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On January 11, 2001, a licence was granted by
the Betting, Gaming and Lotteries Commission to Supreme Ventures, to promote
and conduct three specific lottery games under strict rules and regulations
established by the Commission. The licence granted by the Commission is valid
for 10 years. The Company has since received an extension of its licence to the
year 2016.
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.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 sales in 2004 exceeding $12 Billion.The company has grown
significantly since the acquisition of JLC.With a labour force of approximately
300 persons, over 900 lottery terminals island wide and with a total of 5
lottery games, the popularity of our products has increased as everything is
now all “under one roof.”There are the original SVL games: Cash Pot,
Dollaz and Lucky 5 as well as the game operations for the Lotto and Pick 3 for
which the Jamaica Lottery Company holds licences.The other JLC - Instant games
was re-launched in March 2005, under the brand name WinQuick.
The company
operates 6 Regional Retail Centres across the island.
Supreme Ventures,
which began operating four years ago, last year acquired its competitor,
Jamaica Lottery Company. Early 2003, the company faced a significant decine in
revenues after finance minister Dr Omar Davies imposed a 15 per cent tax on the
winnings of wagerers. The tax was eventually removed, and the company
immediately began to recover its revenue base.
 Supreme
Ventures Releases Audited Financials For 31st October
2008
JAMAICA (December 19, 2008) – The Board of
Directors of Supreme Ventures Limited (SVL) is pleased to release the audited
results for SVL and its subsidiaries for the financial year ended 31st October
2008..............Subscribers
Gaming Company Expects $15m
Starting Jackpot to Boost Lotto Revenues
JAMAICA (November
5, 2008) -- Gaming company, Supreme Ventures Ltd (SVL) says that doubling the
starting lotto jackpot to $15 million will increase its
revenues.............Subscribers Prime Minister Criticized for
Planning to Shut-Down Gaming Industry...as Jamaican Lotteries Company Listed
Locally
PORT OF SPAIN, Trinidad (October 17, 2008) --
Economist Robert Mayers yesterday criticised Prime Minister Patrick Manning's
decision to do away with the gaming industry...............Subscribers Supreme Venture Enlist on
T&TSE
JAMAICA (October 16, 2008) -- Another Jamaican
company will officially cross-list its shares. Supreme Ventures Limited will on
Thursday list its shares on the Trinidad and Tobago Stock
Exchange...............Subscribers Supreme Ventures &
INTRALOT To Pursue Sports Betting In Jamaica
JAMAIC A
(October 14, 2008) -- The Directors of Supreme Ventures Limited (SVL) are
pleased to announce that the company’s plans for Sports Betting in Jamaica
have been formalized with INTRALOT. Paul
Hoo, Chairman of the Board of SVL said................Subscribers INTRALOT Signs Sports Betting
Contract In Jamaica & Acquires A Stake In Supreme Ventures
Limited
ATHENS, Greece (October 13, 2008) --
INTRALOT S.A. announces that, through its
wholly owned subsidiary INTRALOT Jamaica, it will launch the operation of Fixed
Odds Betting in Jamaica. The duration of the contract is 10 years with possible
extensions............Subscribers Supreme Ventures Files For
Cross-Listing on T&T Exchange
JAMAICA (September 24,
2008) -- Supreme Ventures Limited (SVL) has now filed its application for the
cross-listing of its shares on the Trinidad and Tobago Stock Exchange
(TTSE)..................Subscribers Jamaica Lottery Company
Planning to List on Trinidad and Tobago's Stock
Exchange
PORT OF SPAIN, Trinidad & Tobago (September 17,
2008) -- A Jamaican lottery company is planning to list on Trinidad and
Tobago's Stock Exchange.............Subscribers Supreme Ventures take
$150-million hit from Gustav
JAMAICA (September 7, 2008) --
Gustav cost Supreme Ventures Ltd $150 million in lost sales, when it shut down
its system for the storm's passage. Over the period some Cash Pot gamblers were
upset that they could not place weather-inspired bets with the
closure...............Subscribers CMMB to Arrange Cross-Listing
of Supreme Ventures
JAMAICA (July 2, 2008) -- Lottery
company Supreme Ventures Limited (SVL) has hired CMMB Securities Limited (CMMB)
to arrange the cross-listing of its shares on the Trinidad and Tobago Stock
Exchange...................Subscribers Report of the Board Of
Directors -- Unaudited Financial Statements 30th April
2008
KINGSTON, Jamaica (June 13, 2008) -- The Board of
Directors is pleased to present its unaudited financial results for the half
year period 1st November 2007 to 30th April 2008...............Subscribers Gaming Company Sees 52% Jump
in Profit
JAMAICA (June 16, 2008) -- Despite a challenging
economic climate Supreme Ventures Limited managed to record improved financial
results for the six month period ended April 30...............Subscribers Supreme Ventures To Pay First
Dividend As A Listed Company; Announces Board
Appointment
KINGSTON, Jamaica (May 16, 2008) -- The Board of
Directors of Supreme Ventures Limited (SVL) in a meeting on May 15, 2008
considered a resolution to pay an interim dividend to its
shareholders.............Subscribers SVL Shelves Expansion
Plans
JAMAICA (May 3, 2008) -- Supreme Ventures Limited
(SVL) has shelved all expansion plans, and has replaced its capital-investment
program with a promise to pay big dividends to shareholders,
.................Subscribers SVL Reports Un-audited Financial Statements 31st January
2008
JAMAICA (March 14, 2008) -- Supreme Ventures
Limited’s net profit after tax of $215M for the first quarter represents
an over 300% increase, when compared to the corresponding period last year of
$68.15M. When compared to the 4th quarter of the last financial year (August to
October 2007), the net profit after tax for this period under review also shows
and upward trend of 25.8% in performance...................Subscribers
