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Pacific Online Systems Corporation (POSC) was
incorporated 11 November 1993 and is engaged in the business of developing,
designing & managing online computer systems, terminals & software for
the Philippine gaming industry. The firm leases to the Philippine Charity
Sweepstakes Office (PCSO) under a two-network system, an on-line lottery
equipment & accessories for the latter's lottery operations in Vis-Min.
POSC has an 8-year Equipment Lease Agreement (ELA) with the PCSO which also has
an attached Maintenance & Repair Agreement (MRA). Last 15 February 2005,
POSC entered into a Supply & Service Contract (SSC) with Scientific Games
Worldwide Ltd., a global marketing & technology leader in lottery,
pari-mutuel & telecom industries that replaced the old GTEC Infrastructure
to AEGIS System. On 13 March 2006, POSC entered into a 2nd SSC with Intralot SA
Integrated Lottery Systems & Services, a firm based in Greece & leading
supplier of integrated gaming & transaction processing systems, for the
provision of another new system running under LOTOS application
software.
Pacific Online Systems Corporation engages in the design,
development, and management of online computer systems, terminals, and software
for the gaming industry in the Philippines. It brokers technology from various
suppliers of integrated gaming systems and leases the equipment needed for the
online lottery operations to the Philippine Charity Sweepstakes Office (PCSO).
The company also provides technical support services to the PCSO. As of
December 31, 2006, it deployed 980 online lottery terminals. The company is
headquartered in Pasig City, the Philippines.
Year over year, Pacific Online
Systems Corp. has been able to grow revenues from $337.7M to $413.6M. Most
impressively, the company has been able to reduce the percentage of sales
devoted to cost of goods sold from 82.18% to 78.48%. This was a driver that led
to a bottom line growth from $32.6M to $50.5M.
 Lotto Sales Lift Pacific Online's Q1 Income
by 15%
MANILA, Philippines (April 19, 2010) - Pacific Online
Systems Corp. reported Monday its first-quarter earnings grew 15% from the
previous year despite a slight decrease in revenues..............Subscribers
Gaming Company Pacific
Online Systems Posts Net Income of P263M for 2009
MANILA,
Philippines (March 29, 2010) - Gaming company Pacific Online Systems
Corporation, in a disclosure to the Philippine Stock Exchange, announced that
its net income for 2009 amounted to P263 million or significantly higher than
the P130 million posted the previous year..................Subscribers
Philippine Lotto Co
Pacific Online Posts US$5.7Million Income For FY09
MANILA,
Philippines (March 22, 2010) – A disclosure to the Philippine Stock
Exchange, the Philippine gaming company Pacific Online Systems Corporation
(PSE:LOTO), announced that its net income for 2009 amounted to P263 million
(US$5.7 million) or significantly higher than the P130 million posted the
previous year.....................Subscribers
Philippines Gambling
Firm Pacific Online Profit Up
MANILA, Philippines (March
15, 2010) -- Local gambling Firm Pacific Online Systems Corp. more than doubled
its profit in 2009 from the previous year on the back of record sales of
lottery tickets.........................Subscribers
Lotto Firm’s Sales
Climbed 18.5% to P7.69b Last Year
MANILLA, Philippines
(January 6, 2010) - Pacific Online Systems Corp., the online lottery system
provider of Philippine Charity Sweepstakes Office in Visayas and Mindanao, said
Wednesday that total sales jumped 18.5 percent to P7.69 billion in 2009 from
P6.49 billion in 2008 due to the strong rollout of lotto
outlets..................Subscribers
Abacus to Sell Stake in
Lottery Operator
MANILA, Philippines (December 29, 2009) --
Listed Abacus Consolidated Resources & Holdings, Inc. said Tuesday it would
sell almost a fifth of its ownership in Pacific Online Systems Corp. to fund
various projects.........................Subscribers
Abacus to Divest Entire
Stake in Pacific Online
MANILA, Philippines (December 27,
2009) - Publicly-listed Abacus Consolidated Resources & Holdings Inc.
