Philippine gaming operator DigiPlus Interactive Corp. recently submitted three license applications to the Western Cape Gambling and Racing Board in South Africa, marking a new phase in the company's global expansion strategy. These applications include a national manufacturer's license, a gaming company license, and a business premises license, aimed at expanding the South African online gaming market.
Global Expansion Strategy
DigiPlus has been actively advancing its international layout, targeting South Africa as the next key market after successfully entering the Brazilian market. The company considers South Africa to be one of the world's most promising regulated online gaming markets and plans to leverage its experience in product innovation, responsible gaming, and player protection, combined with localized operational strategies, to develop this emerging African market.
South African Market Development Plan
DigiPlus has officially submitted three license applications to the Western Cape Gambling and Racing Board. The company's chairman, Eusebio Tanco, stated that this application is an important milestone in the company's global growth strategy, and the company is confident in introducing its mature operational model to South Africa, one of the most dynamic economies in Africa.
Brazilian Market Progress and Performance
On September 22 this year, DigiPlus officially launched the international brand GamePlus in Brazil. The Brazilian gaming market has shown strong growth potential, with total revenues reaching $3.2 billion in the first half of 2025, providing a positive performance reference for DigiPlus's international expansion.
Stock Repurchase and Financial Operations
As a demonstration of confidence in long-term development, DigiPlus recently initiated a 6 billion peso stock repurchase plan. This move occurs against the backdrop of the Philippine Congress pushing for stricter online gaming regulation, showing the company's positive expectations for business prospects.
Business Structure and Subsidiaries Overview
DigiPlus operates through several subsidiaries, including Blue Chip Gaming and Leisure Corp., First Cagayan Leisure and Resort Corp., and LR Data Center Solutions Inc. The company's business scope covers gaming services, data center solutions, hotel and real estate development, and other areas.
Stock Market Performance and Investor Reaction
In the capital market, DigiPlus's stock price closed at 24.80 pesos per share on September 24, up 0.81% from the previous trading day. This performance reflects the market's attention to and reaction to the company's recent development trends.
