DigiPlus Q3 net income: P1.0-B (UP 132% y/y)
DigiPlus [PLUS 6.90, up 1.6%] [link] teased its Q3 Quarterly Report by revealing that its Q3 net income was P1.0 billion (+132% y/y), and its 9M net income was P2.1 billion (+1066% y/y). PLUS recognized P16 billion in 9M revenues (+190% y/y), driven by higher user traffic for its BingoPlus and ArenaPlus platforms, and “aggressive advertising and promotion efforts”. PLUS was previously known as Leisure and Resorts World Corporation before it changed its name last quarter to reflect the shift in focus from in-person gaming to digital gaming and betting.