The Daily News Service, the competitive edge you need. Insightful information about lotteries, vendors and the people who lead them -- Click Here

Home

Want to know more than the headlines
Sign-up Now!

Return to Index


VENDORS


Pacific Online Systems
Address: Unit 2201A, 22/F West Tower Philippine Stock Exchange Centre Ortigas Center, Pasig City, Metro Manila 1605
Internet: http://www.loto.com.ph/index.php
Phone: (02) 636-5281 – 83
Fax: (02) 636-1657
Key People:
Chairman / President

Willy N. Ocier

Background Information

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.


News 2011
October 17, 2011 Lotto Company Plans Stock Listing
August 24, 2011 Pacific Online Systems Share Buy-Back
June 26, 2011 Listed Lottery, Gaming Firm Sees Vast Room for Growth in the Country’s Gaming Market
June 24, 2011 Pacific Online Posts Record Net Income, Company Rolls Out More Lottery Terminals
June 13, 2011 Pacific Lottery Corporation Sells a Lottery Technology License to Chinalotto Affiliate
January 27, 2011 Pacific Online Contemplates Tie-Up for Text Betting with DFNN

News 2010
Oct 8, 2010 Pacific Lottery Provides Corporation Update
Sept 24, 2010 Listed Gaming Firm Pacific Online to Sell Treasury Shares
Sept 20, 2010 Pacific Online Partners with Digitel
August 25, 2010 Pacific Online Limited Announce Interim 2010 Unaudited Financial Results
July 26, 2010 Listed Gaming Firm Pacific Online Systems Corp. Up 14%
April 19, 2010 Lotto Sales Lift Pacific Online's Q1 Income by 15%
March 29, 2010 Gaming Company Pacific Online Systems Posts Net Income of P263M for 2009
March 22, 2010 Philippine Lotto Co Pacific Online Posts US$5.7Million Income For FY09
March 15, 2010 Philippines Gambling Firm Pacific Online Profit Up
January 6, 2010 Lotto Firm’s Sales Climbed 18.5% to P7.69b Last Year


News 2009

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

Up


 
This site is optimized for Explorer 4.0 & above and a monitor resolution of 1280 x 1024.
Please adjust your screen accordingly.
Interplay Multimedia Pty. Ltd.disclaims all liability for information provided within Lottery Insider.
Data supplied by named sources.
Associated Press content is Copyrighted by The Associated Press.
All other news articles are owned by their respective publishers.