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Background Information Supreme
Ventures Ltd. (SVL), is a locally owned company and was formed in 1995 by the
late Peter Stewart, Paul Hoo and Ian Levy. The company began lottery operations
on June 25, 2001. The company has diversified its portfolio into other areas of
the gaming industry including Video Gaming Lounges and Sports Betting. On
January 1, 2007 a new company - Supreme Ventures Lotteries Limited was formed
and the licences for all the lottery game brands were transferred to that
entity.
HISTORY
On January 11, 2001, a licence was granted by the
Betting, Gaming and Lotteries Commission to Supreme Ventures Limited, to
promote and conduct three specific lottery games under strict rules and
regulations established by the Commission. The licence granted by the
Commission was valid for 10 years. The Company has since received an extension
of its licence to the year 2026. The Company began operations on June 25,
2001 with two out of the three lottery games that it was licensed to offer.
The games were "Cash Pot" and "Lucky5". The third game, Dollaz!, was
launched on January 20, 2003. During its relatively short tenure, Supreme
Ventures has earned the enviable reputation of being one of the leading and
more dynamic companies in Jamaica with its well recognized brand icon being the
treasure chest. SVL acquired 100% of the shareholdings in the Jamaica Lottery
Company (JLC) in December 2003, thus gaining a larger foothold in the gaming
industry with lottery sales for the financial year 2007 exceeding $16.9
Billion. The company has grown significantly since the acquisition of JLC
and now boasts annual revenue in excess of $25 Billion dollars. With a labour
force of approximately 450 persons directly employed to the Supreme Ventures
Group and over 900 lottery terminals islandwide, with a total of 7 lottery
games, the popularity of our products has increased as everything is now all
"under one roof". The local games are Cash Pot, Lucky5, Dollaz!, Lotto,
Pick 3, Pick 2 and WinQuick, the scratch and win type game. Supreme
Ventures Lotteries Limited introduced the Super Lotto game on August
25, 2009. Super Lotto is a multi-jurisdictional jackpot game, which is the
first game of its kind in the Caribbean and Latin America. Super Lotto is sold
simultaneously in the Jamaica, Dominican Republic, Barbados, St. Kitts &
Nevis, Anguilla, Antigua, St. Maarten and the US Virgin Islands. Super
Lotto is similar to Powerball, Euro millions or Mega millions, in which sales
of different countries or jurisdictions are combined to facilitate jackpot
prizes that have never been seen before in these territories. The game has
prize draws twice weekly (Tuesdays and Fridays) at 9:30 p.m. The starting
Jackpot is now J$180,000,000. For more information on Super Lotto you may
visit the website at www.superlottogame.com The Supreme Ventures
Group The Supreme Ventures Groupof Companies is structured as
follows: Supreme Ventures Lotteries Limited: Online provider of lottery games
and Electronic Phone PINs. Prime Sports (Jamaica) Limited:
Operator of Video Gaming Lounges (slot machine lounges). The
Gaming Lounges are: - Acropolis Gaming & Entertainment Centre Barbican
Centre, 29 East Kings House Road Kingston 6 - Acropolis Gaming &
Entertainment Centre Bargain Village Plaza, 35 Main Street May Pen, Clarendon
- Acropolis Gaming & Entertainment Centre 5-7 Seagrape Close, Portmore
St. Catherine - Coral Cliff Gaming Lounge 165 Gloucester Avenue Montego
Bay, St. James Each of the Acropolis Gaming Lounges has a sports bar within
called The Arena, at The Acropolis and at Coral Cliff there is a restaurant
called Rum Jungle. Supreme Ventures Financial Services Limited:
Providers of MoneyGram money transfer and Cambio services. Big 'A'
Track 2003 Limited T/A Supreme Ventures Sports Betting:
Offers betting on international sporting events.
