Bingo and sports betting provider DigiPlus Interactive Corp is to join the FTSE All-Cap Index and FTSE Total-Cap Index, from the close of business on March 21.
The Philippine Stock Exchange-listed group had been classified under the FTSE Microcap Index in 2024, it noted in a press release regarding the fresh move.
“DigiPlus’ progression to these broader indices reflects its increased market capitalisation, enhanced liquidity, and strengthened position within the investment landscape,” the company stated.
The FTSE All-Cap Index tracks large-, mid-, and small-cap companies, serving as a benchmark for global investors.
The FTSE Total-Cap Index extends this coverage to include micro-cap companies, collectively representing over 99 percent of the global investable market capitalisation, according to the DigiPlus update.
“DigiPlus’ inclusion places it among companies that meet the highest standards of market capitalisation and liquidity, further enhancing its visibility to institutional investors worldwide,” added the statement.
DigiPlus chairman Eusebio Tanco was cited as saying: “Being included in the FTSE All-Cap and Total-Cap Indices reflects the strength of our fundamentals and the momentum we have built over the past year.
“This milestone reinforces our position in the broader investment community, opening new opportunities to further scale our business and create lasting value for our shareholders.”
In the Philippines the brand runs BingoPlus, described as that country’s first government-approved online bingo platform. In that market it also operates ArenaPlus, a sportsbook; and GameZone, a platform for casual and arcade gaming.
DigiPlus was recently the winner of a Brazil sports betting and online gaming licence, which it will operate via a local unit, DigiPlus Brazil.
The parent has announced a British-born former management consultant and diplomat as Brazil country manager for the brand.
