DFNN’s Executive Chairman and Founder, Ramon Garcia Jr. says that there is no better market for investment than the Philippines, as government policy shifts to attract more investment and political stability allows for confidence in the economy.

Philippines based DFNN Group and Spain’s CIC Consulting Informático (CIC), have formalized a strategic joint venture agreement aimed at leveraging each other’s products and services.

DFNN’s Executive Chairman and Founder, Ramon Garcia Jr., says that the Philippines is "doing the best it can" to be removed from FATF's gray list.

Philippines-listed technology-provider and remote gaming platform provider DFNN posted a 69 percent increase in revenue for FY22 to PHP905.8 million ($16.1 million), driven mainly by robust income generated from its interactive technology platforms and an increase of sales.

Philippines-listed technology and remote gaming platform provider DFNN have issued a candid statement noting that the company has ‘sometimes outpaced financial and accounting standards not yet updated with new Philippine laws that have been passed on newer fintech processes which require further regional assessment.’

Ramon Garcia Jr, chairman of DFNN, says that there's no better investment environment in Asia than the Philippines, regardless of company scale. The country's political stability, aim to partner with industry and improvements to taxation regimes are attracting investors from across the globe.

Ramon Garcia, the Chairman and Founder of Philippine-based DFNN, says that the Philippines is one of the most “innovative, responsive, gaming environments”, highlighting the flexibility of the government to allow interactive gaming during the pandemic period.

The Philippines is shining as a gaming destination, with a progressive regulatory environment and rampant interest to invest. Financial expert Ramon Garcia Jr. and gaming veteran David Carrurthers, guided by industry guru Ben Lee, point out exactly why such interest exists and where it could go – particularly if authorities are given more oversight powers.

The first day of the 6th ASEAN Gaming Summit has passed and left us with a lot to tell, especially with plenty of Filipino government officials and gaming market "big fish" commenting the latest industry developments in the country.

A gaming expert states that the Chinese embassy's warning to its citizens against gambling overseas is "not new," as similar warnings were issued several years ago.