Time to play, confirmed: Greggy Araneta exits PhilWeb for P1.8B, a P200M hit vs. 2016 Ongpin deal

Bilyonaryo Business News·Oct 9

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Greggy Araneta has exited PhilWeb, selling a stake in the company for P1.8B. The sale appears to be part of a larger shift in the gaming industry, with other companies making significant investments in casino projects. The future plans of PhilWeb's new owners and other industry players are not yet clear.

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