Good morning. The results season isn’t over yet. In the Philippines, DigiPlus has reported a 27 percent drop in revenue for 4Q25, amidst a “challenging industry landscape” exacerbated by regulatory pressure to limit online gaming. However, FY25 income was flat year-on-year, at $211 million. Looking to Macau, the former Countdown Hotel at City of Dreams is getting a revamp – transforming into the 150-suite premium mass-focused REM Hotel, opening in the second half of this year. And down under, Bally’s Corp assures that its The Star investment will bear fruit, based on its experience in revitalizing struggling operations.
What you need to know
- DigiPlus 4Q25 revenue down 27% YoY amid regulatory transition affecting e-wallet access to licensed online gaming platforms.
- Melco announces REM luxury hotel at City of Dreams Macau, transforming Countdown Hotel tower into 150-suite property, opening in 2H26.
- Bally Corp indicates it is confident in The Star’s revival, based upon its track record of turning around underperforming businesses.
On the radar
- Macau March MTD GGR holds firm at $87.4M per day: UBS.
- HKJC signs MOU with Guangzhou tourism bureau ahead of Conhua races.
- PH House approves bill to abolish travel tax for Filipinos going abroad.
- Crown Melbourne cutting 200 jobs to support “long-term sustainability”.
AGB Intelligence
RESULTS
DigiPlus 4Q25 revenue down 27% amid “challenging landscape”
The Philippines’ largest online gaming operator saw a significant drop in revenue in the final quarter of last year, down 27 percent to $289.3 million. The figure was significantly impacted by regulatory moves, including the delinking of e-wallets from licensed online gaming platforms. Despite the end-of-year fall, net income for FY25 was flat year-on-year, at $211 million, with the company announcing a $63.5 million dividend.
Industry Updates
- Zitro brings its FANTASY cabinet to center stage at IGA 2026.
- IGT unveils Superlink jackpot and FinTech innovations at AHG 2026.
- QTech Games taps Jonny Youssef as CTO to accelerate its growth trajectory.
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