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PhilWeb Chairman Resigns
Friday August 5,2016 : PHILWEB CHAIRMAN RESIGNS FOLLOWING ATTACK BY PHILIPPINES NATIONAL PRESIDENT (Update)
Troubled chairman departs after stock price falls by more than half.
In a fast-moving sequel to Philippines president Rodrigo Dutertes unprecedented attack on "oligarchs" in general and Roberto Ongpin in particular , Ongpin has resigned as chairman of online gambling provider Philweb.
His resignation comes after the companys share price plunged 63 percent in the wake of presidential threats against online gambling and vows to remove what he claimed were "oligarchs" from the public scene.
In a widely published tirade Thursday President Duterte named Ongpin as an example of an oligarch he said he wanted to "destroy".
PhilWeb advised the Philippine Stock Exchange on Thursday afternoon that Ongpin was leaving the company and its subsidiaries to focus on his real estate business.
Philweb remains on a temporary provisional licence following the recent expiration of its full licence last month; the temporary licensing itself expires later this month. The company operates over 300 electronic gambling cafes in the Philippines, and has subsidiaries in Cambodia, Guam, and East Timor.
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
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