| News
2011 |
| October 4, 2011 |
Supreme Ventures, A Company
in Which INTRALOT Holds A Strategic Stake, Sponsors the Annual Jamaica
2-Year-Old Horseracing Series |
| August 17, 2011 |
Supreme Ventures
Profit Jumps on Core Lottery Business |
| August 17, 2011 |
Lottery Company Weighs
Future of Super Lotto |
| June 26, 2011 |
Gaming and Lottery
Company CEO Promises Record Profit This Year |
| June 24, 2011 |
Supreme Ventures and GTECH
Toast First 10 Years |
| May 16, 2011 |
INTRALOT Provides VLTs
& Monitoring System To SVL in Jamaica |
| May 13, 2011 |
Lotto Classic to kick Off
Lavish SVL Anniversary |
| April 29, 2011 |
Lottery, Gaming Giant
Supreme Ventures Celebrates Its Tenth Anniversary This Year |
| April 27, 2011 |
Lottery, Gaming Company
Looks to Enter the Telephone Betting Market as Part of Its Planned Expansion
Program |
| April 18, 2011 |
Lottomatica Group
Subsidiary GTECH Corporation Signs 10-Year Contract Extension With Supreme
Ventures In Jamaica |
| April 13, 2011 |
Lottery, Gaming Company
Commits to US$5m Expansion |
| March 30, 2011 |
Lotteries Commission
Announce Success in Its Prosecution of Illicit Cash Pot Sales |
| March 30, 2011 |
Lotteries Commission
Announce Success in Its Prosecution of Illicit Cash Pot Sales |
| News
2010 |
| Dec 15, 2010 |
SVL Makes More Changes to
Super Lotto |
| Nov 16, 2010 |
Supreme Ventures' Profit
Plunged in September Quarter |
| Nov 3, 2010 |
Cash Pot Gets a Fourth
Draw |
| Oct 14, 2010 |
SVL Rolling Out Two More
Lottery Games |
| Oct 11, 2010 |
$467 Million Super Lotto
Multi-Jurisdictional Caribbean Game Jackpot Hit! |
| August 19, 2010 |
Report of the Board of
Directors Supreme Ventures Limited, Unaudited Financial Statements 30th June
2010 |
| August 25, 2010 |
SVL Fell Short On Record
Jackpot |
| June 6, 2010 |
Multi-Jurisdictional Game
Performing Below-Par |
| May 19, 2010 |
SVL Sees 63% Increase in
Net Profit |
| May 5, 2010 |
Gaming Company President
Predicts a US-Billion-Dollar Lottery Within Five Years |
Have A 'Lotto' Trust In
Your Lawyer? Article By: Gavin Goffe. Mr. Goffe
is a litigation associate at Myers, Fletcher & Gordon and a member of its
Tax Practice Group. KINGSTON, Jamaica (April 14, 2010)
It took one lucky player six weeks to claim his $240 million lottery jackpot,
the biggest ever in the game's history. That's how long he needed to relax and
sort himself out, and of course, buy a wig and fake beard. There are at least
seven million reasons (before tax) why the first call that any lottery winner
should make is to his lawyer. The lotto rules provide that Supreme Ventures
Ltd has the right to publish the names, addresses and photographs of the
jackpot winners. It is thought that revealing their identities will earn public
confidence and make the game appear more winnable......................Subscribers
Supreme Ventures Makes
Changes to Super Lotto JAMAICA (March 7, 2010)
Supreme Ventures Limited (SVL), in an attempt to attract more players to the
Super Lotto, has revamped the multi-jurisdictional lottery game to now include
a lower price option on tickets and more opportunities to win the lower tier
prizes......................Subscribers
Exciting New Sports
Betting Game to be Unveiled Soon JAMAICA (December 8, 2009)
-New reports advise betting and gaming company Supreme Venture (SVL) will soon
be unveiling a new sports betting game called JustBet, where fans can wager and
win by making predictions on their favourite
sport..........................Subscribers
Gaming Companys
Two Month Profit More Than Doubles JAMAICA (November 18,
2009) - Supreme Ventures Limited (SVL) saw a 166 per cent improvement in
pre-tax profit during the two-month ended September 30, 2009, when compared to
the corresponding period last year, as strong growth in its core lottery
business pushed up revenues.....................Subscribers
Supreme Ventures
Restructures Gaming Lounge Operations KINGSTON, Jamaica
(October 15, 2009) -- Supreme Ventures Limited (SVL) has announced the
restructuring of its Gaming Lounge business operations, with its decision not
to renew a lease agreement with the Hilton Kingston Hotel, for the space
occupied by the Villagio Gaming Lounge on that
property.....................Subscribers
Supreme Ventures Limited
Announce Unaudited Consolidated Financial Statements to July 31,
2009 Report of the Board of Directors Unaudited
Financial Statements 31st July 2009 JAMAICA (September 14,
2009) -- The Directors of Supreme Ventures Limited (SVL) are pleased to present
the unaudited financial results for the nine-month period, 1st November 2008 to
31st July 2009.........................Subscribers
Lottery Chief Responds
to Complaints That Super Lotto is Too Difficult to Win
JAMAICA (September 11, 2009) -- Supreme Ventures Limited (SVL) has said
that the odds of matching all five numbers and the superball to win the jackpot
in its Super Lotto game is one in 11 million.....................Subscribers
West Indies Gaming Giant
Poised to Capitalize on Implementation of Sports Betting
Amendment JAMAICA (September 16, 2009) According to
local gaming giant Supreme Ventures (SVL) has positioned itself for amendments
to the Betting Gaming and Lotteries Act (BGLC) that would make sports betting
legal in Jamaica, but other stakeholders in the industry are unwilling to
commit themselves until actual measures are
passed...........................Subscribers
