The company was recently awarded a Brazilian gaming licence.<\/p>\n\n\n\n\n\n\n\n
The Philippines.- DigiPlus Interactive<\/strong> has announced that its registered users doubled last year. Chairman Eusebio Tanco<\/strong> said it had 40 million registered users by the end of the year, up from 20 million at the end of 2023.<\/p>\n\n\n\n Tanco expressed confidence that the company will keep growing its user base, especially since it has been granted a gaming licence in Brazil<\/a> but said the pace may not be so fast.<\/p>\n\n\n\n DigiPlus Interactive<\/strong>\u00a0received two awards at the Asia Pacific Enterprise Awards (APEA) 2024: the\u00a0Corporate Excellence Award\u00a0<\/strong>and\u00a0<\/strong>the\u00a0Fast Enterprise Award<\/strong>. In November, the company and its social development branch,\u00a0BingoPlus Foundation<\/strong>, launched a\u00a0campaign to educate Filipino players<\/a>\u00a0about responsible gaming, which has now been backed by the launch of\u00a0<\/strong>three short films<\/a>\u00a0to encourage responsible gaming choices.<\/p>\n\n\n\n DigiPlus posted a net income of PHP8.85bn (US$159.3m) <\/strong>for the first nine months of the year 2024. That\u2019s a rise of 314 per cent when compared to 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). EBITDA was up 271 per cent to PHP9.34bn (US$168.12m).<\/p>\n","protected":false},"excerpt":{"rendered":" The company was recently awarded a Brazilian gaming licence.<\/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 reported robust financial performance for the first nine months of 2024, with net income surging 314% and revenue increasing 223%, driven by its digital retail segment and new product offerings. The company also doubled its registered user base to 40 million and secured a gaming licence in Brazil, signaling strategic market expansion. Concurrently, DigiPlus received two Asia Pacific Enterprise Awards and launched a responsible gaming campaign in the Philippines.","focusai_entities":"DigiPlus Interactive, Eusebio Tanco, BingoPlus Foundation, Asia Pacific Enterprise Awards (APEA)","focusai_location":"Philippines, Brazil","focusai_target_profile":"ceo_executive (1.0), regulator (0.8), compliance_legal (0.9), operator_casino (0.9), affiliate_publisher (0.7), product_ux (0.7), tech_data (0.7), marketing_crm (0.9), payments_fraud_aml (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (1.0)","focusai_suggestions":[{"label":"Brazil Market Entry Strategy","query":"What specific B2C market entry strategies and product localization efforts does DigiPlus Interactive plan for the newly licensed Brazilian iGaming market, and what are the projected GGR contributions?"},{"label":"Sustaining User Growth","query":"Given the Chairman's comment on a potentially slower pace, what are DigiPlus Interactive's key initiatives to sustain user acquisition and retention beyond the recent doubling, particularly in competitive markets?"}],"footnotes":""},"categories":[157,16333],"tags":[24370],"class_list":["post-777022353","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\/777022353","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=777022353"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777022353\/revisions"}],"predecessor-version":[{"id":777022371,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777022353\/revisions\/777022371"}],"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=777022353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777022353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777022353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}