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EN
DigiPlus looking at ‘potential acquisitions’ but doesn’t tie to media reports City of Dreams Manila is a target
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GGRAsia
The communication followed an article in the news outlet Bilyonaryo titled: ‘From bingo to online gaming to casino?
DigiPlus eyes buyout of billionaire Lawrence Ho’s stake in City of Dreams Manila.’The Philippine bourse had sent a letter on Friday to DigiPlus, seeking clarification on the report, stated DigiPlus.
DigiPlus’ stock had closed up slightly on Friday, at PHP22.50 (US$0.393), according to stock exchange data.
But it was well below a June 10 high of PHP65.10, around the time news emerged of possible political pushback against domestic online gaming.
The future of the Philippine domestic online gaming sector – in terms of its regulation and status – is currently being discussed in the Philippine Congress.
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