Albee Benitez offloads 66 million DigiPlus Interactive shares

Filipino businessman and politician Alfredo "Albee" Benitez has sold part of his shareholding in operator DigiPlus Interactive, according to a filing with the Philippines Stock Exchange. Benitez divested a total of 66.66 million shares of the company within a price range of PHP 7.01713 to PHP 7.45, or around $0.13.

The sale was facilitated through Makati based stockbroker CLSA Philippines and took place on the 20th of December. DigiPlus Interactive (PLUS) was previously known as Leisure and Resorts World Corp. (LRWC) before the company changed its name in March of last year.
It functions as a holding company for all its subsidiaries in various gaming and entertainment sectors in the Philippines and the stock has been a strong performer over the last twelve months, moving from PHP 2.4 ($0.043) at the beginning of last year to PHP 8.2 ($0.15) at the end of December 2023.
Benitez was previously in charge of PLUS when it was still known as Leisure and Resorts World but stepped down in October of 2021 to focus on politics again. In recent times, the company has undergone a digital transformation and introduced BingoPlus in 2022 and the digital sports betting app Arena Plus in 2023. Benitez continues to hold 536.4 million PLUS shares, valued at PHP 4.38 billion ($78.02 million).

https://agbrief.com/news/philippines/06/10/2021/lrwc-director-benitez-resigns-to-chase-position-in-public-office/

Latest news DigiPlus Interactive Phillipines

Accelerating currency drop of renminbi pressures Macau tourism market
_2025-01-07UN report reveals growing presence of organized crime in pacific islands casino projects
_2025-01-06Macau GGR to grow 8% in 2025, backed by increasing travel spending: Goldman Sachs
_2025-01-03The overnight disappearance of 8XBet: a brand shrouded in controversy
_2025-01-02Macau’s gaming industry on track for strong 2025 kickoff: Citigroup
_2025-01-02China's president urges Macau to continue diversification drive away from gaming
_2024-12-20

Open in new window
View settings