DFNN appointed Charles R. McIntyre as an independent board adviser at a special board meeting on 22 August, the company said in a filing. The former senior New Hampshire Lottery executive will advise on efforts to combat illegal gaming as the Philippines considers a possible ban on online gambling.
The appointment adds lottery and regulatory experience to DFNN's advisory work as the Philippines weighs online gambling restrictions.
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Philippine-listed DFNN reported revenue of PHP53.6m for the three months ended 31 March 2026, down 48.6% year on year, according to its filing. The company attributed the fall in gaming commissions to its online platform’s separation from e-wallet providers; its net loss widened to PHP155m.
DFNN reported a net loss of PHP411 million for 2025, 36.3% higher than a year earlier, according to its filing to the Philippine Stock Exchange. Revenue rose 112.5% to PHP63.6 million, including PHP42.5 million from external contracts. In March, the company said it would convert up to PHP600 million of liabilities into shares to retire existing debts.
A market research report describes New Hampshire’s gaming sector and ongoing moves towards legalising internet casino gaming. It puts 2025 sports-betting handle at $880.6 million and says the state’s lottery contributed $209 million to public education in fiscal 2025.
The New Hampshire Lottery reported that sports bets reached $50.6 million in June, reportedly. The total rose 2% from the previous year.
The New Hampshire Lottery took $61.5 million in sports bets in May, reportedly 6% more than a year earlier.