BIZ BUZZ: DigiPlus cash registers continue to ring

The game isn’t over as DigiPlus Interactive Corp. is in comeback mode with its revenues regaining strength following tighter regulations.

Although the e-wallet ban slashed its third-quarter profit, the setback was just temporary.

DigiPlus—the firm behind BingoPlus, ArenaPlus and GameZone—said Monday its online gross gaming revenues have “steadily improved,” thanks to its proactive measures to boost platform resilience and player experience.

“We assure the investing public that there are no material changes to DigiPlus’ operating performance, regulatory standing, or overall business outlook,” DigiPlus chair Eusebio Tanco said.

Tanco even noted that the group’s operations and financial performance continue to “track in line with expectations.”

“DigiPlus remains focused on disciplined capital allocation and long-term value creation,” he added.

See Also

Power spot prices edged higher in December

DigiPlus launched a surety bond program with PhilFirst Insurance to ensure player funds, adding a layer of financial protection for its clients.

Aside from this, the company is also strengthening its “self-regulation efforts,” including refining advertising and marketing materials to prevent exposure to young or vulnerable sectors.

It also rolls out educational campaigns and self-exclusion tools. DigiPlus is likewise teaming up with mental health professionals and financial literacy experts.