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Market · Wed 5 Aug · 3 min read

DigiPlus eyes New Zealand while home market shrinks

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What happened

DigiPlus Interactive reported PHP15.61 billion (USD 255 million) in gross gaming revenue for Q2 2026, down 36.8% year-on-year. The company attributed the drop to lower retail gaming revenues, citing reduced customer acquisition, engagement, and transaction activity across its digital platforms. On a sequential basis, revenue fell another 9% from Q1 2026. Profitability improved quarter-on-quarter, suggesting cost discipline is working even as the top line contracts. Alongside the earnings release, management disclosed it is exploring a bid for a New Zealand online gaming licence.

Why it matters

Sources: GGRAsia

  1. DigiPlus hires Teneo for international pushDigiPlus bringing in Teneo, a firm whose value is in navigating political and regulatory relationships, signals that its overseas expansion strategy is as much about stakeholder management as it is about market entry. With licenses already live in South Africa and Brazil, the next targets will require exactly the kind of government affairs and reputational capital that Teneo specializes in. The domestic read is also worth noting: a dominant Philippine online operator investing in international advisory firepower while the home market contracts is a clear statement about where management sees its growth ceiling. Competitors who assumed DigiPlus would remain domestically focused should update that assumption.Market · Philippines
  2. SkyCity bids for NZ online licences while exploring saleSkyCity running a structured sale review at the same time it prepares two online casino licence bids is an unusual dual-track that suggests the board is keeping its options open on ownership while still wanting to secure digital operating rights before a buyer could. New Zealand's new online gambling framework is creating first-mover licence value, and SkyCity is not willing to let a sale process cost it those positions.…Market · New Zealand
  3. DigiPlus plants flag in Brazil with IBJR membershipDigiPlus joining Brazil's gaming association under the BingoPlus brand is a meaningful internationalization move from the most successful Philippine-origin online gaming operator. Brazil's regulated betting market is one of the few jurisdictions globally with both scale and a fresh licensing framework, and IBJR membership gives DigiPlus a seat at the table for shaping responsible gambling policy before that regulation firms up. For Philippine iGaming investors, this signals that DigiPlus is positioning itself as a multi-market operator rather than a domestic champion, which changes the valuation conversation and the competitive reference set.Market