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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.

Summary by Inquirer
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…

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TFD broke the news in on Thursday, July 3, 2025.
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