DigiPlus Interactive Corp. said 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, a major milestone in its overseas expansion efforts.
Passing the qualification stage moves DigiPlus into the final stages of the licensing process, bringing the company closer to operating within Brazil’s newly regulated iGaming sector, one of the most dynamic and rapidly growing gaming markets in Latin America.
DigiPlus said it now has 30 days to fulfill post-qualification regulatory requirements, which include platform certification and license fee payments. After these steps are completed, the secretariat will release the final list of operators authorized to begin operations from 1 January.
Once licensed, DigiPlus will be able to offer online sports betting and other iGaming services in Brazil. With a population of over 200 million and a strong enthusiasm for sports betting, Brazil presents a significant growth opportunity for DigiPlus.
“We are committed to bringing DigiPlus’ expertise in responsible and innovative gaming to Brazil,” said DigiPlus chairman Eusebio Tanco in a statement. “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 new regions while maintaining our focus on the Philippines as our core market,” he added.
