Online gambling giant DigiPlus Interactive Corp. reported higher second-quarter core earnings from the previous quarter despite softer gaming revenue, while introducing a profitability measure it said better reflects the performance of its gaming business.
Online gambling giant DigiPlus Interactive Corp. is seeking to enter New Zealand, marking its third overseas target as it accelerates its international expansion beyond the Philippines.
The Philippine online gambling industry is entering what could be its most consequential phase yet, with tighter licensing standards, supplier accreditation requirements and stricter responsible gaming rules expected to trigger further consolidation through the rest of 2026, according to a new white paper by gaming advisory firm Arden Consult.
Tycoon Kevin Tan-backed Newport World Resorts has tapped PhilWeb Corp. to power its online gambling expansion, giving the listed gaming technology firm its second major integrated resort partner in Metro Manila.
The Philippine-listed gaming company has joined the Brazilian Institute for Responsible Gaming (IBJR), whose members represent more than 60 percent of Brazil’s regulated online betting market.
Shares of tycoon Enrique Razon Jr.-backed Bloomberry Resorts Corp. surged 22.11 percent on Monday after investors cheered the casino operator’s biggest digital gaming investment yet, boosting hopes that online gambling will become a bigger earnings driver.
Lance Gokongwei has joined the board of PhilWeb Corp., cementing his commitment after agreeing to invest about P2 billion in the fast-rising gaming technology company.
Listed PhilWeb Corp. has landed one of the world’s biggest online casino content providers as it accelerates its transformation to a leading digital gambling technology platform.
The appointment places a gaming law expert at the helm of PhilWeb's governance oversight as the company pursues expansion in regulated online gaming and digital technology services. The move also signals continued emphasis on board independence and regulatory compliance following the firm's change in control earlier this year.