HomeNewsPhilippinesDigiPlus backs tighter online gaming rules, addresses stock movement amid regulatory speculation

DigiPlus backs tighter online gaming rules, addresses stock movement amid regulatory speculation

Philippine-listed online gaming firm DigiPlus Interactive Corp. has expressed strong support for tighter regulations in the country’s iGaming industry, while attributing recent volatility in its share price to market speculation over pending legislation in Congress.

In a statement, DigiPlus affirmed that it welcomes “smart and balanced” rules that enhance player protection, ensure operator accountability, and preserve the economic contributions of the legal online gaming sector. The company operates several prominent platforms, including BingoPlus, ArenaPlus, and GameZone.

“We believe regulation is the path to player protection. It’s the only way to safeguard players, preserve jobs, and close the door on illegal, underground platforms that operate without any oversight,” said DigiPlus chairman Eusebio Tanco.

The company voiced support for updated legislation targeting illegal operators with harsher penalties and establishing clearer standards for advertising and promotions. DigiPlus emphasized that many of the safeguards being proposed by lawmakers and advocacy groups are already embedded in its operations.

Philippines BingoPlus PIGO Gambling

Since November 2024, DigiPlus has implemented responsible gaming measures across its platforms, including government ID verification, age gating, deposit limits, self-exclusion options, and cooling-off periods. The company also complies with existing advertising restrictions and is adjusting its marketing practices in line with emerging government guidance.

“These measures are not reactions to regulatory pressure,” DigiPlus stated. “They are part of a multi-year strategy to build a responsible gaming ecosystem.”

Tanco said the Philippines has the opportunity to become a regional model for safe, transparent online gaming. “We are ready to work hand-in-hand with regulators, legislators, and community groups to make that vision real,” he added.

In a disclosure dated July 18th, 2025, DigiPlus responded to a letter from the Capital Markets Integrity Corporation (CMIC) regarding an unusual movement in its share price. The company attributed the fluctuation to investor speculation following the recent filing of the Online Gambling Regulatory bill and an opposing Online Gambling Prohibition bill in both chambers of Congress. These proposals, submitted since June 30th, 2025, remain in the early stages of the legislative process and have not yet been enacted into law.

Digiplus Interactive, Philippines

“The Company remains fully operational and committed to delivering value to our customers and shareholders,” DigiPlus said in its reply. “We continue to conduct business as usual and remain confident in the long-term growth potential of the Company.”

The firm also warned policymakers about the risks of a total ban on online gaming. “The experience of other countries has shown that banning licensed platforms does not eliminate demand,” it stated. “Instead, users are pushed into unregulated black markets with no protections, no taxes, and no accountability.”

In contrast, a regulated environment can generate billions in government revenue and support over 40,000 jobs across technology, entertainment, compliance, and other fields, the company noted.

“As a homegrown company listed on the Philippine Stock Exchange and now expanding into global markets, DigiPlus stands ready to be part of the solution: protecting consumers, upholding public trust, and sustaining responsible innovation,” the company said.

Frank Schuengel
Frank Schuengel
Frank Schuengel is an online gambling industry veteran with over twenty years of experience in Europe and Asia. Equally at home in the Isle of Man and the Philippines, he started his career as a sports trader before setting up and running whole operations, and more recently focusing on the regulatory and licensing side of things in the worlds of fiat and crypto eGaming. When he is not writing about gambling topics, he can be found cycling around Manila and advocating sustainable transport solutions for a Philippines based mobility magazine.

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