Philippines gaming technology giant DigiPlus Interactive Corp said it continues to regain momentum and is seeing some positive results from its responses to recent regulatory hurdles that have slowed the growth of the country’s eGames industry in recent months.
Pointing to disciplined execution and targeted operational initiatives across its digital gaming platforms, DigiPlus explained that it has recently accelerated efforts to transition players to its proprietary app-based platforms which it says reinforce security, accessibility and control over the overall user experience.
Having previously announced a partnership with PhilFirst Insurance to introduce a surety bond program that insures player funds and therefore provides an added layer of financial protection for players confidence, the company revealed it has also expanded its payment ecosystem by introducing new cash-in and cash-out options through BSP-accredited and leading providers Bayad and Pay&Go. This, it said, further improves convenience and accessibility for players in the wake of a recent ban on e-wallets providing links to licensed eGames operators.
“These initiatives are beginning to deliver positive results,” DigiPlus said, adding that it continues to strengthen its self-regulation efforts in anticipation of a more robust regulatory environment.
“The company is reviewing and refining its advertising and marketing materials to ensure campaigns are responsibly designed and do not inadvertently reach youth or vulnerable sectors,” it stated.
“DigiPlus is also enhancing its responsible gaming initiatives through educational campaigns, self-exclusion tools and partnerships with mental health professionals and financial literacy experts.”
DigiPlus Chairman Eusebio Tanco said, “We assure the investing public that there are no material changes to DigiPlus’ operating performance, regulatory standing or overall business outlook.
“The company continues to execute its strategy as planned, with operations and financial performance tracking in line with expectations. DigiPlus remains focused on disciplined capital allocation and long-term value creation.”
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