DigiPlus Suffers 20% Single-Day Loss on Gambling Ban Worries

DigiPlus backs tighter regulation of online gaming

MANILA, Philippines—As calls mount for tighter controls for online gaming, DigiPlus Interactive Corp., the Philippines’ leading digital entertainment company, expressed its strong support for balanced regulation that protects players, ensures industry accountability, and sustains the economic value generated by the legal online gaming sector.“We believe regulation is the path to player protection. It’s the only way to safeguard players, preserve…

DigiPlus suffers 20% single-day loss on gambling ban worries

MANILA, Philippines – Former stock market darling DigiPlus Interactive Corp. suffered one of its worst single-day falls on Wednesday as investors took cover amid growing calls for an online gambling ban. The Eusebio Tanco-led online entertainment platform dove by 20.4 percent to close at P27.90. This represents its second-worst day ever after its 23.87-percent free

DigiPlus requests a measured approach to the Philippines’ online gaming sector

The Philippines’ largest online gaming operator, DigiPlus Interactive Corp, is urging for ‘balanced regulation’ rather than an outright ban on the sector, noting how a strict ban would drive players beyond the regulated market. The post DigiPlus requests a measured approach to the Philippines’ online gaming sector first appeared on Asia Gaming News | AGB - Asia Gaming Brief.