It's "business as usual," says battered DigiPlus

It’s ‘business as usual,’ says battered DigiPlus

By: - Business Features Editor / @philbizwatcher
/ 11:39 AM July 04, 2025

It's "business as usual," says battered DigiPlus

MANILA, Philippines — It’s business “as usual” for DigiPlus Interactive Corp., the leading online gaming firm said, despite the recent selldown of its stocks as investors priced in heightened regulatory risks.

In a letter to the Philippine Stock Exchange (PSE) on Thursday night, DigiPlus acknowledged that the recent price movement had been triggered by the filing of the Online Gambling Regulatory bill and Online Gambling Prohibition bills at the Senate and House of Representatives since June 30, 2025.

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The bill filed by Sen. Sherwin Gatchalian, in particular, proposes to require stricter know-your-customer rule, regulate advertising, impose a minimum top-up threshold of P10,000 (to discourage the poor from spending hard-earned money on gaming) and prevent e-wallets like GCash and Maya from acting as online payment platforms for online betting.

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READ: CBCP call, proposed curbs put PH e-gambling under scrutiny

The proposed legislation aims to enhance responsible gaming standards and strengthen regulatory oversight in the sector, DigiPlus noted.

“We highlight that the bills are still in the early stages of the legislative process and [have] not been enacted into law,” the company said.

“DigiPlus remains fully operational and committed to delivering value to our customers and shareholders.We continue to conduct business as usual and remain confident in the long-term growth potential of the company,” it added./dda

READ: Putting ‘limits to gaming access’ is an option – BSP

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