DigiPlus Interactive Corp. says Brazil’s prohibition on sports betting and online casinos is not expected to materially affect its financial or operating position, despite disrupting its planned entry into the market.
The Philippine gaming company said it is following the regulatory situation closely and is taking steps to comply with the government directive.
“DigiPlus is closely monitoring recent regulatory developments in Brazil and is taking all necessary steps to comply with the government’s directive,” the company said. “The situation remains fluid and is not final, as the relevant legislative and legal processes continue to develop.”
Brazil had been positioned as DigiPlus’ first overseas market.
Customer withdrawals are the company’s immediate priority
DigiPlus said it is focused on processing withdrawals and returning customer funds within the required period.
“Our immediate priority is to ensure an orderly response, including the timely processing of customer withdrawals and the return of customer funds within the prescribed period,” the company said.
The Brazilian measures bar new deposits, while customers and operators have until 5 October to withdraw existing funds from online betting accounts.
President Luiz Inácio Lula da Silva signed the provisional measure before Brazil’s presidential election. Congress must approve it within 120 days for it to remain in force, leaving the legal position open to further change.
Lula has cited gambling harm and betting losses among Brazilian households in defending the crackdown. Industry groups have argued that prohibition could push consumers towards unlicensed sites without regulated-market safeguards.
DigiPlus shifts focus to other expansion markets
Despite the setback, DigiPlus said it does not expect a material effect on its overall business.
“Based on our assessment, these developments are not expected to have a material impact on DigiPlus’ overall financial or operating position,” the company said.
The company had prepared for Brazil for around two years, applying for a federal licence in August 2024 and receiving definitive authority in January 2025. GamePlus soft-launched in September 2025 before operations were paused weeks later as DigiPlus reworked the platform.
The company is also pursuing international growth elsewhere. It secured three gaming licences in South Africa in April 2026 and has previously expressed interest in New Zealand.
DigiPlus can absorb the immediate Brazilian setback because the market was still an expansion project rather than a core revenue source. The more important issue arose because Brazil was meant to establish its first overseas footprint. Hence, the company must now show that South Africa and other targets can carry their international ambition forward.