DigiPlus expects limited group impact from Brazil gambling ban
DigiPlus expects no material group impact from Brazil's prohibition despite resuming Brazilian operations less than three months earlier.
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DigiPlus expects no material group impact from Brazil's prohibition despite resuming Brazilian operations less than three months earlier.
DigiPlus is monitoring Brazilian developments linked by the report to a presidential online gambling ban.
The agreement gives the licensed operator a 3% revenue share, while its technology partner receives 97%, subject to deductions.
Teneo will advise DigiPlus on overseas opportunities and risks as it considers New Zealand entry.
DigiPlus’s appointment of Teneo gives investors a concrete step supporting the company’s global growth ambitions.
DigiPlus appointed Teneo as strategic adviser while considering further overseas expansion and holding South African and Brazilian licences.
The assessment links DigiPlus’s earnings shortfall to weaker-than-expected gaming revenue.
DigiPlus reported improved profitability despite lower gross gaming revenue.
The results show lower activity across DigiPlus’s digital platforms contributing to revenue pressure.
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Western Cape Gambling and Racing Board
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