On July 29, 2025, Philippine President Ferdinand Marcos Jr. remained silent throughout his State of the Nation Address (SONA) regarding the continuously controversial issue of online gambling. This "avoidance" stance quickly triggered a chain reaction in the capital markets, with leading gambling company DigiPlus seeing its stock price surge by 11.06% during the day, reaching a recent high.
Investors generally interpreted the President's silence as a signal that "no stringent policies are being implemented" for the time being, believing that online gambling may continue to survive in the short term, at least temporarily avoiding the risk of being shut down.
However, market analysts also issued warnings: Despite the President's non-committal stance, proposals for a complete gambling ban still exist in Congress, and the regulatory authorities have not relaxed their attitude. The rise in DigiPlus's stock seems more like a short-term emotional rebound, with significant uncertainties still looming ahead.
Marcos' SONA did not mention banning gambling, DigiPlus surged 11% in response!
Comments0
This stock is like riding a roller coaster, not stable at all.
The wallet of the little pony cannot be closed.
We small players can't know the internal situation; we'll wait for the big players to inform us.
How the game is played
PIGO is about to become a ticking time bomb.
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