberto Ongpin Roberto Velayo Ongpin (January 6, 1937 – February 4, 2023) was a Filipino businessman who served as the Minister of Commerce and Industry (initially as Minister of Industry) during the Marcos administration. His younger brother Jaime serve ...

and incorporated on August 20, 1969, as South Seas Oil and Mineral Exploration Co. Inc. It was initially involved in mining and resource exploration. The name of the company changed to South Seas Natural Resources through an authorization by stockholders on March 29, 1984, a move approved by the Security Exchange Commission. South Seas Natural Resources' name was changed to PhilWeb.Com, Inc. on January 18, 2000, becoming an internet company. On the same date the mining claims and assets of the company was transferred to its subsidiary, All-Acacia Resources, Inc. Its name was then again changed on May 31, 2002, to its present name, PhilWeb Corporation by the company's stockholders. In 2019, PhilWeb signed a ₱292-million share purchase and cooperation agreement with Palmary Corporation to jointly develop their electronic bingo businesses. In 2020, PhilWeb announced that Brian K. Ng will replace Dennis O. Valdes as president of the company effective February 1.

References

{{reflist Online gambling companies of the Philippines 1969 establishments in the Philippines Companies based in Makati Companies listed on the Philippine Stock Exchange