DigiPlus Seeks Q4 Recovery After Q3 Income Drop

DigiPlus Interactive Corp., a leading Philippine online gaming operator, is preparing to regain traction in the fourth quarter after posting a sharp 59% drop in net income for Q3 2025. The company reported Php 1.71 billion (US$29 million), down from Php 3.52 billion in the same quarter last year.

Government-Mandated E-Wallet Delinking Hits Activity

The steep decline largely stems from the government’s directive to delink licensed gambling platforms from popular e-wallet providers such as GCash and Maya. Announced in mid-August, the move required operators to remove direct payment links and app icons, causing a clear slowdown in player activity in August and September.

DigiPlus President Andy Tsui acknowledged that the policy disrupted user engagement and transactions. The company’s customer service team has actively reached out to key players to encourage continued participation. Tsui remains cautiously optimistic, citing expectations for increased activity during the year-end bonus period.

Expanding Payment Options to Maintain Engagement

To mitigate the impact of limited e-wallet access, DigiPlus has broadened its payment ecosystem through partnerships with outlets like CIS Bayad Center Inc., offering over-the-counter funding options for players of BingoPlus, ArenaPlus and GameZone. This move is designed to ensure smoother access and sustain user engagement while the company navigates regulatory constraints.

Despite the temporary setback, electronic gaming revenue rose 17% to Php 41.95 billion, buoyed by strong performance before the delinking took effect.

Solid Nine-Month Performance Highlights Resilience

DigiPlus’s nine-month results underscore the company’s resilience. Net income increased 15% to Php 10.11 billion, revenues jumped 30% to Php 66.83 billion, and EBITDA rose 19% to Php 11.1 billion. These figures reflect strong operational fundamentals despite temporary regulatory disruption.

Focus on Responsible Growth and Player Confidence

Chairman Eusebio Tanco emphasized the company’s commitment to Digital Innovation, Responsible Gaming and Good Corporate Governance. He highlighted the launch of the Philippines’ first online gaming surety bond program, aimed at providing financial cover and strengthening player confidence.

Outlook for the Philippines Market

Tanco noted that although year-end trading is expected to support recovery, economic headwinds may limit the pace of growth. He called for coordinated efforts between the private sector and government to stimulate the broader economy.

Strategic Plans to Regain Momentum

DigiPlus aims to restore growth by expanding marketing efforts and the payment ecosystem, enhancing user convenience and proactively re-engaging customers. These initiatives are designed to stabilize revenue streams and position the company for a strong close to 2025.

DigiPlus’s experience highlights the agility of the Philippine online gaming sector, demonstrating adaptability to policy changes while maintaining a focus on responsible growth and long-term sustainability.