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Supreme Ventures Ltd
Address: Supreme Ventures Limited
The Sagicor Centre, 4th Floor 28 - 48 Barbados Avenue Kingston 5
Jamaica, West Indies
Internet: http://www.supremeventures.com/
E-mail Address: communications@svlotteries.com
Phone: (876) 754-6526
Fax: (876) 754-2143
Population: 2.8 million
Chairman:
President & CEO:
Paul Hoo
Brian George
Year Lottery Founded: 2001
Sales FY 2010: US$287,356,322
Number of Employees: 400
On-line Vendor: GTECH
Internet Gaming System: Intralot S.A
Instant Ticket Vendor: GTECH
Games Offered: Lotto, Pick3, Pick 2, Cash Pot, Lucky5, Dollaz, WinQuick (Instants) and Super Lotto games
Beneficiaries: CHASE Fund
Jurisdiction: Public, JAM:SVL

 

Background Information

 

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 2014
July 13, 2014 Supreme Ventures Limited (SVL) Gives Vote of Confidence in Regulator
June 24, 2014 Supreme Ventures Celebrates Anniversary with New Game - Top Draw
June 11, 2014 Geography a factor for Low Lottery Sales
June 4, 2014 Local Sports Betting Represents High Growth Area for Lottery Company
April 25, 2014 Supreme Ventures Limited Extends Sales Period
April 2, 2014 Supreme Ventures Super Lotto goes to Paraguay
February 21 2014 Changes in Law will mean SVL forgo Unclaimed Prize Monies
February 21 2014 Supreme Ventures Relocates Regional Office
January 5, 2014 Company Gaming Tax Impacting on Profit
December 26, 2013 Supreme Ventures announce closure of Coral Cliff Operations

News 2013
November 19, 2013 Lottery Extends Sale Time
November 4, 2013 Supreme Ventures Gives Back To Society
October 31, 2013 SVL Close To Testing Mobile Lottery Sales
September 9, 2013 Players Trend in Disregarding Tickets if not a Large Win
August 10, 2013 Sundays Serving Supreme Ventures Well
June 7, 2013 Sunday Drawing Gaining Popularity Slowly
June 3, 2103 SVL Calls for Government Support in Eradicating Illegal Lotteries
May 22, 2013 Expanded Retail Hours leaves Supreme Ventures Optimistic
May 14, 2013 SVL’s 12th renewal of the Annual Lotto Classics
March 27, 2013) Government Trades-Off Increases in Gross Profit Tax on Lottery Sales for Ticket Selling on Sunday and Public Holidays
February 27, 2013 Government Permits the Sale of Lottery Tickets on Sundays and Public Holidays
February 20, 2013 Supreme Ventures Opens Odyssey Gaming Lounge


News 2012
December 14, 2012 Supreme Ventures Report Increased Profits for the Nine Months to September 30
August 29, 2012 Gaming and Lottery Company Named in a Lawsuit
August 15, 2012 Olympics Boost Supreme Ventures Revenue
June 10, 2012 Close to $1b in Lottery Prize Money Unclaimed
April 4, 2012 SVL Opens Acropolis Gaming Lounge in Cross Roads with New Technology by INTRALOT
March 14, 2012 Cash Pot’ Eats Into Supreme Ventures Profit
February 15, 2012

Supreme Ventures Launches A New Game With Smartplay's Mercury

February 1, 2012 Gaming and Lottery Company to Delist From Trinidad Exchange


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

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