{"id":777020780,"date":"2024-11-18T09:01:26","date_gmt":"2024-11-18T12:01:26","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777020780"},"modified":"2026-04-22T04:08:53","modified_gmt":"2026-04-22T07:08:53","slug":"gambling-in-the-philippines-digiplus-says-no-definitive-plan-to-acquire-casinoplus","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/gambling-in-the-philippines-digiplus-says-no-definitive-plan-to-acquire-casinoplus","title":{"rendered":"Gambling in the Philippines: DigiPlus says no definitive plan to acquire CasinoPlus"},"content":{"rendered":"\n

There has been speculation about an imminent deal that would change the Philippine online gaming industry.<\/p>\n\n\n\n\n\n\n\n

The Philippines.- DigiPlus Interactive has stated in an announcement to the Philippine Stock Exchange that it has no definite plans to purchase the online gaming provider CasinoPlus. \u201cAcquisitions have always been in the Company’s plan as part of its strategic expansion. However, there are no definitive plans at this time,” it said.<\/p>\n\n\n\n

The statement comes after Bilyonaryo.com reported that the company was looking to buy CasinoPlus in a “mega-deal which could completely change the game for the Philippine online gaming industry”. According to the site, DigiPlus and Casino Plus would have a combined monthly revenue of PHP10bn (US$170.4m). As reported by GGRAsia, CasinoPlus possesses a gaming licence for the integrated resort (IR) Hotel Stotsenberg and Casino in Clark, two hours north of Manila. <\/p>\n\n\n\n

DigiPlus’s results for the first nine months of the year showed net income of PHP8.85bn (US$159.3m), up 314 per cent\u00a0when\u00a0compared to the same period last year. The company attributed the growth to the performance of its digital retail segment combined with the introduction of new product offerings and cost efficiencies.<\/p>\n\n\n\n

Revenue was up 223 per cent in year-on-year terms to PHP15.98bn (US$287.64m).\u00a0EBITDA was up 271 per cent to PHP9.34bn (US$168.12m). For the third quarter, DigiPlus posted net income of PHP3.52bn (US$63.36m), up 247 per cent in year-on-year terms. Revenue was up 171 per cent year-on-year to PHP19bn (US$342m), mainly due to higher user traffic and new game offerings. EBITDA rose 206 per cent year-on-year to PHP3.83bn (US$68.94m).<\/p>\n\n\n\n

See also: <\/strong>Belle Corp\u2019s gaming segment revenue down 16.6% in first 9 months of the year<\/a><\/p>\n\n\n\n

Eusebio Tanco, DigiPlus chairman, said: \u201cAs DigiPlus increasingly reaches steady-state growth coming from exponential expansion since our digital pivot in 2022, we intend to cement our market leadership through focused research and development efforts to strategically develop culturally relevant games that resonate with Filipino audiences.\u201d<\/p>\n\n\n\n

In September, DigiPlus launched\u00a0Pinoy Drop Ball, the first live-streamed dropball in the country. It also introduced\u00a0Super Ace Jackpot, a new electronic gaming product.<\/p>\n\n\n\n

See also:<\/strong> Casinos in the Philippines: GGR up 37.5% for Q3<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

There has been speculation about an imminent deal that would change the Philippine online gaming industry.<\/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 has denied definitive plans to acquire online gaming provider CasinoPlus, despite market speculation regarding a potential \"mega-deal\" in the Philippine iGaming sector. While M&A remains a strategic objective for DigiPlus, the company clarified to the Philippine Stock Exchange that no immediate acquisition is underway. This announcement follows DigiPlus's robust financial performance, reporting significant year-on-year growth in net income, revenue, and EBITDA, driven by its digital pivot and new product introductions.","focusai_entities":"DigiPlus Interactive, CasinoPlus, Bilyonaryo.com, GGRAsia, Hotel Stotsenberg and Casino, Belle Corp, Eusebio Tanco","focusai_location":"Philippines, Clark, Manila","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), operator_casino (0.9), affiliate_publisher (0.7), product_ux (0.7), marketing_crm (0.75), investor_analyst (0.98), supplier_vendor (0.85), journalist_researcher (0.9)","focusai_suggestions":[{"label":"DigiPlus M&A Strategy","query":"Given DigiPlus's stated strategic intent for acquisitions, what specific market segments or technological capabilities are they likely targeting for future M&A, and how might this impact their current B2C licensing portfolio and governance frameworks?"},{"label":"Philippine Market Consolidation","query":"Beyond the CasinoPlus speculation, what are the broader implications for market consolidation within the Philippine iGaming sector, considering the robust GGR growth reported by operators like DigiPlus and the existing regulatory frameworks for IR-linked online gaming?"}],"footnotes":""},"categories":[157,16333],"tags":[24370],"class_list":["post-777020780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news","tag-digiplus"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777020780","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=777020780"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777020780\/revisions"}],"predecessor-version":[{"id":777020784,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777020780\/revisions\/777020784"}],"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=777020780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777020780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777020780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}