In 2019, 43 million Filipino gamers spent a total of $572 million on games, four-fifths engaged with in-game microtransactions such as buying power-ups and game cosmetics. The following year, revenue generated by the online gaming industry sat at $24 million.
Nexplay, an e-sports ecosystem and technology startup founded by Filipinos, has announced that early investor Miguel Bernas will take on a more active senior leadership role as president and co-founder.
