PhilWeb Dips After Regulator Says It Won’t Renew Gaming Contract

  • Company shares on course for lowest close in 22 months
  • PhilWeb’s contract to operate electronic gaming ends Aug. 10

PhilWeb Corp., which operates and manages electronic casinos owned by the Philippine gaming regulator, saw its shares tumble to a 22-month low after the agency said it won’t renew the company’s contract.

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