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Saturday, September 7, 2024

DigiPlus denies being affected by POGO ban

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DigiPlus Interactive Corp., a digital gaming company, said Wednesday its operations would not be affected by the order of President Ferdinand Marcos Jr. to ban all Philippine offshore gaming operators (POGOs) in the country.

Digiplus said in a statement it is a localized digital gaming company that caters to customers based in the Philippines. It also has physical branches around the country.

“DigiPlus is not a POGO or an internet gaming licensee (IGL) as defined under Philippine laws,” DigiPlus president Andy Tsui said.

The company said local gaming operators like DigiPlus are required to have physical gaming sites within the country before they could set up their digital gaming platforms so all of its clients within the Philippine territory could access their services.

It also offers digital entertainment platforms BingoPlus, ArenaPlus, Perya Game and BingoPlus Poker. Its offerings are designed for Filipinos, featuring traditional games that are well-loved by the locals, the company said.

It said that aside from digital games the company also secured different licenses to operate the traditional bingo, electronic bingo games, electronic gaming services, sports betting, specialty games and poker..

“As such, local gaming enthusiasts need not worry. 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,” Tsui said.

The company earlier said it remained committed to driving innovation and contributing to the country’s economic growth and social development.

DigiPlus said that in 2023, it paid P13.1 billion in taxes to the government. It also provides jobs to over 2,000 employees across the country.

It also allocated over P100 million towards corporate social responsibility projects under BingoPlus Foundation.

President Ferdinand Marcos Jr. ordered the ban on POGOs in his third State of the Nation Address, citing rampant crimes and abuses related to POGO operations.

Share prices of listed gaming and property firms declined Tuesday, while the stock of DigPlus was unchained.

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