{"id":120399,"date":"2025-11-07T11:28:20","date_gmt":"2025-11-07T11:28:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/120399\/"},"modified":"2025-11-07T11:28:20","modified_gmt":"2025-11-07T11:28:20","slug":"digiplus-profit-up-16-percent-in-9-months-down-59-percent-in-q3","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/120399\/","title":{"rendered":"DigiPlus profit up 16 percent in 9 months, down 59 percent in Q3"},"content":{"rendered":"


\n \"Eusebio
\n <\/a><\/p>\n

Eusebio Tanco\u00a0<\/p>\n

DigiPlus chair\u00a0<\/p>\n

Online gambling leader DigiPlus Interactive Corp. hit a speed bump in the third quarter of 2025, with net income plunging 59 percent to P1.7 billion as tighter online gaming rules disrupted its platforms.<\/p>\n

The slump followed a strong first nine months, when profit still managed to climb 16 percent to P10.1 billion and revenues surged 30 percent to P66.8 billion on the back of new Philippine Amusement and Gaming Corp.-approved games and licenses.<\/p>\n

The BSP\u2019s delinking order for mobile wallets hit online gaming activity. \u00a0<\/p>\n

Third-quarter EBITDA fell 55 percent to P2.0 billion, while revenues contracted 23 percent to P19.05 billion during the quarter. \u00a0<\/p>\n

Management\u2019s view<\/p>\n

\u201cThis period demonstrates DigiPlus\u2019 resilience amid temporary setbacks. Throughout this period, we continue to focus on digital innovation, player protection, and good governance,\u201d DigiPlus chair Eusebio Tanco\u00a0said in a statement on Thursday.<\/p>\n

\u201cAs 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,\u201d he added.<\/p>\n

Analysts\u2019 view<\/p>\n

Alfred Benjamin R. Garcia, research head at AP Securities, noted that DigiPlus is running behind its full-year forecast, with earnings at 61.5 percent of the year-end projection. \u00a0<\/p>\n

Still, he observed that DigiPlus\u2019 revenues fared better than the roughly 50 percent decline projected for the industry by Pagcor.\u00a0<\/p>\n

AP Securities has a \u201cbuy\u201d rating on the stock, with a price target of P36.90 per share.\u00a0<\/p>\n


\n \"Alfred
\n <\/a><\/p>\n

Alfred Benjamin R. Garcia<\/p>\n

AP Securities research head\u00a0<\/p>\n

Government payments rise<\/p>\n

DigiPlus said government payments reached P25.6 billion in the nine-month period, up 9 percent year-on-year, though its third-quarter remittances fell 26 percent.<\/p>\n

DigiPlus responded swiftly to regulatory headwinds by reinforcing consumer safeguards. \u201cIn response, DigiPlus took proactive measures to enhance player protection and customer service platforms,\u201d the company said.<\/p>\n

\u201cIn partnership with Philippine First Insurance Co. Inc., the company introduced the country\u2019s first surety bond program for online gaming players, providing financial protection of up to P1 million per verified player wallet,\u201d it added.<\/p>\n

Share price under pressure<\/p>\n

DigiPlus shares slipped 2.44 percent to P24 each as of this writing.<\/p>\n

The milestone capped DigiPlus\u2019 rapid rise as one of the market\u2019s most traded and valuable stocks, following its inclusion in the Philippine Stock Exchange Index (PSEi) on August 18, 2025. The inclusion was based on the company\u2019s market capitalization, liquidity, and compliance with the PSE\u2019s index eligibility criteria.<\/p>\n

\u2014Edited by Miguel R. Camus\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Eusebio Tanco\u00a0 DigiPlus chair\u00a0 Online gambling leader DigiPlus Interactive Corp. hit a speed bump in the third quarter…\n","protected":false},"author":2,"featured_media":120400,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[85,46,321,125],"class_list":{"0":"post-120399","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mobile","8":"tag-il","9":"tag-israel","10":"tag-mobile","11":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/120399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=120399"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/120399\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/120400"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=120399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=120399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=120399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}