DigiPlus Connected with Diamond Hotel in Manila Bay

(AsiaGameHub) –   DigiPlus Interactive Corp is exploring new growth avenues following reports connecting the Philippine online gaming company to a potential hotel venture at Manila Bay.

Key Points

• InsiderPH reported that DigiPlus is negotiating the acquisition of the 480-room Diamond Hotel.
• DigiPlus has stated that no final agreement has been reached.
• The company already holds a convertible note arrangement linked to New Coast Hotel Manila.

DigiPlus Maintains Openness on Manila Bay Initiatives

DigiPlus has not confirmed any deal involving the Diamond Hotel but has acknowledged its interest in pursuing opportunities related to gaming and digital entertainment.

The company issued a response after InsiderPH reported that DigiPlus was engaged in discussions to acquire the seaside Diamond Hotel near Roxas Boulevard. The outlet noted that the property is part of the private holdings of Ramon Ang, chairman of San Miguel Corp, and could be integrated into a broader US$1 billion Manila Bay gaming complex project.

In a filing with the Philippine Stock Exchange, DigiPlus stated:

“We confirm that DigiPlus is actively seeking opportunities to expand into adjacent and complementary sectors, in line with its long-term vision to build a comprehensive gaming and digital entertainment ecosystem.”

“Nevertheless, these initiatives are still under assessment, and no binding transactions have been finalized.”

The announcement comes amid DigiPlus’s existing connection to another Manila hotel. The group entered into a HKD1.60 billion (US$204.3 million) convertible note agreement with International Entertainment Corp, the Hong Kong-listed firm controlling New Coast Hotel Manila. Full conversion would grant DigiPlus a 53.89% stake in International Entertainment.

New Coast Hotel Manila is located approximately five minutes inland from Diamond Hotel and possesses a provisional casino gaming license issued by Pagcor. International Entertainment has recently rebranded the property under the LaVie Resort & Casino Manila name.

Chaired by Eusebio Tanco, DigiPlus is widely recognized in the Philippines for brands such as BingoPlus, ArenaPlus, and GameZone. The company also operates casino-style slot arcades through one of its subsidiaries.

DigiPlus has also expanded its international licensing portfolio, securing online gaming approvals in Brazil and South Africa. A Manila Bay resort development would bring DigiPlus closer to the land-based casino sector, although any such transaction remains unconfirmed at this time.