DigiPlus Interactive Corp. is actively searching for an industrial partner in Brazil to support its online gaming operations, scheduled to launch in the fourth quarter. While the company has secured funding, it believes a strategic gaming partner would be beneficial. DigiPlus has engaged a Brazilian bank to assist in the partner search and has already assembled a management team for the Brazil operation. The company has allocated P660 million for its Brazilian venture, covering the gaming license and operating expenses for the first three months. DigiPlus plans to launch its local online betting platform, ArenaPlus, in Brazil, where the company recently secured a gaming license.
Gaming firm DigiPlus Interactive Corp. said it has tapped a Brazilian bank to help search for an industrial partner in the South American country, as it prepares for the company’s online gaming operation in the fourth quarter.
“I think we have sufficient resources, but maybe a strategic partner,” he said, adding that it has to be a gaming partner. Jovenir said the company has filled up the management team that will be responsible for the Brazil operation. The company together with a number of applicants were awarded the gaming license for Brazil to operate a sports betting and online games, of which only 10 percent of those who applied were granted, who just recently opened up its gaming market.
ONLINE GAMING BRAZIL PARTNERSHIP DIGIPLUS INTERACTIVE CORP. INVESTMENTS
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