DigiPlus establishes DigiPlus Global Pte Ltd in Singapore for intl expansion
DigiPlus Interactive Corporation is establishing a new subsidiary, DigiPlus Global Pte. Ltd., in Singapore to support its international expansion.
The Board of Directors approved this plan on February 26, with the new entity focusing on strategic partnerships and talent acquisition.
Chairman Eusebio Tanco emphasized that Singapore's business infrastructure makes it an ideal location for DigiPlus' global initiatives, as the company aims to leverage the country's advanced business environment and connectivity.
DigiPlus Interactive will allocate P2.5 billion to P3 billion for capital expenditures this year, including initial investments in Brazil and IT infrastructure upgrades.
In January, DigiPlus announced that its subsidiary, DigiPlus Brazil Interactive Ltda., secured a gaming license from the Brazilian Ministry of Finance's Secretariat of Prizes and Bets, allowing it to operate land-based and online sports betting, electronic games, live game studios, and other fixed-odds betting activities in Brazil.
The company aims to tap into Brazil's population of over 200 million and leverage the recent liberalization of its gaming market as part of its long-term growth strategy.
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