New Coast Leisure and Total Gamezone Xtreme Inc entered a cooperation agreement that establishes the framework for the online gaming venture. The partnership comes as DigiPlus moves toward completing its acquisition of New Coast Hotel Manila’s parent company through a ₱12 billion convertible note subscription.
DigiPlus committed to subscribe to convertible notes issued by International Entertainment Corp, the Hong Kong-listed owner of New Coast Hotel. Upon conversion, DigiPlus will hold nearly 54 percent stake in International Entertainment Corp. The company expects to make a final payment of ₱6 billion by the end of May or early June to complete the financial transition.
To facilitate the takeover, DigiPlus secured a whitewash waiver from Hong Kong’s Securities and Futures Commission. The waiver permits DigiPlus to obtain controlling interest in the Hong Kong-listed firm without triggering a mandatory general offer for remaining shares. Regulatory review by the Philippine Competition Commission is expected to take between six and nine months.
Andy Tsui, DigiPlus president, noted the partnership supports an omnichannel strategy that merges digital platforms with brick-and-mortar operations. The company does not anticipate full finalization of the acquisition until 2027. DigiPlus Philippine online gaming operations will benefit from this integrated approach, allowing the company to capture larger consumer spending shares.
The revenue sharing structure forms the financial foundation of the partnership, decreasing upfront capital requirements by supplementing immediate compensation with ongoing revenue distribution. This arrangement allows both entities to align their interests with the platform’s long-term performance.
Technical support represents a critical operational component, as users depend on technology to maintain connectivity. Technical issues generate frustration and dissatisfaction among players, resulting in negative reviews and reduced player retention. The support team resolves problems quickly and effectively, improving user satisfaction through digital-first solutions. Correspondingly, monitoring systems identify issues and opportunities for improvement, driving innovation and maintaining competitive advantages.
Licensing obligations require operators to obtain proper authorization and meet strict compliance standards. Capital requirements must be fulfilled before operations commence. The partnership structure addresses these regulatory demands while distributing operational burdens between the cooperating companies.
DigiPlus Philippine online gaming operations benefit from this division of responsibilities, as each party contributes specialized capabilities. The arrangement enables efficient resource allocation while maintaining regulatory compliance across all operational aspects. Technical support metrics demonstrate the value of professional assistance, with teams achieving significant improvements in customer satisfaction and operational efficiency.
The Philippine gaming industry achieved USD 4,822 million in gross gaming revenue for 2024, with projections indicating growth to USD 9,874.67 million by 2033. Electronic gaming platforms secured 53 percent of total gaming revenues in the first half of the year, surpassing land-based casinos for the first time. PAGCOR implemented regulatory reforms in early 2025, reducing licensing fees from 55 percent to 30 percent for land-based operators and 25 percent for integrated resorts.
The government approved nearly USD 6 billion in casino infrastructure investments over five years. The Philippines’ removal from the Financial Action Task Force’s gray list in February 2025 restored international investor confidence. Internet penetration reached 96 percent, while mobile gaming commands 45 percent of global revenue.
The online gambling market stands at USD 2 billion, driven by the shift from land-based to online gaming and widespread mobile device usage. Mobile gaming accounts for over 60 percent of the online gambling market, supported by 84 million smartphone units. GDP per capita is projected to reach PHP 120,000, reflecting increased disposable income for leisure activities. The esports sector reached USD 28.6 million in 2025, with projections indicating growth to USD 54.2 million by 2034.
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