{"id":777015322,"date":"2024-05-08T09:40:10","date_gmt":"2024-05-08T12:40:10","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777015322"},"modified":"2026-04-22T10:28:11","modified_gmt":"2026-04-22T13:28:11","slug":"digiplus-posts-net-income-of-us35m-for-q1","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/digiplus-posts-net-income-of-us35m-for-q1","title":{"rendered":"DigiPlus posts net income of US$35m for Q1"},"content":{"rendered":"\n<p>Net income was up by 358 per cent year-on-year.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Philippines.-\u00a0<strong>DigiPlus Interactive Corp\u00a0<\/strong>has shared its financial results for the first quarter of the year. Net income was PHP2bn (US$35m), up 358 per cent\u00a0when\u00a0compared to last year. The company attributed the growth to the performance of its digital retail gaming segment.<\/p>\n\n\n\n<p>Revenue was up 226 per cent in year-on-year terms to PHP13.6bn (US$236m).\u00a0This\u00a0was driven\u00a0by higher traffic for the live-streaming bingo game, BingoPlus, and digital sports betting through ArenaPlus.\u00a0EBITDA was up 313 per cent at PHP 2.1bn (US$37m).\u00a0<\/p>\n\n\n\n<p>BingoPlus was launched in 2022 after\u00a0<strong>PAGCOR\u00a0<\/strong>approved the\u00a0<a href=\"https:\/\/focusgn.com\/asia-pacific\/pagcor-approves-lrwc-electronic-games-system-servicehttps:\/\/focusgn.com\/asia-pacific\/pagcor-approves-lrwc-electronic-games-system-service\" target=\"_blank\" rel=\"noreferrer noopener\">AB Leisure division\u2019s request<\/a>\u00a0to begin operations as an electronic games system service provider. <\/p>\n\n\n\n<p><strong>Andy Tsui<\/strong>, president of the company, said: \u201cWe intend to sustain our growth momentum by continuing to invest in innovation and new technologies to enhance user experience and adding new digital offerings traditionally\u00a0well-loved\u00a0by Filipinos.\u00a0By delivering innovative, fun, and accessible digital offerings, we aim to continue revolutionizing the entertainment space in the Philippines.\u201d<\/p>\n\n\n\n<p>Digiplus owns 140 bingo sites in the Philippines and operates online games. In April, the company forecast\u00a0<a href=\"https:\/\/focusgn.com\/asia-pacific\/digiplus-aims-for-double-digit-revenue-growth\" target=\"_blank\" rel=\"noreferrer noopener\">a revenue increase of 10-20 per cent\u00a0for this year<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Net income was up by 358 per cent year-on-year.<\/p>\n","protected":false},"author":176,"featured_media":777013377,"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 robust Q1 financial performance, with net income surging 358% and revenue increasing 226%, primarily driven by its digital retail gaming segment, including BingoPlus and ArenaPlus. The Philippine-based operator attributes this growth to increased traffic and plans continued investment in innovation and new digital offerings to sustain market momentum.","focusai_entities":"DigiPlus Interactive Corp, AB Leisure, PAGCOR, Andy Tsui, BingoPlus, ArenaPlus","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (0.9), affiliate_publisher (0.7), product_ux (0.8), tech_data (0.8), marketing_crm (0.8), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Innovation Investment Details?","query":"What specific innovations are planned to enhance user experience and drive further digital offering adoption, particularly within the live-streaming bingo and digital sports betting verticals?"},{"label":"Market Share Impact?","query":"How does DigiPlus's Q1 performance compare to broader iGaming market trends in the Philippines, and what is the projected impact of the 10-20% revenue increase forecast on its market share and profitability for the full fiscal year?"}],"footnotes":""},"categories":[163,16333],"tags":[24370],"class_list":["post-777015322","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\/777015322","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=777015322"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015322\/revisions"}],"predecessor-version":[{"id":777015335,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015322\/revisions\/777015335"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777013377"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777015322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777015322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777015322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}