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DigiPlus’ Subsidiary Passed the License to Operate in Brazil’s Expanding iGaming Market

11/22/2024

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DigiPlus’ Subsidiary Passed the License to Operate in Brazil’s Expanding iGaming Market
DigiPlus Interactive Corp. (DigiPlus) announces that its wholly owned subsidiary, DigiPlus Brazil Interactive Ltda., has passed the qualification stage for a federal license with Brazil’s Ministry of Finance’s Secretariat of Awards and Bets (SPA). This milestone advances DigiPlus into the final stages of the licensing process, bringing it closer to participation in Brazil’s newly regulated iGaming sector, one of Latin America’s most dynamic and rapidly growing gaming markets.
DigiPlus will now have 30 days to fulfill post-qualification regulatory requirements, including platform certification and license fee payments. After completing the post-qualification requirements, SPA shall release the final list of operators authorized to operate from January 1, 2025 onwards.

Once finalized, it would enable the company to operate online sports betting and other iGaming offerings in Brazil. With a population exceeding 200 million and great enthusiasm for sports betting, Brazil represents a significant growth opportunity for DigiPlus.

“We are committed to bringing DigiPlus’ expertise in responsible and innovative gaming to Brazil,” said Eusebio Tanco, Chairman of DigiPlus Interactive Corp. “As we navigate the final steps of the licensing process, we remain confident in our ability to align with Brazil’s regulatory requirements and introduce world-class gaming experiences to this dynamic market. This underscores our dedication to expanding into a new region while maintaining our focus on the Philippines as our core market.”

DigiPlus remains dedicated in its strategy to diversify into international markets with robust regulatory frameworks. The company views Brazil’s newly implemented iGaming laws as an opportunity to contribute to a fair and transparent gaming environment, further advancing its mission to deliver trusted, high-quality entertainment to players worldwide.

DigiPlus Interactive Corp. (DigiPlus) announces that its wholly owned subsidiary, DigiPlus Brazil Interactive Ltda., has passed the qualification stage for a federal license with Brazil’s Ministry of Finance’s Secretariat of Awards and Bets (SPA). This milestone advances DigiPlus into the final stages of the licensing process, bringing it closer to participation in Brazil’s newly regulated iGaming sector, one of Latin America’s most dynamic and rapidly growing gaming markets.
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