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Following a significant decline in net income during the third quarter of 2025, DigiPlus Interactive Corp. is working hard to recapture momentum in the fourth quarter. The Philippines-based online gaming operator saw net income plunge 59 percent to Php1.71 billion (US$29 million), which contrasted sharply with the recorded Php3.52 billion in the same period last year.
Impact of E-Wallet Delinking on Industry Activity
The contraction is largely due to the government-ordered delinking of online gambling platforms from popular e-wallet providers like GCash and Maya. Announced in mid-August, the directive required the removal of in-app icons and links that provided direct access to licensed gaming operators, leading to an evident industry slowdown in August and September.
DigiPlus President Andy Tsui acknowledged that the delinking disrupted player engagement and transaction volumes. At the same time, the customer service team of the company has been actively calling the more valued customers to try and convince them to return to the platform. Tsui added that he remains cautiously optimistic, as the last quarter is expected to be busy with the Filipinos getting year-end bonuses, which should help boost a recovery.
Investment in Payment Accessibility to Re-Engage Users
To temper the impact of restrictive access to e-wallets, DigiPlus expands its payment channels through tie-ups with payment centers like CIS Bayad Center Inc. to expand OTC funding options for users of its flagship BingoPlus, ArenaPlus, and GameZone. These efforts mean greater user convenience for its core platforms and sustaining activities while working out ways to regain momentum.
Despite the setback in the third quarter, DigiPlus realized robust performance on electronic gaming revenues that rose 17 percent to Php41.95 billion, buoyed by strong early-July activity before delinking impacted volumes.
Solid Nine-Month Performance Offers Encouragement
All in all, DigiPlus posted a strong nine-month period with a 15 percent increase in net income to Php 10.11 billion and a 30 percent rise in revenues to Php 66.83 billion. EBITDA similarly increased by 19 percent to Php 11.1 billion, reflecting the Company’s resilience amidst temporary disruptions.
Commitment to Responsible Growth and Player Protection
Chairman Eusebio Tanco has identified Digital Innovation, Responsible Gaming, and Good Corporate Governance as the cornerstones of the strategy to be pursued by DigiPlus. He cited the introduction of the country’s first surety bond program for online gaming players—a program that will provide financial cover to boost the confidence of players.
Balanced Economic Outlook for the Philippines
Tanco emphasized that despite optimism for a trading revival linked to holiday spending, economic headwinds may temper the activity in the fourth quarter compared to the earlier period. He called for collaborative actions between the government and private sectors to support broader economic stimulus.
Looking Ahead: Recovering with Strategic Focus
With DigiPlus’s increased pace of marketing and expansion of the payment ecosystem, management remains confident of returning to a growth path in the last quarter of 2025. The proactive approach in re-engaging customers and diversified funding is expected to restore momentum for the company after regulatory challenges.
DigiPlus’s experience shows the flexibility of the whole industry, treading carefully in changes in policy and reinforcing its commitment to sustainability, responsible expansion in the Philippines’ dynamic online gaming market.
Source: Gambling Insider
