Moody’s Ratings has flagged an anticipated 20% year-on-year decline in the 2026 Adjusted EBITDA of leading Philippines online gaming operator DigiPlus Interactive Corp but expects earnings to recover back to prior levels over the next two years.
The forecast by the ratings agency formed part of a Thursday note in which it assigned DigiPlus a first-time B1 corporate family rating with a stable outlook, with Moody’s Ratings Assistant Vice President Yu Sheng Tay explaining that the B1 rating “reflects its leadership in the Philippines’ online gaming market and strong financial profile, underpinned by low leverage, robust cash generation and a net cash position.
