 DigiPlus Interactive Corp. (DigiPlus) is exploring opportunities in Brazil’s iGaming market following the recent legalization of gaming and betting activities in the country. On August 17, 2024 (Brazil time) / August 18, 2024 (Manila time), DigiPlus Interactive Corp., through its wholly-owned subsidiary, DigiPlus Brazil Interactive Ltda., filed an application for Licença Para Loterias De Apostas De Quota Fixa, which is a federal license that allows the operations of land-based and online sports betting, electronic games, live game studios, and other fixed-odds betting activities in Brazil. The result of the license application is expected to be released on or before the end of November 2024.
Currently in its preliminary stages, DigiPlus is looking to diversify its portfolio into new markets with enabling regulatory environment for iGaming. DigiPlus envisions the Philippines to remain its core market. DigiPlus recognizes Brazil’s strong potential as one of the fastest-growing gaming markets in Latin America. The country has a population of over 200 million, with internet penetration at 87%. DigiPlus is the fastest-growing digital entertainment company in the Philippines, combining cutting-edge technologies to multiply the fun and happiness in peoples’ lives anytime and anywhere.
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