Regulatory Concerns Shake Philippine Online Gambling Sector; Stocks Take Hit
The Philippine online gambling industry has been jolted by renewed legislative efforts that have triggered steep market sell-offs and intensified regulatory uncertainty. Stocks tied to the sector—particularly those of leading operator DigiPlus Interactive Corp.—plunged sharply following the filing of a bill that seeks to implement stringent controls on digital gaming activities. DigiPlus, which runs the […]
The Philippine online gambling industry has been jolted by renewed legislative efforts that have triggered steep market sell-offs and intensified regulatory uncertainty. Stocks tied to the sector—particularly those of leading operator DigiPlus Interactive Corp.—plunged sharply following the filing of a bill that seeks to implement stringent controls on digital gaming activities. DigiPlus, which runs the […]
