TLDR
- DFNN’s gaming commission income fell 66.9% in the first half of 2026 compared to the same period last year.
- Second-quarter gaming commission income dropped to 4.3 million pesos, down 75.2% from the first quarter.
- Group revenue for the six months ended June 30 fell 33.6% to 106.9 million pesos.
- Net loss widened 10.3% to 263.3 million pesos, though the second-quarter loss actually narrowed.
- DFNN is expanding its physical gaming-site network and launched a digital rewards platform in June.
DFNN Inc, a gaming and technology company listed on the Philippine stock market, reported a sharp decline in gaming commission income for the first half of 2026.
The company said income from its licensed gaming activities fell 66.9% compared to the same period last year.
DFNN pointed to the delinking of its online gaming platform from e-wallet providers as the main cause.
Gaming Income Weakens Further
The decline became more pronounced in the second quarter, when gaming commission income dropped to 4.3 million pesos, or about $69,900.
That figure was 59.5% lower than the same quarter last year.
It also fell 75.2% compared to the first quarter of 2026, which had reported 17.3 million pesos, or $281,000.
DFNN said the ongoing weakness in gaming income remains a constraint on near-term revenue.
Group revenue for the six months ended June 30 fell 33.6% to 106.9 million pesos, or $1.74 million.
That compares to 160.9 million pesos, or $2.61 million, during the same period last year.
Net loss attributable to the company widened 10.3% to 263.3 million pesos, or $4.28 million, from 238.7 million pesos a year earlier.
Quarterly Loss Narrows
Despite the wider first-half loss, DFNN’s second-quarter loss actually improved from a year earlier.
Loss attributable to ordinary shares fell 21.7% year over year to 112.4 million pesos, or $1.83 million.
Second-quarter revenue fell a smaller 5.8% to 53.3 million pesos, or $866,000.
The smaller drop was helped by higher software-related service fees and lower personnel, service, and travel costs.
Service fee income rose 28.8% in the second quarter to 36.1 million pesos, or $587,000.
The increase helped offset some of the drop in gaming commission income, though it did not reverse the overall first-half revenue decline.
DFNN is working to reduce its reliance on online gaming by expanding its network of physical gaming sites.
The company is also introducing gaming platforms that use an outlet-based distribution model.
DFNN did not share details on how many sites are planned or when the rollout will happen.
The company continues its nationwide rollout of LottoMatik as part of its broader business plan.
DFNN also launched a digital rewards platform in June.
The platform lets customers earn raffle entries by scanning qualified tickets through the company’s app.
The new feature adds a digital option to DFNN’s customer offerings as the company works to build income beyond gaming commissions.
