Futurebet Signs Deal To Supply The Philippine Government With Online Casino Software
As an additional feature, a prepaid card system will be incorporated in PAGCOR's Internet Casino betting platform to avoid credit card fraud and fast-track its nationwide distribution.
Philweb is partnering once more with PAGCOR to accelerate the market entry of the latter's Internet Casino products in the Philippines. With a management team rich with Internet Casino business expertise, Philweb expects to realize with PAGCOR the revenue potential of Internet Casino. Currently, PAGCOR and Philweb have teamed up with Futurebet Gaming Systems for the expansion of their Internet Gaming relationship to now include Internet Casino. Philweb will provide its technology and marketing services to PAGCOR while Futurebet will provide it's industry leading casino product.
e-CasinoFilipino is the country's premiere online casino, duly sanctioned and operated by the Philippine Amusement and Gaming Corporation (PAGCOR). Backed up by Philweb Corporation and Futurebet Gaming Systems, e-CasinoFilipino offers the widest selection of table, slot machine and video poker games, including all available games in PAGCOR's land based casinos with all its life and realism. This gives customers the privacy of playing right from their own homes and at their own pace. e-CasinoFilipino was created particularly for important customers who value their time and privacy.
e-CasinoFilipino is based in the Philippines and is owned and operated by the Philippine Amusement and Gaming Corporation (PAGCOR). Gaming operations function under an Internet gaming license issued by the Philippine government. The company works with a variety of leaders in the financial and technology sector to provide secure online transactions and the best quality systems and software.
About PAGCOR
The Philippine Amusement and Gaming Corporation (PAGCOR) is the government-owned and controlled corporation established to regulate all games of chance in the Philippines. It was created in 1976 to oversee the operation of gaming casinos, to generate funds for the government's developmental projects, and to help curb illegal gambling.
PAGCOR is a vital arm of the government in nation building. The state-owned firm is the third biggest source of government funds with annual revenue of 22 Billion Pesos. PAGCOR is proof that casinos and legalized gaming can be a valuable source of government funding and an effective engine for national development. In its endeavor to generate more funds for the government's pressing concerns, PAGCOR has ventured beyond casino management. To meet the challenges of the new millennium, the gaming corporation is constantly looking for ways to improve its gaming products and maximizing the efficiency of its gaming operations.
About Philweb
Capitalizing on its Internet technology experience, Philweb in early 2003 made a deliberate decision to focus on Internet Gaming. It established partner relationship with leading software providers in addition to establishing its own gaming software capability. On the basis of this expertise, Philweb was successful in concluding a contract with PAGCOR, whereby Philweb became PAGCOR's overall service provider for Internet Gaming technology. To date, Philweb has concluded 2 Internet Gaming agreements with PAGCOR,
About Futurebet
The FutureBet Gaming System was developed by FutureBet Systems, Ltd. to provide independent Internet gaming operators with a wide range of entertainment software options that are sure to capture the attention, as well as the dollars, of today's online bettors. The FutureBet system offers the most comprehensive and enticing software package available, with state-of-the-art interactive casino games, real-time sports betting, fantasy sports, pari-mutuel style games of skill, and an assortment of complementary products and features.
