{"id":777010911,"date":"2023-11-07T07:54:26","date_gmt":"2023-11-07T10:54:26","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777010911"},"modified":"2026-04-22T16:26:46","modified_gmt":"2026-04-22T19:26:46","slug":"digiplus-posts-net-income-of-us37-5m-for-first-nine-months-of-the-year","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/digiplus-posts-net-income-of-us37-5m-for-first-nine-months-of-the-year","title":{"rendered":"DigiPlus posts net income of US$37.5m for first nine months of the year"},"content":{"rendered":"\n

DigiPlus has reported a tenfold increase in net income.<\/p>\n\n\n\n\n\n\n\n

The Philippines.-\u00a0DigiPlus Interactive Corp\u00a0<\/strong>(previously\u00a0Leisure and Resorts World Corporation<\/a>) has reported net income of PHP2.1bn (US$37.5m) for the first nine months of the year. The company attributed the ten-fold growth to the performance of its digital retail gaming segment, the launch of new offerings and cost efficiencies as it scales its operations.<\/p>\n\n\n\n

DigiPlus’s revenues for the first three quarters nearly tripled, reaching PHP16bn (US$286m). This was driven by higher traffic for its live-streaming bingo game, BingoPlus, and digital sports betting through ArenaPlus.\u00a0BingoPlus was launched last year after\u00a0PAGCOR\u00a0<\/strong>approved the\u00a0AB Leisure division\u2019s request<\/a>\u00a0to begin operations as an electronic games system service provider.<\/p>\n\n\n\n

EBITDA rose 390 per cent from the previous year, amounting to PHP 2.5bn (US$44.7m). For the third quarter of the year, the company posted net income of PHP1bn (US$179.9m), up 132 per cent year-on-year. Revenue reached PHP7bn (US$125m), up 144 per cent, and EBITDA rose 123 per cent to PHP1.3bn (US$23.2m).<\/p>\n\n\n\n

A week ago, DigiPlus agreed to acquire 100 per cent of its non-direct subsidiary, Gamemaster Integrated<\/a> to restructure its operations. It will acquire 1.25 million shares at PHP100 each for a total transaction value of PHP125m (US$2.2m). These shares will be procured from a subsidiary of AB Leisure Global Inc., a wholly-owned subsidiary.<\/p>\n\n\n\n

The group said it will develop and operate a new digital gaming platform offering a variety of card games. DigiPlus said it will consolidate its digital gaming platforms into direct subsidiaries to enhance efficiencies and synergies. The group noted that it is \u201cexpanding its product offerings to cater to a broader range of demographics and lifestyle preferences\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"

DigiPlus has reported a tenfold increase in net income.<\/p>\n","protected":false},"author":176,"featured_media":32939,"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 has reported a tenfold increase in net income and nearly tripled revenues for the first nine months, driven by its digital retail gaming segment, notably BingoPlus and ArenaPlus. Concurrently, the company is executing a strategic operational restructuring, including the acquisition of Gamemaster Integrated and the consolidation of digital platforms, aimed at enhancing efficiencies and expanding its gaming verticals within the Philippine market.","focusai_entities":"DigiPlus Interactive Corp, Leisure and Resorts World Corporation, AB Leisure, BingoPlus, ArenaPlus, PAGCOR, Gamemaster Integrated, AB Leisure Global Inc.","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), compliance_legal (0.7), operator_casino (0.9), product_ux (0.7), tech_data (0.7), marketing_crm (0.7), investor_analyst (0.98), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"M&A Synergies & Timeline","query":"What specific operational synergies and cost efficiencies are projected from the Gamemaster Integrated acquisition and the broader platform consolidation initiative, and what is the anticipated timeline for their full realization and impact on the P&L?"},{"label":"Market Strategy & Regulation","query":"How does DigiPlus intend to leverage its enhanced market position and diversified gaming verticals to mitigate potential regulatory shifts or intensifying competitive pressures within the dynamic Philippine iGaming landscape?"}],"footnotes":""},"categories":[163,16333],"tags":[24370],"class_list":["post-777010911","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\/777010911","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=777010911"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010911\/revisions"}],"predecessor-version":[{"id":777041010,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010911\/revisions\/777041010"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/32939"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777010911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777010911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777010911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}