Gregorio Araneta

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    Philweb’s Araneta aiming for Pagcor license by year end

    Philweb Corp. chairman Gregorio Araneta III says he hopes to secure a license from Philippine Amusement and Gaming Corp. (Pagcor) before year end, local media reports. Araneta over the weekend told The Manila Times that securing a Pagcor permit was “already in progress” and is expected to be completed before the end of the year. […]

    Ongpin sells Philweb stake to new chairman for P2 billion

    Former Philweb chairman, Roberto V. Ongpin has sold his 53.76 percent stake in gaming technology provider Philweb Corp. to its new chairman, Gregorio Araneta, for P2 billion ($41.4 million). The sale was announced by R. G. Manabat & Co., the local arm of KPMG, the financial advisor on the transaction. Ongpin sold a total of […]