Philippine gambling industry shock! Tightened regulation in the Philippines triggers a stock market sell-off, with DigiPlus plummeting 40% during trading.

The Philippine online gambling industry has recently taken a hit. As Senator Zhang Qiaowei proposed a bill to strengthen regulation, market confidence was undermined, and several gambling concept stocks plummeted. The gaming giant DigiPlus (PLUS) saw its stock price plummet by 40% during the session

35like·0comment

#StockMarket

2025 Philippine Tycoon Wealth Reshuffle: Port Magnate Surges to the Top, Real Estate Mogul's Value Plummets

Genting's acquisition of Genting Malaysia faces obstacles, with equity capped at 73%

Light & Wonder Confirms NASDAQ Delisting in November

British gambling stocks suffer another heavy blow as rumors of tax hikes spark market jitters.

Philippine gambling industry shock! Tightened regulation in the Philippines triggers a stock market sell-off, with DigiPlus plummeting 40% during trading.

PointsBet shareholders vote to recount, Mixi acquisition not approved, switching to an all-cash acquisition proposal.

Hacksaw Gaming plans to go public on NASDAQ Stockholm: Valuation reaches 22 billion kronor, IPO starts on June 25.

Bloomberry enters the online gambling market, with its stock price soaring nearly 24% in a week, sparking an investment frenzy.

Trump's tariff "bomb" detonates! U.S. gaming stocks plunge collectively, industry fears billions in losses.

Bally's Posts Mixed Q4, Cancels Earnings Call as Shares Plummet

Analysts stand pat on Light & Wonder

Wynn touts record-setting 2024, but laments stock valuation

Better Collective reports FY 2024 revenue of EUR 371 million, market reacts positively, stock price increases by 14%

Penn Entertainment to Consider HG Vora’s Board Nominations

Super Group’s Shares Soar After Optimistic Preliminary 2024 Report

Bragg Gaming Group plans for expansion in 2025

2025 Philippine Tycoon Wealth Reshuffle: Port Magnate Surges to the Top, Real Estate Mogul's Value Plummets

Genting's acquisition of Genting Malaysia faces obstacles, with equity capped at 73%

Light & Wonder Confirms NASDAQ Delisting in November

British gambling stocks suffer another heavy blow as rumors of tax hikes spark market jitters.

Philippine gambling industry shock! Tightened regulation in the Philippines triggers a stock market sell-off, with DigiPlus plummeting 40% during trading.

PointsBet shareholders vote to recount, Mixi acquisition not approved, switching to an all-cash acquisition proposal.

Hacksaw Gaming plans to go public on NASDAQ Stockholm: Valuation reaches 22 billion kronor, IPO starts on June 25.

Bloomberry enters the online gambling market, with its stock price soaring nearly 24% in a week, sparking an investment frenzy.

Trump's tariff "bomb" detonates! U.S. gaming stocks plunge collectively, industry fears billions in losses.

Bally's Posts Mixed Q4, Cancels Earnings Call as Shares Plummet

Analysts stand pat on Light & Wonder

Wynn touts record-setting 2024, but laments stock valuation

Better Collective reports FY 2024 revenue of EUR 371 million, market reacts positively, stock price increases by 14%

Penn Entertainment to Consider HG Vora’s Board Nominations

Super Group’s Shares Soar After Optimistic Preliminary 2024 Report

Bragg Gaming Group plans for expansion in 2025