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.

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

Lottery Supplier Eyes IPO
MANILA, Philippines (March 1, 2007) -- At least 14 companies are preparing to go public between 2007 and 2010 to take advantage of the booming stock market, the Association of Securities Analysts (ASAP) in the Philippines said yesterday.
ASAP director Astro del Castillo said in a press briefing that the majority of these companies planned to conduct an initial public offering (IPO) this year and the next.
Among them is Pacific Online which has filed an application with the Securities and Exchange Commission and the Philippine Stock Exchange to go public.
Pacific Online, the exclusive online lottery system provider of state-owned Philippine Charity Sweepstakes Office (PCSO) in Visayas and Mindanao, expects to generate as much as P250 million in proceeds from the public offering.
Proceeds from the IPO would be used to purchase 600 new terminals for the deployment of the Keno online lottery, the first marathon lottery from 12 noon to 12 midnight daily. The firm is targeting to have 1,500 terminals in Visayas and Mindanao by mid-2007.
Underwriters for the offering will be Asian Alliance Investment Corp. and BDO Capital & Investment Corp.
The company is 43% owned by listed company Belle Corp., 37% owned by Abacus Global Technovisions, Inc., and 20% owned by Tanjong Public Ltd. Co., a Malaysian holding firm.
In 2005, Pacific Online partnered with Scientific Games Corp. to upgrade PCSO's online data center and install 900 online lottery terminals in the Visayas and Mindanao . Early this year, Pacific Online successfully completed the $10-million upgrade of the traditional lottery system to the state-of-the-art lottery and terminal system.