It's "Business as Usual," Says Battered DigiPlus
PHILIPPINES, JUL 4 – Shares plunged after Brazil increased online gambling taxes by 50% amid early legislative efforts to regulate the sector, with DigiPlus down nearly 50% from its recent peak.
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It's "business as usual," says battered DigiPlus
MANILA, Philippines — It’s business “as usual” for DigiPlus Interactive Corp., the leading online gaming firm said, despite the recent selldown of its stocks as investors priced in heightened regulatory risks. In a letter to the Philippine Stock Exchange (PSE) on Thursday night, DigiPlus acknowledged that the recent price movement had been triggered by the filing of the Online Gambling Regulatory bill and Online Gambling Prohibition bills at the…
·Manila, Philippines
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Total News Sources3
Leaning Left2Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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