(ACRHI) is planning to unload its entire holdings in Pacific Online Systems
Corp.................Subscribers
Lottery Equipment
Provider Sees Growth From 6/55
MANILA, Philippines (October
13, 2009) – According to local media source listed Pacific Online Systems
Corp. is welcoming a plan by state-run Philippine Charity Sweepstakes Office
(PCSO) to phase out its Power Lotto and replace it with a game similar to three
other existing lotto games, saying this would greatly boost sales next
year....................Subscribers
Firm Expands Lottery
Outlet Network
MANILA, Philippines (September 11, 2009) --
Commercial lottery operator Pacific Online Systems Corp. is expanding its
distribution channel for instant lottery ScratchIt as part of plans to double
sales of the instant tickets to P1 billion..............Subscribers
Lottery Equipment
Supplier Allocates P140 Million Capital Spending For ‘09
MANILA, Philippines (June 30, 2009) - Pacific Online Systems Corp. has
earmarked P40 million worth of investments for new lottery terminals, as well
as P100 million for additional "Lucky Circle" outlets in the next 18
months.......................Subscribers
Pacific Online Taps Food
Firm to Distribute ScratchIT Tickets
MANILA, Philippines
(May 7, 2009) -- In an apparent bid to further extend its distribution network,
listed lotto operator Pacific Online Systems Corp. has tapped popular Andok's
Litson Manok Corp. for its ScratchIT instant tickets...................Subscribers
PCSO
Lotto Operator's Income Up 53% Despite Crisis
MANILA,
Philippines (April 3, 2009) -- The lotto operator of the
Philippine Charity Sweepstakes Office (PCSO),
Pacific Online Systems Corp., said it generated gross revenues of P766 million
last year, a 53-percent growth from 2007...............Subscribers
Lotto
Sales Increase Amid Difficult Times
MANILA, Philippines
(March 24, 2009) -- Sales of the exclusive online lottery system provider of
the Philippine Charity Sweepstakes Office
(PCSO) in the Visayas and Mindanao are projected to grow by a fifth, or 20
percent from P6.49 billion, local media sources reported Willy Ng Ocier,
chairman and president of Pacific Online Systems Corp., said
today..................Subscribers
PCSO
Hits Lotto Record Sales in February
MANILA, Philippines
(March 3, 2009) -- Pacific Online Systems Corp., the exclusive provider of
online lottery system of the Philippine Charity
Sweepstakes (PCSO) in the Visayas and Mindanao, is reported to have told
the Philippine Stock Exchange on Monday that lotto sales in February hit a new
record high.................Subscribers
Equipment Provider Sees Record Lotto Sales For
February
MANILA, Philippines (February 24, 2009) –
According to local media reports Pacific Online Systems Corp., the lone online
lottery equipment provider to the Philippines
Charity Sweepstakes Office (PCSO) in Visayas and Mindanao, is eyeing record
sales this month as loyal lotto players and first-time jackpot chasers turned
out in droves to buy that winning ticket..................Subscribers
Pacific Online, PCSO in Tickets Deal
MANILA, Philippines (February 12, 2009) -- Lottery
equipment provider Pacific Online Systems Corp. has signed an agreement with
the Philippine Charity Sweepstakes Office
(PCSO), its main client, to distribute 30 million instant lottery
tickets....................Subscribers
Pacific Online's Revenues Up As It Installs New Lotto
Terminals
MANILA, Philippines (January 14, 2009) - Listed
Pacific Online Systems Corp., which provides lottery equipment to the
Philippine Charity Sweepstakes Office (PCSO)
in the Visayas and Mindanao, on Wednesday reported that its consolidated
revenues rose by nearly half last year..................Subscribers
Pacific Online, MRT Firm Inks Deal to Distribute PCSO Scratch
Cards
MANILA, Philippines (December 9, 2008) -- Listed
gaming firm Pacific Online Systems Corp. (POSC) has inked a distribution deal
with transport firm Metropass Systems Inc. for ScratchIT instant
tickets...................Subscribers
Pacific Online Revenues Surge 51% to P670
Million
MANILA, Philippines (December 9, 2008) -- Pacific
Online Systems Corp., the lone online lottery system provider in Visayas and
Mindanao, said its revenues grew 51.2 percent in the 11 months to November this
year on the back of higher sales and new terminal
openings.................Subscribers
Gaming Firms Earn Big Bucks
PHILIPPINES
(November 12, 2008) -- PhilWeb’s net income still surged by 74 percent
from P211.8 million for the first nine months of 2008 from last year’s
income of P121.7 million. PhilWeb’s results are not that far removed from
lotto operator Pacific Online Systems Corp............Subscribers
Pacific Online Revenues Soar As More Filipinos Play
Lotto
MANILA, Philippines (November 11, 2008) - The lotto
operator for the Philippine Charity Sweepstakes
Office (PCSO), Pacific Online Systems Corp., said that its sales for the
first ten months have already surpassed its full year 2007 revenues as more
Filipinos....................Subscribers
Lottery System Provider Reports Nine Month Revenues Up 36%
MANILA, Philippines (October 4, 2008) -- Pacific Online
Systems Corp., the lone online lottery system provider in Visayas and Mindanao,
said its revenues in the first nine months of the year rose 36 percent, powered
by new lotto terminal openings and game offerings..............Subscribers
Pacific Online OKs Share Buyback
Scheme
PHILIPPINES (July 13, 2008) -- Pacific Online System
Corp., the supplier of lotto systems and terminals used by state-run
Philippine Charity Sweepstakes Office (PCSO)
in the Visayas and Mindanao, has approved a share buyback program and the
declaration of cash dividends amounting to a total of 25 centavos per
share....................Subscribers
Pacific Online to Sell More Lottery Scratch Cards
PHILIPPINES (July 11, 2008) -- Pacific Online Systems Corp.
