DFNN Inc. bags US POGO deal

MANILA, Philippines – A unit of gaming technology firm DFNN Inc. has bagged a Philippine Offshore Gaming Operations (POGO) service deal with AutoLotto Inc., a pioneering US mobile lottery service provider. This allows DFNN, through subsidiary Nico Bayan Inc., to expand its POGO business that does not rely on the Chinese market. At the Global…

DFNN sees huge domestic opportunities for its IT solutions

In the past years, DFNN has continued its remarkable influence over the technology space, most notably in the e-casino gaming industry, paving the way for the success of subsidiaries Inter-Active Entertainment Solutions Technologies (IEST) and iWave. Possessing an uncanny ability to adapt its technologies to niche local and international market requirements, the company’s technological expertise…

DFNN H1 net income drops 14.6% on higher expenses

Increased depreciation and amortization expenses have pulled down Philippine-listed game technology provider DFNN Inc.’s net income by 14.6 percent in the first half of 2018. In a disclosure to the Philippine Stock Exchange, DFNN reported net income of PHP86.9 million (US$1.63 million) in the first six months of 2018, down from PHP101.8 million ($1.9 million)…

instawin logo

DFNN H1 revenue gains 11.5 percent

DFNN said its H1 revenue gained 11.5 percent, with gains noted across all of its business sectors, in particular license sales. Total revenue was P621.0 million ($11.6 million), up from P556.9 million earned in the same period last year. EBITDA gained 11.9 percent to P129.7 million. The highest growth came from the sale of licenses,…