Summary：**Lance Y. Gokongwei Joins PhilWeb Board, Powering Exciting Tech‑Driven Growth** *MANILA, Philippin

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**Lance Y. Gokongwei Joins PhilWeb Board, Powering Exciting Tech‑Driven Growth**
*MANILA, Philippines, July 10, 2026 /PRNewswire/* — Listed PhilWeb Corporation (“PhilWeb” or the “Company”, PSE: WEB) announced today that prominent business leader Lance Y. Gokongwei has officially taken a seat on the Company’s Board of Directors. “I am pleased to join PhilWeb at a pivotal moment when technology is reshaping how Filipinos engage with entertainment,” Gokongwei said in his inaugural remarks.

### Introduction
PhilWeb, a long‑standing operator of gaming terminals and online betting platforms, has been navigating a rapid shift toward digital solutions. The appointment of Gokongwei—scion of the Gokongwei conglomerate and a veteran of telecommunications, retail, and infrastructure—signals a deliberate move to infuse fresh strategic insight into the boardroom.

### Key Developments
Gokongwei’s career spans leadership roles at JG Summit Holdings, where he oversaw the expansion of digital services across Southeast Asia, and at Robinsons Land, where he championed smart‑city initiatives. His expertise in scaling technology‑centric businesses aligns with PhilWeb’s current roadmap, which includes launching a cloud‑based gaming platform, enhancing data analytics for player engagement, and exploring partnerships with fintech firms for seamless payment solutions. The board expects his guidance to accelerate these projects, reduce time‑to‑market, and improve overall operational efficiency.

### Industry Analysis
The Philippine online gaming market is projected to surpass USD 1.2 billion by 2028, driven by rising smartphone penetration and a youthful demographic eager for interactive experiences. Regulatory reforms introduced in 2024 have opened avenues for licensed operators to offer hybrid products that blend traditional gaming with e‑sports and virtual sports