CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER
1. Date of Report (Date of earliest event reported)
Nov 21, 2024
2. SEC Identification Number
13174
3. BIR Tax Identification No.
000-108-278-000
4. Exact name of issuer as specified in its charter
DigiPlus Interactive Corp.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7. Ecoprime Building, 32nd Street corner Ninth Avenue, Bonifacio Global City, Taguig CityPostal Code1635
8. Issuer's telephone number, including area code
(632) 8634-5099
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class
Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Stock; Php1.00 par value
4,407,659,178
11. Indicate the item numbers reported herein
Item 9
The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
DigiPlus Interactive Corp.PLUS
PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C) Section 4.4 of the Revised Disclosure Rules
Subject of the Disclosure
DigiPlus provides update on License to Operate in Brazil’s expanding iGaming market
Background/Description of the Disclosure
DigiPlus provides update on License to Operate in Brazil’s expanding iGaming market
DigiPlus Interactive Corp. (DigiPlus) announces that its wholly owned subsidiary, DigiPlus Brazil Interactive Ltda., has passed the qualification stage for a federal license with Brazil’s Ministry of Finance’s Secretariat of Awards and Bets (SPA). This milestone advances DigiPlus into the final stages of the licensing process, bringing it closer to participation in Brazil’s newly regulated iGaming sector, one of Latin America’s most dynamic and rapidly growing gaming markets.
DigiPlus will now have 30 days to fulfill post-qualification regulatory requirements, including platform certification and license fee payments. After completing the post-qualification requirements, SPA shall release the final list of operators authorized to operate from January 1, 2025 onwards.
Once finalized, it would enable the company to operate online sports betting and other iGaming offerings in Brazil. With a population exceeding 200 million and great enthusiasm for sports betting, Brazil represents a significant growth opportunity for DigiPlus.
“We are committed to bringing DigiPlus’ expertise in responsible and innovative gaming to Brazil,” said Eusebio Tanco, Chairman of DigiPlus Interactive Corp. “As we navigate the final steps of the licensing process, we remain confident in our ability to align with Brazil’s regulatory requirements and introduce world-class gaming experiences to this dynamic market. This underscores our dedication to expanding into a new region while maintaining our focus on the Philippines as our core market.” DigiPlus remains dedicated in its strategy to diversify into international markets with robust regulatory frameworks. The company views Brazil’s newly implemented iGaming laws as an opportunity to contribute to a fair and transparent gaming environment, further advancing its mission to deliver trusted, high-quality entertainment to players worldwide.
About DigiPlus Interactive Corp. DigiPlus Interactive Corp. pioneered digital entertainment in the Philippines. It introduced leading platforms BingoPlus and ArenaPlus, widely known for their engaging experiences in interactive gaming and sports entertainment. DigiPlus also operates PeryaGame, Tongits+, and GameZone, with more to come. For more information, visit: www.digiplus.com.ph.
Other Relevant Information
Please see attached Press Release entitled “DigiPlus provides update on License to Operate in Brazil’s expanding iGaming market”.
DigiPlus Interactive Corp.PLUS