DigiPlus Interactive Corp. reported a sharp decline in its third-quarter earnings following tighter regulations that required e-wallet providers to remove online gambling features from their platforms in August.
Net income declined 59 percent to P1.71 billion, while earnings before interest, taxes, depreciation and amortization (EBITDA) fell 55 percent to P2 billion, the company said Thursday in a disclosure to the stock exchange.
Revenues also contracted 23 percent to P19.05 billion.
DigiPlus attributed the decline to the regulatory directive that temporarily disrupted player activity and transaction volumes across the online gaming industry.
Despite the setback, DigiPlus said it has taken “proactive measures to enhance player protection and customer service platforms.”
The company partnered with Philippine First Insurance Co. Inc. to launch the country’s first surety bond program for online gaming players, providing up to P1 million in financial protection per verified player wallet.
DigiPlus also teamed up with CIS Bayad Center Inc. to expand over-the-counter payment options nationwide, giving users of BingoPlus, ArenaPlus and GameZone more secure and convenient ways to manage their accounts.
For the first nine months of 2025, DigiPlus still posted a consolidated net income of P10.11 billion, up 16 percent from a year earlier, supported by strong performance in its retail games segment and contributions from new products and operational efficiencies.
“This period demonstrates DigiPlus’ resilience amid temporary setbacks. Throughout this period, we continue to focus on digital innovation, player protection and good governance,” said DigiPlus chairman Eusebio Tanco.
“As we grow our business and expand responsibly into new markets, we remain on top of upholding global corporate governance and responsible gaming standards while creating positive impact on the Filipino nation,” he said.
The company said it paid P25.59 billion in government taxes and regulatory fees during the nine-month period, up 9 percent from P23.4 billion in the same period last year.
On a quarter-on-quarter basis, DigiPlus paid P7.17 billion in taxes and fees, down 26 percent due to the impact of the e-wallet delinking directive.
