Wednesday, May 22, 2024

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LRWC revamps BingoPlus brand months after launching online bingo

Months after being granted permission to operate Philippines’ first online bingo offering, Leisure & Resorts World Corp (LRWC) has announced it is revamping its BingoPlus brand in order to tap into the mobile-savvy gaming customer. 

DigiPlus’ net income grows 358% in 1Q24 to $35M

Philippine retail gaming provider DigiPlus Interactive Corp posted a net income of $35 million in the first quarter of the year, marking a 358 percent increase from 2023.

PSE-listed DigiPlus’ market cap hits $1B this week

After achieving the milestone of being the best-performing stock in the Philippine Stock Exchange (PSE) last year, the Philippine retail gaming provider DigiPlus Interactive Corp (DigiPlus) saw its market cap reach PHP59 billion, which is over $1 billion this week.

DigiPlus reports 6-fold income growth in 2023, driven by Bingo games

Philippine retail gaming provider DigiPlus Interactive Corp (DigiPlus) recorded PHP 4.1 billion ($73 million) in net income in 2023, marking more than a 596 percent increase from its year-ago level.

Gaming company Digiplus took the lead as PSE’s best-performing stock in 2023

DigiPlus Interactive Corp, a Philippine retail gaming provider, has claimed the top spot on the Philippine Stock Exchange (PSE), outperforming nearly 300 listed companies in terms of stock price growth. Other PSE-listed gaming operators also recorded positive results in their stock prices last year.

Albee Benitez offloads 66 million DigiPlus Interactive shares

Filipino businessman and politician Albee Benitez has sold part of his shareholding in operator DigiPlus Interactive according to a filing with the Philippines Stock Exchange. Benitez divested a total of 66.66 million shares of the company within a price range of PHP 7.01713 to PHP 7.45, or around $0.13.

DigiPlus reports 10-fold income growth in 1Q-3Q

Philippine retail gaming provider DigiPlus Interactive Corp (DigiPlus), formerly known as Leisure and Resorts World Corp, recorded a net income of PHP 2.1 billion ($37.5 million) in the first nine months of the year, marking more than a tenfold increase from its year-ago level.

DigiPlus says ‘no imminent plans’ for an integrated resort in Boracay

In a statement released on Tuesday, DigiPlus Interactive Corp, formerly known as Leisure and Resorts World Corp, clarified that it currently has 'no imminent plans' to proceed with the transformation of its 24-hectare (59.3-acre) property on Boracay Island into an integrated casino project.

DigiPlus sees 51 percent q-o-q profit increase in 2Q23, at $11.6mln

Philippine retail gaming provider DigiPlus Interactive Corp (DigiPlus), formerly known as Leisure and Resorts World Corp, continued the strong momentum seen in the first quarter, with 2Q23 net income up 51 percent quarter-on-quarter, to PHP659.6 million ($11.6 million).

DigiPlus returns to profit, topping $7.77mln, as bingo operations shine

Philippine retail gaming provider DigiPlus Interactive Corp (DigiPlus), formerly known as Leisure and Resorts World Corp, has announced a return to profit, topping PHP436.8 million ($7.77 million) in the first quarter of the year, compared to a loss of PHP223.1 million ($3.97 million) in 1Q22, driven by ‘strong topline growth’ its retail games business.