DigiPlus

DigiPlus Interactive Corp has strengthened its strategic investment in International Entertainment Corp (IEC) through the issuance of a second and final tranche of subscription notes worth HK$800 million (US$102.5 million). The latest funding follows an earlier tranche of the same size issued in March, bringing the total potential investment to HK$1.6 billion (US$205 million). If fully converted into equity, the transaction would give DigiPlus a controlling stake in IEC and indirect control of Manila’s LaVie Resort & Casino.

DigiPlus, a fast-growing player in the gaming industry, is reportedly exploring the acquisition of a land-based casino as part of a broader diversification strategy. The move comes amid anticipation of new regulatory frameworks governing online gaming, a sector where the company has established a strong presence. By expanding into physical operations, DigiPlus aims to hedge against regulatory uncertainty while capturing synergies between offline and online gaming.

DigiPlus, a leading name in the digital gaming industry, has been exploring a strategic move into the land-based casino market as part of its diversification efforts. However, negotiations regarding a potential acquisition have reportedly stalled, raising questions about the company’s expansion strategy. The proposed deal was expected to mark a significant milestone by bridging online operations with physical gaming venues, potentially unlocking new revenue streams.