{"id":777008265,"date":"2023-08-16T07:37:57","date_gmt":"2023-08-16T10:37:57","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777008265"},"modified":"2026-04-22T19:00:28","modified_gmt":"2026-04-22T22:00:28","slug":"digiplus-net-income-up-51-in-q2","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/digiplus-net-income-up-51-in-q2","title":{"rendered":"DigiPlus net income up 51% in Q2"},"content":{"rendered":"\n

DigiPlus has reported net income of PHP659.6m (US$11.6m).<\/p>\n\n\n\n\n\n\n\n

The Philippines.-\u00a0DigiPlus Interactive Corp\u00a0<\/strong>(previously Leisure and Resorts World Corporation<\/a>) has shared its financial results for the second quarter of the year. It’s reported a 51 per cent quarter-on-quarter rise in net income to PHP659.6m (US$11.6m) an EBITDA was of PHP755m (US$13.3m), up 48 per cent.<\/p>\n\n\n\n

The company attributed the growth to the digital retail gaming sector and operational strategies that contributed to scaling efforts. It posted a 15 per cent quarter-on-quarter rise in revenue to PHP4.8bn (US$84.51m), mainly attributed to BingoPlus, which garnered “stronger traction, boosted by the introduction of new digital game products, including ArenaPlus.”<\/p>\n\n\n\n

BingoPlus was launched last year after\u00a0PAGCOR\u00a0<\/strong>approved the AB Leisure division\u2019s request<\/a>\u00a0to begin operations as an electronic games system service provider. <\/p>\n\n\n\n

The company’s registered user base exceeded 20 million by the end of the second quarter. It said it has plans to introduce more digital products and remains confident in its capacity to sustain the trajectory throughout the year.\u00a0<\/p>\n\n\n\n

Andy Tsui<\/strong>, president of DigiPlus, said: “We are happy to see the stronger performance of our digital platforms in the second quarter.<\/p>\n\n\n\n

“This solidifies the strategic transformation we embarked on a year ago. As we continue to scale up our brands and introduce new offerings, we are confident that we can sustain this upward trajectory for the rest of the year.”<\/p>\n\n\n\n

DigiPlus<\/a> posted revenue of PHP8.91bn for 2022, up 217 per cent year-on-year. The Retail Games business was the primary source of revenue, bringing in 91.7 per cent or PHP8.16bn (US$144.61m). <\/p>\n","protected":false},"excerpt":{"rendered":"

DigiPlus has reported net income of PHP659.6m (US$11.6m).<\/p>\n","protected":false},"author":176,"featured_media":27875,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"DigiPlus Interactive Corp reported a robust Q2 2023 financial performance, with net income rising 51% QoQ to PHP659.6m and revenue increasing 15% to PHP4.8bn. This growth is primarily driven by the strong traction of its digital retail gaming offerings, including BingoPlus and ArenaPlus, following a strategic transformation and PAGCOR approval. The company plans to introduce more digital products to sustain its upward trajectory.","focusai_entities":"DigiPlus Interactive Corp, Leisure and Resorts World Corporation, BingoPlus, ArenaPlus, PAGCOR, AB Leisure, Andy Tsui","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), compliance_legal (0.7), operator_casino (0.9), investor_analyst (0.98), supplier_vendor (0.85), journalist_researcher (0.9), product_ux (0.75), marketing_crm (0.7)","focusai_suggestions":[{"label":"Digital Vertical Strategy","query":"What specific digital product roadmap and marketing strategies are planned to sustain DigiPlus's growth trajectory and further penetrate the Philippine iGaming market, particularly concerning new gaming verticals?"},{"label":"Regulatory Compliance Impact","query":"How does PAGCOR's evolving regulatory framework for electronic games systems impact DigiPlus's operational scalability, B2B\/B2C licensing requirements, and future market expansion initiatives?"}],"footnotes":""},"categories":[163,16333],"tags":[24370],"class_list":["post-777008265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news","tag-digiplus"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777008265"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008265\/revisions"}],"predecessor-version":[{"id":777008287,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008265\/revisions\/777008287"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/27875"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777008265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777008265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777008265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}