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Malaysia’s Tanjong sells stake in Pacific Online

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Malaysia’s telecommunications magnate, Ananda Krishnan, has begun to exit the Philippine gaming sector through the sale of almost the entire stake of its unit in lotto services firm Pacific Online Systems Corp.

Posted: September 6th, 2013 in Headlines | Read More »

Biz Buzz: PCSO’s P1B windfall

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The conflict between Philippine Charity Sweepstakes Office (PCSO) and Pacific Online Systems Corp., on one side, and Malaysian conglomerate Berjaya, on the other, has turned into a full-blown war.   Berjaya’s local unit, Philippine Gaming Management Corp. (PGMC), came out with guns blazing last week, accusing PCSO and Pacific Online of all sorts of monkey [...]

Posted: April 1st, 2013 in Editor's Pick,Headlines | Read More »

Pacific Online posts 23% jump in transactions

Lottery equipment supplier Pacific Online Systems Corp. reported a significant jump in the amount of transactions it handled for the government in 2012 from year-ago level.

Posted: January 22nd, 2013 in Headlines | Read More »

Pacific Online chief refutes Berjaya accusations vs PCSO

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Philippine Charity Sweepstakes Office: Clutching at straws?

The chief of lottery provider Pacific Online Systems Corp. has taken up the cudgels for the state-owned Philippine Charity Sweepstakes Office (PCSO), who is being accused of favoring the former at the expense of the local gaming unit of Malaysian conglomerate Berjaya.

Posted: December 19th, 2012 in Latest Business Stories | Read More »

Pacific Online sees 2012 sales surge to P11B

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Profit of publicly listed Pacific Online Systems Corp. grew by more than half in the July-September period due to record lotto sales and the expansion of the company’s terminal network.

Posted: November 7th, 2012 in Latest Business Stories | Read More »

Pacific Online to add terminals for Visayas, Mindanao lotto operations

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Listed gaming firm Pacific Online Systems Corp., the government’s lottery equipment supplier for Visayas and Mindanao, has signed a fresh deal that would expand its network of outlets across the country.

Posted: June 4th, 2012 in Headlines | Read More »

Lotto company plans stock listing

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Online lottery distributor Lucky Circle Corp. may push through with its planned listing by way of introduction—or without selling newly issued shares—on the Philippine Stock Exchange (PSE) by early next year, a top official said. The move, which aims to unlock more value for shareholders of its parent firm Pacific Online Systems Corp., will prepare [...]

Posted: October 17th, 2011 in Headlines | Read More »

Pacific Online sees 16% profit growth

Listed Pacific Online Systems Corp. sees vast room for growth in the country’s gaming market that will help ensure the steady growth of the company’s profit in the next several years. Pacific Online chairman Willy Ocier said the company would spend P300 million this year—the same level as last year—for the expansion of its network [...]

Posted: June 26th, 2011 in Headlines | Read More »

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