3 hours ago
1
Upgrade to High-Speed Internet for only ₱1499/month!
Enjoy up to 100 Mbps fiber broadband, perfect for browsing, streaming, and gaming.
Visit Suniway.ph to learn
Online gaming firm DigiPlus Interactive Corp. saw its third-quarter profit plunge after new government regulations forced e-wallet providers to cut off in-app access to licensed gaming platforms.
In a disclosure to the Philippine Stock Exchange, DigiPlus reported a 59 percent drop in net income to ₱1.71 billion in July to September this year. Despite the quarterly decline, profits for the first nine months of 2025 still rose 16 percent to ₱10.11 billion.
According to DigiPlus, the sharp third-quarter decrease was a consequence of tighter regulation.
In August, the Bangko Sentral ng Pilipinas (BSP) required e-wallet providers to delink in-app access to licensed online gaming platforms, which temporarily disrupted player activity and transaction volumes in the industry.
As a result of the disruption, earnings before interest, taxes, depreciation, and amortization (EBITDA) for the quarter decreased 55 percent to ₱2 billion. Revenues, meanwhile, contracted 23 percent to ₱19.05 billion.
Despite the temporary moderation in third-quarter earnings, the company maintained its overall growth momentum for the first nine months, supported by ongoing product innovation, enhanced user experience, and strengthened corporate governance.
At end-September, total revenues rose 30 percent to ₱66.83 billion from ₱51.56 billion in the same period last year.
DigiPlus said the increase was driven by heightened business activity and the rollout of new games and licenses approved by Philippine Amusement and Gaming Corp. (Pagcor).
EBITDA for the first nine months reached ₱11.13 billion, up 19 percent from ₱9.34 billion a year ago amid continued growth in its retail games segment and contributions from new product offerings and operational efficiencies.
“This period demonstrates DigiPlus' resilience amid temporary setbacks,” said DigiPlus Chairman Eusebio Tanco. “Throughout this period, we continue to focus on digital innovation, player protection, and good governance.”
He added, "As we grow our business and expand responsibly into new markets, we remain focused on upholding global corporate governance and responsible gaming standards, while creating positive impact on the Filipino nation.”
In the first nine months of 2025, DigiPlus paid ₱25.59 billion in government taxes and regulatory fees, a nine percent increase from ₱23.40 billion in the same period of 2024.
However, on a quarter-on-quarter basis, tax and regulatory fee payments totaled ₱7.17 billion, which was a 26 percent drop due to the impact of the e-wallet delinking directive.
In response, DigiPlus took proactive measures to enhance player protection and customer service platforms.
The company, in partnership with Philippine First Insurance Co. Inc., introduced the country's first surety bond program for online gaming players, providing financial protection of up to ₱1 million per verified player wallet.
DigiPlus also partnered with CIS Bayad Center Inc. to expand over-the-counter payment options nationwide, offering users of BingoPlus, ArenaPlus, and GameZone more secure and convenient ways to transact and manage their accounts.
These initiatives complement DigiPlus' existing 24/7 customer service operations and its more than 130 BingoPlus retail outlets, underscoring its commitment to delivering safe, dependable, and responsible digital entertainment.
