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PhilWeb Asia Pacific
PhilWeb Asia Pacific Corporation was incorporated in 2010 with the goal of duplicating PhilWeb Corporation’s gaming solutions and operations in the Asia Pacific region. With the focus on delivering fair, transparent and legal gaming, PhilWeb Asia Pacific identifies new opportunities that provide economic benefits for both PhilWeb and its partners in different countries such as Timor Leste (East Timor), Laos, Cambodia, and Guam. The company is also planning to expand in Nepal, Sri Lanka, and Palau.
COUNTRY UPDATES:
TIMOR LESTE (East Timor)Available Products: Gold Mobile, Gold Lotto, Gold Scratch n’ Win, Gold Café
In July 2011, PhilWeb Asia Pacific entered into a 75:25 joint venture with Timor Holdings Lda. and was awarded with a mobile phone lottery license. An instant mobile raffle game, Kick for Gold, was created where participants can win various prizes. This game is expected to be launched by March 2012. The company was also awarded a scratch card license in a 70:30 joint venture agreement with Loteria Lorosae Lda. Operations started in November 2011 and by the end of December, over one million scratch cards were sold and around $ 600,000 in prizes were given to winners. Lastly, PhilWeb Asia Pacific Timor, in conjuction with Dili Development Company Lda., have applied for an e-Games license for a sports club to be located at Timor Plaza, the largest commercial mall in Timor. PhilWeb will retain a 60% equity stake, with 30% to Dili Development Company Lda. and Timor Holdings, Lda. with 10%.
CAMBODIA
Available Products: Gold Mobile, Gold Lotto, Gold Café
In October 2011, PhilWeb Cambodia entered into a 65:35 joint venture agreement with Atomik Lottery Co. Ltd., to provide instant scratch and win scratch cards and lottery products in the country. The gaming application for instant scratch and win scratch cards and lottery was approved on December 13, 2011. Other games are to be launched this year.
GUAM
Available Product: Gold Sweeps Center
In October 2011, PhilWeb Asia Pacific through its 50% owned subsidiary, Guam Sweepstakes Corporation, commenced operations of its first sweepstakes cafe. It has achieved profitability in January of 2012 and is seeking to expand the business by adding other sweepstake providers and games.
LAOS
Available Product: Gold Café
Available Product: Gold Café
In November 2010, PhilWeb entered into an 80-20 joint venture with Simuong Group, represented by its president, Mr. Ekaphanh Phapithak. PhilWeb Asia Pacific Corporation applied for a slot club license in Champassak province. The slot club business will commence operations by the 1st quarter of 2012. The company is also waiting for government feedback on its application for a national Internet gaming license.
OTHER COUNTRIES
PRODUCTS
PhilWeb is eyeing on building gaming cafés along Nepal’s borders to tap its neighboring countries. With Nepal as a popular tourist destination for South Asian gamblers, this is a great opportunity for PhilWeb to establish itself in the Asia Pacific region. Additionally, PhilWeb Asia Pacific is actively pursuing the Instant Scratch n’ Win license for Nepal. The Company is currently working on entering into an 80-20 venture with a local business in Palau to offer gaming cafés to the Taiwanese, Koreans, and Japanese tourists visiting the island. In line with its main goal of profitable expansion for 2011, PhilWeb is also exploring expansion in Sri Lanka.
PRODUCTS
GOLD MOBILE (Instant Mobile Raffle Game)
Gold Mobile is an instant mobile raffle game wherein players can have the chance of winning up to $20,000. Winning is easy, as players will just have to text in to join the game. Aside from cash, each entry has a chance of winning other prizes such as cell phone prepaid loads, cellular phones, and motorcycles.
GOLD LOTTO
Gold Lotto involves picking a six (6) number combination from 1 to 49, in any order, to have a chance of winning the jackpot. Bettors have the option to choose their own 6-number combinations, or they could choose Quick Pick for a system-generated 6-number combination. A minimum of three (3) correct hits will earn the participant a corresponding minimum prize. Players who hit six (6) out of six (6) numbers will win the jackpot prize.
Bettors can go to the nearest Lottery Kiosk Stations to place bets. Players may also buy lottery tickets from authorized agents through Refresh Mobile’s betting terminals.
GOLD SCRATCH 'N WIN
Gold Scratch ‘n Win is a simple lottery game in which you can instantly win prizes. The scratch cards will have unique games which make them more exciting than the available scratch cards in the market. Scratch cards are available in accredited establishments and through qualified agents. PhilWeb Asia Pacific is also open for entrepreneurs who are interested in becoming agents for Gold Scratch ‘n Win.
THE SWEEPS CENTER
The Sweeps Center is a one-stop-managed café which offers products that can be used to avail web browsing and sweepstakes services. It caters not only to sweepstakes enthusiasts but to motorists and internet savvies. Services can be availed through a product offering wherein players can convert points and use it for internet browsing or in playing sweepstakes games. Another method is through free entry where the customers would simply register online or through a terminal within the café to get a sweepstake entry.
GOLD CAFÉ
Gold Café is an Internet café devoted to casino games. With just a click, clients can choose from more than 100 games such as baccarat, slots, video poker, roulette and many more. Supported by PhilWeb’s technology, Gold Cafés will operate 24/7. Enjoy comfort and privacy at a Gold Café nearest you.
