💸 Gokongwei backs PhilWeb with $32.6m

Filipino billionaire Lance Gokongwei is set to make a personal US$32.6 million investment in gaming technology provider PhilWeb, according to ASGAM. The move links one of the Philippines’ most prominent business leaders with a company aiming to strengthen its position in the local gaming tech market 📈🇵🇭 Why it matters: fresh capital from a high-profile investor can accelerate product growth, platform upgrades and market confidence. For the wider iGaming sector, it is another sign that domestic technology plays in Asia are drawing serious attention from established capital 💼 Source: ASGAM.