Key Moments:
- DigiPlus reported a 59 percent year-on-year drop in third quarter net income, falling to PHP1.71 billion (US$29.1 million).
- Revenue for the first nine months of 2025 increased by 30 percent year-on-year, reaching PHP66.83 billion (US$1.14 billion).
- Payment innovations and partnerships were introduced as DigiPlus adapted to regulatory challenges and strengthened compliance.
Quarterly Earnings Hit by Regulatory Shifts
DigiPlus Interactive Corp., the operator of platforms such as BingoPlus, ArenaPlus, and GameZone, experienced a sharp downturn in its third quarter net income, which dropped by 59 percent to PHP1.71 billion (US$29.1 million). This decline followed a directive issued in August 2025 by the Bangko Sentral ng Pilipinas, which required e-wallet providers to remove app-based access to licensed gambling services. The regulatory move, aimed at mitigating consumer financial risk, caused a significant, though temporary, disruption in DigiPlus’s player engagement and transaction volumes.
Combining metrics year-on-year, DigiPlus saw its revenue decrease by 23 percent to PHP19.05 billion (US$325 million) in the latest quarter, while EBITDA was cut by 55 percent to PHP2 billion (US$34.1 million). According to preliminary data from the Philippine Amusement and Gaming Corp. (PAGCOR), a nearly 50 percent drop in online gaming transactions occurred between August 17 and 19 as a direct result of the regulatory intervention.
Long-Term Growth Remains Resilient
Despite third quarter setbacks, DigiPlus recorded strong operational performance for the first nine months of 2025. Net income over this period grew 16 percent year-on-year, amounting to PHP10.11 billion (US$172.5 million). Total revenue advanced by 30 percent to PHP66.83 billion (US$1.14 billion), and EBITDA improved by 19 percent to PHP11.13 billion (US$189.9 million). DigiPlus attributed these positive results to ongoing innovation in product offerings and enhanced operational efficiency earlier in the year.
| Period | Net Income | Revenue | EBITDA |
|---|---|---|---|
| Q3 2025 | PHP1.71B (US$29.1M) | PHP19.05B (US$325M) | PHP2B (US$34.1M) |
| First 9 Months 2025 | PHP10.11B (US$172.5M) | PHP66.83B (US$1.14B) | PHP11.13B (US$189.9M) |
Expanded Tax Outlays and Compliance Initiatives
In the initial nine months of 2025, DigiPlus contributed PHP25.59 billion (US$437 million) in government taxes and regulatory fees, marking a 9 percent increase over the previous year. However, these payments dipped 26 percent quarter-on-quarter in the third quarter, totaling PHP7.17 billion (US$122.5 million), largely due to the drop in gaming activity stemming from regulatory changes.
To adapt to the new regulatory environment, DigiPlus rolled out several strategic initiatives. The company introduced the Philippines’ first surety bond program for online gamblers, achieved through a partnership with Philippine First Insurance Co. Inc. This initiative equips approved player wallets with up to PHP1 million (US$17,000) in financial coverage. Additionally, DigiPlus signed a collaboration with CIS Bayad Center Inc., enabling nationwide over-the-counter transactions. These strengthened payment options support DigiPlus’s commitment to customer care, further enhanced by round-the-clock support and a wide network of more than 130 BingoPlus retail outlets across the country.
Leadership Focus and Industry Adaptation
Tanco added that DigiPlus is committed to continued digital innovation, further strengthening its player protection measures, and practicing sound corporate governance while pursuing responsible expansion into new markets.
The company’s recent quarterly performance has been shaped by higher regulatory scrutiny in the Philippine online gaming sector, as authorities concentrate on balancing industry expansion with consumer financial safeguards. While transaction volumes have decreased in the immediate term, DigiPlus’s initiatives toward compliance, service enhancements, and product diversification position it well for long-term viability. The group’s proactive adjustment to regulatory reforms underscores how industry players are working to maintain customer trust and ensure sustainability within a more closely monitored landscape.
- Author
Daniel Williams
