NEW COAST LEISURE, Inc. and Total Gamezone Xtreme, Inc., a unit of DigiPlus Interactive Corp., have signed a cooperation agreement covering online gaming operations for LaVie Resort & Casino Manila, expanding DigiPlus’ footprint in the digital gaming segment.
DigiPlus said in a stock exchange filing on Wednesday that the agreement covers a nonexclusive arrangement for the integration, provision and management of approved online gaming content for the casino’s digital gaming platform.
The partnership also includes technical and operational support for online gaming activities tied to the platform.
The agreement remains subject to approval by the Philippine Amusement and Gaming Corp. and compliance with licensing requirements and other applicable regulations.
The deal follows DigiPlus’ completion earlier this month of the second tranche of its subscription to HK$1.6 billion worth of convertible notes issued by International Entertainment Corp.
International Entertainment owns and operates New Coast Hotel Manila, formerly known as New World Hotel Manila, which houses gaming tables, slot machines and other casino facilities.
The cooperation agreement strengthens DigiPlus’ push to expand its digital gaming business as competition intensifies in the online gaming market.
DigiPlus operates gaming platforms BingoPlus, ArenaPlus and GameZone.
Shares of DigiPlus rose 0.94% to close at P10.70 each. — Alexandria Grace C. Magno


