By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.
DigiPlus Interactive Corp. is keeping its options open on a possible move into land-based casinos, saying it is prepared to “walk away” from opportunities if risks outweigh potential returns.
Speaking after the company’s annual stockholders’ meeting, DigiPlus chair Eusebio Tanco said the digital gaming firm continues to explore opportunities in the brick-and-mortar casino space but is taking a cautious approach amid an uncertain business environment.
“We’re looking at the opportunities,” Tanco said. “If we can make money, we go into it. If we have to take too much of a risk, we walk away.”
The remarks suggest that any acquisition or expansion into traditional casino operations may not happen as quickly as some investors expect, particularly as economic and geopolitical challenges continue to cloud the outlook.