Supreme Ventures 1Q Profit Up
300%
JAMAICA (March 18, 2008) -- Supreme Ventures Limited's
first quarter profit increased by a whopping 300% to $215
million..............Subscribers SVL Looks to List in Trinidad; Plans to Discuss Partnership
with a European Lotto Company -- President and CEO
SVL
Positioning Itself As A High-Yielding Dividend Stock
JAMAICA (February 22,
2008) -- Speaking at the Mayberry Investments Limited investor seminar on
Wednesday the President and chief executive officer of Supreme Ventures Limited
(SVL) told the audience that earlier in the day.................Subscribers Supreme Ventures Predicts Increase in Profits
JAMAICA (January 22, 2008) -- Supreme Ventures Limited is predicting a
sharp increase in after tax profits for its 2008 financial
year...............Subscribers
Flagship
Lottery Game Whittles Down SVL Profits, Online Bingo Starts
October
JAMAICA (September 19, 2007) -- Executives at
Supreme Ventures Limited (SVL) still have not identified the reason why its
flagship game - Cash Pot - saw an increase in prize payout during the three
months ending July 31............................Subscribers
Lotteries and Gaming Giant Eyes Foreign
Markets
JAMAICA (June 15, 2007) – Lotteries and gaming
giant Supreme Ventures' leading principals have always made it clear that it
wanted to operate on foreign shores and that Jamaica would be just another
territory where it enjoyed a presence........................Subscribers Lottery and Gaming Company Reports Strong Performance -
Predicts Good Third Quarter
JAMAICA (June 13, 2007) --
Supreme Ventures Limited (SVL) has reported a strong six-months performance, in
which revenue grew by 15 per cent, to $9.1 billion......................Subscribers Randomaker® Graphics System Comes on Stream in
Guatemala
UNITED KINGDOM (May 15, 2007) --
Randomaker’s groundbreaking Graphics System has been successfully launched
in Guatemala. The UK company’s unique animation and broadcasting system
has been selected by Supreme Gaming Ltd, Guatemala’s new lottery operator,
to enliven the TV draws of its two games, La Gran Loto and El Suertudo. The
first draws took place at the end of April
2007.............................Subscribers Chairman Says Company Must Diversify Out Of Traditional Lottery
Games To Ensure Long-Term Sustainable Growth And Profitability
JAMAICA (April 5, 2007) -- Speaking at the firm's annual general meeting
held on Tuesday, Brian George, Supreme Ventures Limited (SVL) president told
shareholders that because of recent developments the firm's planned expansion
within the Caribbean region has been put on
hold.............................Subscribers Gaming/Lottery Company Targets Central America for
Expansion
JAMAICA (April 5, 2007) -- Speaking at the firm's
annual general meeting held on Tuesday, Brian George, Supreme Ventures Limited
(SVL) president told shareholders that because of recent developments the
firm's planned expansion within the Caribbean region has been put on
hold.........................Subscribers Lottery, Gaming Company’s Profits Fail to Keep Pace With
Revenues in Last Financial Year
JAMAICA (April 4, 2007) --
According to news sources,’ Supreme Ventures’ (SVL) president and
CEO, Brian George, told SVL shareholders at the company's annual general (AGM)
meeting on Tuesday that company's profits have.........................Subscribers Lottery’s Expansion Plans Put on Hold,
Again
JAMAICA (April 4, 2007) -- Supreme Ventures’
(SVL) plan to participate in the U.S. Powerball lottery Bloc have been cancelled
because of restrictions imposed by the member states of the
Multi-State Lottery Association
(MUSL).................................Subscribers Lottery, Gaming Company Sees Revenues Up, But ‘Cash
Pot’ Payouts Impact Profits
JAMAICA (March 23, 2007)
-- Supreme Ventures’ un-audited financial statements reveal an increase in
revenue to J$4.5 billion for the first quarter-period November 2006 to January
2007........................Subscribers
Lottery and
Gaming Company Looks to Regional Expansion to Grow Shareholder
Value
JAMAICA (November 1, 2006) – Supreme Ventures
(SVL) has reportedly engaged the services of UBS Investment Bank as it looks to
develop new revenue streams and look for new markets outside of
Jamaica...................................Subscribers Lottery Company Expanding To Central America
JAMAICA (September 20, 2006) -- Supreme Ventures Limited (SVL) is reported
to have secured a deal with its technology partner GTECH and Guatemalan firm
Supreme Gaming Limited, as a first step in its thrust into the Central American
market...................................Subscribers Gaming and Lottery Company’s Two Largest Shareholders
Transfer $3 Billion Shares to Family Trust
JAMAICA (July 2,
2006) – Supreme Ventures’ two largest shareholders have reportedly
transferred their shareholding to a trust......................Subscribers Supreme Ventures Reports Increased Revenues
JAMAICA (June 16, 2006) -- For the six-month period ended April 30, 2006
Supreme Ventures unaudited financial statements (the first since it listed on
the Jamaica Stock Exchange in January of this year) show the company posted a
net profit of .................................Subscribers Lottery Company’s Share Price Tumbles
JAMAICA (March 1, 2006) -- Lottery company Supreme Ventures' (SV) stock
price is reported to have dropped by ............................Subscribers Company Rumoured to be Close to Finalizing Guatemala Lottery
Contract
JAMAICA (March 1, 2006) -- Supreme Ventures (SV)
is reportedly very close to reaching an agreement with the Guatemala Government
to manage the country's lottery operation................................Subscribers Lottery/Gaming Company’s Share Offer Opens
JAMAICA (January 11, 2006) – The public offering of
shares in Supreme Ventures Limited (SVL) gives the average Jamaican an
opportunity to invest in a good long-term
investment............................Subscribers 
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