DigiPlus launches P1-M surety bond program

MANILA, Philippines — DigiPlus Interactive Corp. has partnered with Philippine First Insurance Co. Inc. (PhilFirst) to launch the local online gambling industry’s first surety bond program.
This innovative program promises to guarantee up to P1 million per player, providing enhanced security and trust for participants.
In a regulatory filing on Thursday, the company, led by tycoon Eusebio Tanco, stated that the surety bond automatically applies to the players, offering them protection within the online gambling space.
https://business.inquirer.net/547702/digiplus-launches-p1-m-surety-bond-program