By SectorWire desk ·
DigiPlus said it was monitoring developments in Brazil on 28 September. The outlet linked the response to what it described as a presidential ban on online gambling.
DigiPlus is monitoring Brazilian developments linked by the report to a presidential online gambling ban.
Request a correction / right of reply
Linked through shared companies, regulators and people, or one step further through the graph.
DigiPlus expects no material group impact from Brazil's prohibition despite resuming Brazilian operations less than three months earlier.
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.
DigiPlus reported improved profitability despite lower gross gaming revenue.