Publicly-listed DigiPlus Interactive Corp. has budgeted from P1.5 billion up to P2 billion as capital expenditure this year, some 20 to 30 percent higher than the previous year, company president Andy Tsui Kin Ming said.
According to Tsui, half of the budget will go to technological upgrades, including cybersecurity.
“We also expect to spend on our site and equipment upgrades,” he said.
Tsui said the company will continue to operate its bricks-and-mortar gambling joints which house its electronic games.
“We always say that we do more profit rationalization, meaning the sites not good, we’ll just pick them up, terminate or close them down. We maintain only the good performing sites. But in the future, we might still add a few and find the right location. We still want to expand, because we want to build some flagship sites,” Tsui said.
The executive said the company will continue to invest in new technologies and in product development as part of its strategic priorities enabling the company to sustain its growth momentum and achieve its goal of becoming the number one diversified leisure and entertainment hub in the country.
“We continue to invest in cutting-edge technologies and product development to continuously offer unparalleled enjoyment for Filipinos. We aim to shape the landscape of Filipino entertainment with our portfolio of digital offerings that cater to different demographics and lifestyle preferences,” he said.
DigiPlus currently operates digital games such as BingoPlus, ArenaPlus and PeryaGame.
BingoPlus remains the country’s leading digital bingo platform. This online platform is supported by over 140 physical sites nationwide.
To expand its product offerings, DigiPlus also launched Color Game, which mirrors traditional Filipino carnival games; BingoPlus Poker, which captures the thrill and fun of well-loved card games in the digital space; and TongitsPlus, which allows players to play the card game without wagering real money.