said Friday it would sell additional lottery scratch cards worth P400
million.............Subscribers
Pacific Online Targets 25% Revenue Growth in
2008
PHILIPPINES (June 26, 2008) -- Pacific Online Systems
Corp., the government's exclusive online lottery equipment provider in Visayas
and Mindanao, expects revenues to grow 25 percent this year to at least P600
million................Subscribers
Pacific Online Profit Soars 70% to P46.3Million in
Q1
MANILA, Philippines (May 22, 2008) -- Pacific Online
Systems Corp., the exclusive online lottery system provider of the
Philippine Charity Sweepstakes Office (PCSO),
posted a net profit of P46.3 million in the first quarter, up 70 percent from
the previous year, due to higher revenues from the increased number of
terminals.............Subscribers
Pacific Online Declares P49.8M Dividends After Strong Q1
Earnings
PHILLIPINES (May 7, 2008) -- Pacific Online
Systems Corp., the government's exclusive online lottery equipment provider in
Visayas and Mindanao, has declared P49.8 million in dividends to shareholders
after it recorded strong earnings in the first quarter...............Subscribers
Pacific Online to
Increase Lottery Terminals
MANILA, Philippines (April 10,
2008) -- Publicly listed Pacific Online Systems Corp. aims to boost by a
quarter this year the number of lottery terminals it operates in its franchise
area in a bid to maintain the growth momentum it achieved last
year..............Subscribers
Pacific Online 2007
Income Soars 167%
MANILA, Philippines (April 9, 2008) --
Pacific Online Systems Corp., the government's exclusive online lottery
equipment provider in Visayas and Mindanao, said Wednesday its net income last
year grew 167 percent to P134.6 million from P50.5 million a year
ago................Subscribers
Pacific Online Launches
Four New Scratch Card Games in Philippines
MANILA,
Philippines (January 21, 2008) -- Online lottery provider Pacific Online
Systems Corp. launched four new scratch card games that can generate as much as
P400 million in sales...............Subscribers
Lottery Equipment
Provider Pacific Online to Spend P75M for New Terminals, Lotto
Outlets
MANILA, Philippines (January 18, 2008) –
According to local media reports lottery equipment provider Pacific Online
Systems Corp. will spend about P75 million to install additional online betting
terminals and lotto outlets this year.................Subscribers
Expansion Lifts Lotto
Operator’s Revenues
MANILA, Philippines (December 22,
2007) -- Pacific Online Systems Corporation, the exclusive online lottery
systems and terminal supplier of state-run Philippine Charity Sweepstakes
Office (PCSO) in the Visayas and Mindanao announced that its revenues rose in
November due to ..............Subscribers
Pacific Online Acquires
SM-Based Lottery Betting Stations
PHILIPPINES (August 31,
2007) – Pacific Online Systems Corp., the government’s exclusive
online lottery system provider in Visayas and Mindanao, said its wholly-owned
unit Loto Pacific Leisure Corp..........................Subscribers
Scratch-Card Game Seen
To Overtake Lotto Sales
PHILIPPINES (July 10, 2007) -- A
new scratch-card game may overtake lotto ticket sales in the next few years,
proponents of the latest Philippine Charity Sweepstakes Office (PCSO) game of
chance.........Subscribers
PCSO to Generate P200M
Revenue From Scratch Card Game
PHILIPPINES (July 9, 2007)
-- Government-run Philippine Charity Sweepstakes Office (PCSO) is targeting
P200 million in revenue for the first nationwide run of its Scratch Card Game
from July to December........Subscribers
State Lottery Taps
Pacific Online Systems to Distribute Scratch Card Game
PHILIPPINES (June 25, 2007) – The state-owned Philippine Charity
Sweepstakes Office (PCSO) has reportedly tapped listed lottery systems provider
Pacific Online Systems Corp. as master distributor of the PCSO scratch card
game to be launched next month............Subscribers
Company to Deliver
Additional Lottery Terminals
PHILIPPINES (March 20, 2007)
-- Belle Corp. Unit Pacific Online Systems Corp. will be expanding its
1,000-terminal lottery business in the Visayas and Mindanao by adding 500
terminals this year and another 500 next year, in a bid to further jack up the
P4 billion in sales it posted last year..........Subscribers
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