25th of November 2010 Author: Glo Wood
PhilWeb to offer lottery and internet gambling cafes
According to recent announcements reported by Manila Times, a new company, the Philippine gambling group PhilWeb, will join the Laotian market, after closing a deal with Simuong Group (SMG) to set up lottery and internet gambling cafes.
It was stated by a PhilWeb spokesman that 'the games will operate under exclusive Lao People's Democratic Republic government franchises, and will create new revenue channels to fund its infrastructure and social development projects. This will be SMG's first venture into the gaming business, where PhilWeb's expertise and track record will prove to be a major advantage.'
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