DigiPlus Interactive Withdraws from New Zealand Online Casino License Auction After Market Analysis and Valuation
DigiPlus Interactive withdrew from New Zealand's online casino license bidding after market analysis determined it wasn't valuable enough, with no impact on its strategy.Summary
DigiPlus Interactive Corp, the Philippines' leading online operator, has withdrawn from the final bidding round for a New Zealand online casino license after further market analysis and valuation. The company was not among the 11 shortlisted entities competing for up to 15 licenses. DigiPlus stated the decision has no impact on its businesses or its international expansion strategy. Having previously expanded into Brazil and South Africa, DigiPlus filed an Expression of Interest in August. The shortlisted entities include those linked to SkyCity Entertainment Group, Ed Craven's Stake, Entain, Betway, and Super Group. Forsyth Barr analysis viewed the SkyCity online opportunity as likely break-even and strategic. The final bidding rounds will test how operator valuations align with actual license terms and market delivery in New Zealand.
(Source：Sccg Management)