GAMING firm DFNN Inc. said it would triple the number of its terminals next year, as the company said it will spend more on its systems as it expands its operations that may include sports betting and acquiring another firm. Ramon Garcia, the company’s president and CEO, said the company will increase its terminals to…
Listed gaming technology provider DFNN Inc. expects to more than double the number of its Instawin terminals next year. Ramon Garcia, president and chief executive officer of DFNN, said the company was on track with regard to its targets for the year, giving them the confidence to aim for greater heights in 2016. “Our budget…
In this interview with CalvinAyre.com, DFNN COO Ricky Banaag gives an update on the status of mobile gaming in the Philippines. There is an Asian country that has great potential for mobile gaming—the Philippines. Ricky Banaag, COO of DFNN, said the Philippines is a “mobile-first” kind of country with a smartphone-loving market that is already ripe for mobile gaming…
TECHNOLOGY solutions provider DFNN Inc. is cleaning up its books to wipe out P643 million in capital deficit and become capable of declaring dividends soon. In a disclosure to the Philippine Stock Exchange on Monday, DFNN said its board had approved the issuance of 8.3 million common shares to various existing shareholders by virtue of…
LISTED DFNN, Inc. said it will conduct a quasi-reorganization to remove the deficit in its retained earnings, as the information technology solutions provider moves to declare dividends soon. In a special board meeting last Friday, DFNN’s board of directors approved the issuance of 8.31 million common shares to existing shareholders through a debt-to-equity conversion. “The…
DFNN Inc. on Friday said it posted an income for the six-month period ending June, partly as a result of more than doubling its revenues for the period, as it focused its efforts on serving the gambling industry. The company said in its report that its income was at P2.8 million, a turnaround from last…
MANILA, Philippines – Diversified Financial Network Inc. (DFNN), the country’s leading IT solutions provider, systems integrator and provider of gaming technology products, services and solutions, has a new chief operating officer (COO) in Ricardo “Ricky” Banaag. Banaag was Intel Philippines’ country manager for over 16 years. DFNN focuses in 2015 to expand its electronic gaming…