DigiPlus Interactive Corp is a major player in the digital gaming industry, giving players and stakeholders the assurance that its operations are unaffected by the recent general prohibition on Philippine Offshore Gaming Operators (POGO), which is an important change for the gaming business in the Philippines.
Following President Ferdinand Marcos Jr.'s proclamation during his State of the Nation Address (SONA), which ordered the closure of all POGO operations in the nation, comes this announcement. Concerns about POGOs being connected to illegal activities like money laundering, human trafficking, and Internet scams led to the ban, which has severely impacted the sector. To ensure its continuous operations, DigiPlus Interactive Corp. has emphasized that it does not fit under the POGO category.
DigiPlus Interactive Corp., known for its 24/7 online bingo platform BingoPlus, has made it clear that it operates under a different set of regulations than POGOs. The company's president, Andy Tsui, emphasized in a statement, "DigiPlus is not a POGO or an Internet Gaming Licensee as defined under Philippine laws." This distinction is crucial as it sets DigiPlus apart from entities affected by the recent ban.
Unlike POGOs, which primarily cater to online gambling without physical locations in the Philippines, DigiPlus operates a hybrid model that combines both digital and physical presence. This model includes over 140 physical sites across the country, supporting its online bingo streaming platform, BingoPlus. This physical presence is a key factor in why DigiPlus is not categorized as a POGO.
Furthermore, DigiPlus holds various licenses to operate a wide range of gaming services including traditional bingo, electronic bingo games, egames online casino services, sports betting, specialty games, and poker. These licenses are granted under a different regulatory framework, allowing the company to continue its operations without interruption.
The POGO ban has sent shockwaves through the gaming industry, particularly among operators whose business models rely solely on online platforms. The ban is part of the government's broader effort to combat illegal activities associated with POGOs, which have been under scrutiny for their involvement in various criminal enterprises. This move has raised concerns among industry stakeholders about the potential ripple effects on the broader gaming sector.
However, DigiPlus Interactive Corp.'s announcement serves as a reassurance to local gaming enthusiasts and investors. The company’s diversified portfolio, which includes platforms like BingoPlus and ArenaPlus, allows it to operate within the bounds of Philippine law, thereby avoiding the regulatory challenges faced by POGOs.
DigiPlus Interactive Corp.'s ability to navigate the complexities of the gaming industry is evident in its robust business strategy. The company's commitment to innovation and technology is a driving force behind its resilience. As Andy Tsui mentioned, "Fans of DigiPlus’ products will be glad to know that their top-of-the-line platforms will continue running without interruption, unaffected by the recent presidential announcement."
This resilience is further demonstrated by DigiPlus's ambitious growth plans. The company has set its sights on expanding its user base, with expectations of attracting an additional 5 million to 10 million registered users within the year. This growth is supported by the launch of new games and the diversification of its digital content portfolio. Currently, DigiPlus boasts a player base of around 20 million, a number that is expected to rise significantly with these new initiatives.
To support this expansion, DigiPlus has earmarked P1.5 billion to P2 billion for capital expenditures this year. A significant portion of this investment will be directed toward technology and game development, ensuring that the company remains at the forefront of the digital gaming industry. Additionally, DigiPlus is exploring the integration of digital content, such as movies and sports news, into its platform as a value-added service, further enhancing the user experience.
As DigiPlus continues to solidify its position in the gaming industry, platforms like OKBet are becoming increasingly popular among bettors. OKBet, known for its secure and user-friendly interface, offers a wide range of betting options, including legit sports betting, casino games, and eSports. The platform's commitment to providing a safe and enjoyable betting experience makes it a go-to choice for many players.
For those who enjoy online bingo, OKBet provides an excellent alternative, offering a variety of bingo games that cater to different preferences. Whether you are a seasoned player or new to online bingo, OKBet's platform ensures a seamless and exciting gaming experience. Moreover, with the recent POGO ban, OKBet stands out as a reliable option for players looking for legal and regulated gaming platforms in the Philippines.
The digital gaming landscape in the Philippines is rapidly evolving, with companies like DigiPlus Interactive Corp. leading the way. The POGO ban, while disruptive for some, has highlighted the importance of operating within the legal framework and maintaining transparency in business operations. For DigiPlus, this has not only been a matter of compliance but also a strategic advantage.
As the company continues to expand its offerings and enhance its platform, it is poised to play a significant role in shaping the future of digital gaming in the Philippines. The integration of new content and services, coupled with a focus on user experience, will likely attract a growing number of players to its platforms.
For players and stakeholders, the message is clear: DigiPlus Interactive Corp. is here to stay, and its operations remain robust and unaffected by the recent changes in the regulatory environment. With its commitment to innovation and customer satisfaction, DigiPlus is set to continue its growth trajectory, offering exciting and secure gaming experiences to millions of players across the country.
In conclusion, DigiPlus Interactive Corp.'s proactive approach and strategic positioning have enabled it to weather the storm brought about by the POGO ban. The company's assurance of uninterrupted operations is a testament to its strong foundation and commitment to its players and stakeholders. As the online casino Philippines continues to evolve, DigiPlus remains a key player, offering top-of-the-line platforms that cater to a diverse range of gaming enthusiasts.
For those looking to explore the world of online gaming, platforms like OKBet provide a safe and regulated environment where you can enjoy a variety of betting options. With the backing of companies like DigiPlus Interactive Corp., the future of digital gaming in the Philippines looks promising, offering endless opportunities for entertainment and engagement.
OKBet assures their loyal customers that the POGO ban won’t affect the platform at all, pointing out that it’s regulated by PAGCOR. Kindly check OKBet’s social media account for updates.
