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Phillippines lotto 33 % growth this year
Third quarter performance the foundation for bullish outlook.The Phillipines publication Business World reports that Manila-listed online gambling firm Pacific Online Systems Corp. expects to grow by more than a third this year, following an impressive three-quarter performance.
Sales from January to September 2008 went up by more than a third from a year earlier as the company expanded its reach in the Visayas and Mindanao.
In a disclosure to the stock exchange, Pacific Online said it had posted P466.1 million in revenues for the nine month period mainly due to the successful rollout of terminals [that] now total 1 541."
This translated to P4.7 billion in lotto sales in the Visayas and Mindanao offices of the Philippine Charity Sweepstakes (PCSO), the company said. Pacific Online is the exclusive online lottery system provider of the PCSO in both regions.
"With the expected robust sales in the remaining months of the year, the company’s sales performance may either sustain this significant growth or surpass it," a spokesman predicted.
The company also reported growth in subsidiary Lucky Circle Corp., which owns and operates lotto outlets at SM malls nationwide.
Lucky Circle has 69 lotto outlets and continues to expand its reach, Pacific Online said.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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