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![[Just Now] Play Time founder Elvis Chan: PLAY TIME has no plans to go public at the moment, nor to acquire PhilWeb.](https://media-p.pasa88.com/b/50fa7/information/1-767105504584409586/f6877ce4f052420e8c02a9c100d05114.png)
Everything comes from today's news:Title: Greggy Araneta Exits PhilWeb with 1.8 Billion Pesos, 200 Million Less Than 2016 Ongpin DealPhilippine President's relative Gregorio “Greggy” Araneta III has completely exited PhilWeb Corp. He sold his controlling stake to Nexora Holdings Inc. and Velora Ho

Recently, the Philippine gaming industry is experiencing an unprecedented winter, with licensed companies facing survival pressures. Data shows that the performance of licensed gaming companies has generally fallen by more than 80%, and among about 60 licenses nationwide, at least 20 companies heavi
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