HomeNewsPhilippinesDigiPlus signals resilience amid regulatory shifts

DigiPlus signals resilience amid regulatory shifts

Philippine-listed DigiPlus Interactive Corp. said it is regaining momentum in its online gaming business, with revenues showing consistent improvement in recent months as the company accelerates platform upgrades and bolsters player protection measures.

The firm, formerly known as Leisure & Resorts World Corp., highlighted disciplined execution and targeted initiatives across its app-based platforms, which it said have enhanced resilience and user experience.

Among the measures, DigiPlus rolled out a surety bond program with PhilFirst Insurance to safeguard player funds, aiming to reinforce confidence in its digital ecosystem. It also expanded its payment network by partnering with Bayad and Pay&Go, accredited by the Bangko Sentral ng Pilipinas, to provide more convenient cash-in and cash-out options.

Strengthening compliance and responsible gaming

In anticipation of tighter oversight, DigiPlus said it is refining advertising and marketing practices to ensure campaigns remain responsible and avoid reaching minors or vulnerable groups.

The company is also expanding its responsible gaming initiatives, including self-exclusion tools, educational campaigns, and collaborations with mental health and financial literacy experts.

Chairman Eusebio Tanco assured investors that the company’s operating performance and regulatory standing remain stable, with financial results tracking in line with expectations. “DigiPlus remains focused on disciplined capital allocation and long-term value creation,” he said.

The Philippine gaming sector has faced heightened scrutiny in recent years, with regulators tightening rules on online platforms to address concerns over consumer protection and financial integrity.

The company saw a 59 percent drop in net income for the third quarter, to PHP1.71 billion ($29.1 million). Revenue for the period contracted 23 percent year-on-year to PHP19.05 billion ($325 million), while EBITDA fell 55 percent to PHP2 billion ($34.1 million). The company attributed the declines to ‘temporary disruptions in player activity and transaction volumes’, after the Bangko Sentral ng Pilipinas (BSP) ordered e-wallet providers in August to delink in-app access to licensed gaming sites.

Nelson Moura
Nelson Mourahttp://agbrief.com
Editor and reporter with 10 years of experience in Greater China, namely Taiwan and Macau, in printed and online media, with a focus on finance, gaming, politics, crime, business and social issues.

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