There are very few gaming companies in the world that have enjoyed such explosive growth over the past two years as Philippine technology firm DigiPlus Interactive Corp.
Having reported a 263% increase in revenues in the first six months of 2024 to Php32.5 billion (US$568 million), the company recently revealed further 47% growth to Php47.8 billion (US$838 million) in 1H25, which it attributed to increased business activity and the rollout of new games and licenses approved by regulator PAGCOR.
Under the watch of Eusebio Tanco, DigiPlus – which operates digital entertainment platforms BingoPlus, ArenaPlus and GameZone – has established itself as a clear industry leader in the Philippines’ surging eGames sector, a sector that now accounts for more than half of the country’s annual GGR.
It hasn’t all been smooth sailing of course. The sudden rise in eGames has attracted plenty of negative attention, including calls by some high-profile politicians to better regulate eGames or even ban the sector altogether. In response, PAGCOR has imposed significant restrictions around advertising, while the central bank has (some would say irresponsibly) ordered the removal of all links to online gaming sites from popular payment platforms, denting revenues.
In response, DigiPlus is diversifying its income streams. Earlier this year it won a license to operate iGaming in Brazil, has submitted its application for the same in South Africa and has even been mentioned as a possible buyer of Melco Resorts’ stake in City of Dreams Manila.