SVL Looks to Boost
Bottom Line with Multi-Jurisdictional Super Lotto Game
JAMAICA (August 30, 2009) -- The Jamaica Gleaner reports listed gaming
firm, Supreme Ventures Limited (SVL), says it expects between US$35 million and
US$40 million in revenue each year from the new Super Lotto game being played
simultaneously in seven Caribbean countries..................Subscribers
Supreme Ventures Goes
Regional with US$2-m Super Lotto Jamaica (August 21, 2009)
-- Jamaican gaming company Supreme Ventures Limited (SVL) will today hold the
first draw of its Super Lotto, the company's new multi-jurisdictional lottery
game that will be played across seven Caribbean
countries....................Subscribers
Supreme Ventures Limited
Announce Unaudited Consolidated Financial Statements 30th April
2009 Report of the Board of Directors Unaudited
Financial Statements 30th April 2009 JAMAICA (June 12, 2009) --
The Board of Directors of Supreme Ventures Limited (SVL) presents the unaudited
financial results for the half-year period 1st November 2008 to 30th April
2009. Despite the challenging economic environment and the impact of the global
recession, the company is appreciative of the publics support for its
products and services, resulting in a 13.15% increase in revenue over the
corresponding period in 2008......................Subscribers
Supreme Ventures
Launches Telebetting Facility Supreme Ventures has
now added the convenience of placing wagers for the Lotto, Pick3 and Cash Pot
games via telephone JAMAICA (June 17, 2009) -- Jamaican gaming
company Supreme Ventures Limited (SVL) has positioned itself to capitalise on
an amendment made by Government to facilitate phone
betting.......................Subscribers
Lottery and gaming
Company Supreme Ventures Sees Improvement From Restructuring
JAMAICA (June 14, 2009) -- Considerably less players left their winnings
from popular lottery games such as Cash Pot and Lotto uncollected during the
three months that ended April 30, 2009, and gaming company Supreme Ventures
Limited (SVL) ..................Subscribers
INTRALOT Ups SVL Shareholding to Seven Percent, But Intends to
Eventually Grow Its Holding to Ten percent KINGSTON, Jamaica
(April 1, 2009) According to local media reports Supreme Ventures
Limited (SVL) chairman, Paul Hoo said INTRALOT, the gaming systems provider which
Supreme Ventures Limited (SVL) is using to manage its planned foray in sports
betting, has taken up seven per cent of the Jamaican company's shares, but will
eventually grow its holding to 10 per cent.................Subscribers
SVL
Top Shareholders Stand To Make J$212-m From Dividend
Pay-Out JAMAICA (March 27, 2009) According to a local
media report when Supreme Ventures Limited (SVL) returns $343 million of
capital to shareholders this May, the company's top three
shareholders...............Subscribers
Supreme Ventures Bets on Pan-Caribbean 'Super Lotto' Game -
Starting Jackpot US$2m JAMAICA (March 27, 2009) - -In a bid
to bolster flat revenues and sagging profits, listed gaming company Supreme
Ventures Limited (SVL) has unveiled plans to launch in four months a US dollar
lottery game across six Caribbean countries.................Subscribers
Gaming company Supreme Ventures Posts Lower Profit In First
Quarter JAMAICA (March 20, 2009) -- Gaming company, Supreme
Ventures Limited (SVL), has recorded depressed first quarter results showing
net profits tumbling 19.56 per cent in the period to the end of January,
reflecting anaemic revenue growth and burgeoning pay-outs particularly on its
Cash Pot lottery game..................Subscribers
Supreme Ventures Posts $172.94M Net Profit For First Quarter
2009 KINGSTON, Jamaica (March 17, 2009) -- The Board of
Directors is pleased to present its unaudited financial results for the first
quarter, covering the period 1st November 2008 to 31st January
2009....................Subscribers
Economic Crisis Puts Damper on Local Gambling
Industry JAMAICA (March 15, 2009) -- The local gaming
industry is bracing for the worst in the ongoing economic meltdown that has
cost some industry players up to a third of gambling revenues over the past six
months. According to provisional statistics provided by the Betting, Gaming & Lotteries Commission (BGLC) the
industry posted a flat performance last year. Total gross profit across the
industry's betting, lotteries and gaming (gaming lounges and machines)
subsectors were................Subscribers
Major
SVL Shareholder Dumps Shares JAMAICA (March 11, 2009) --
Close to 200 million shares, or 7.5 per cent in Supreme Ventures Limited (SVL)
was sold across the floor of the Jamaica Stock Exchange (JSE) yesterday at
nearly half the price of the year-to-date high.............Subscribers
Supreme Ventures Sued Over Debt
Repayment JAMAICA (January 16, 2009) Supreme Ventures
Limited (SVL) has been sued by an international company that SVL transacted
business with before it went public three years ago.................Subscribers
INTRALOT Acquires 80 Million Shares in
SVL JAMAICA (January 16, 2009)
INTRALOT, a Greek company that
Supreme Ventures Limited (SVL)has taken on as
partner in a sports betting deal, has acquired 80 million SVL shares or just a
smidgen above three per cent of the gaming and lottery company's
equity..................Subscribers

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