DigiPlus Interactive Corporation (DigiPlus), which operates BingoPlus, has borrowed P3 billion from Asia United Bank Corp. to ramp up its presence in the retail gaming segment.
The company on April 18 took a P3 billion loan from AUB to fund its capital expenditures and expand the popular BingoPlus and its onsite electronic gaming operations, among others.
“The success of BingoPlus has paved the way for exciting opportunities in the country’s casual gaming and entertainment space. We aim to capitalize on this positive momentum by revolutionizing our users’ experience by investing in new technologies, introducing new and innovative products, and enhancing our quality of service, Andy Tsui, president of DigiPlus said.
DigiPlus launched BingoPlus in January 2022 as it made a strategic pivot amid the accelerated digital transformation triggered by the pandemic.
Since then, BingoPlus has become a community and entertainment hub and a source of revenue for government in funding social and educational programs. The platform experienced rapid growth since its inception, with more than 1,700 jackpot winners since January 2022.
In February this year, the company announced the change in its corporate name to DigiPlus from Leisure and Resorts World Corporation to reflect its brand identity as an innovative, technologically advanced, and collaborative organization.
Over the past 20 years, DigiPlus has established a solid track record of providing world-class multi-gaming platforms with a strong distribution network across the country.
