pacific integrated lottery inc

Pacific integrated lottery inc

Want to know more than the headlines

Pacific Online Systems
Address: Unit 2201A, 22/F West Tower Philippine Stock Exchange Centre Ortigas Center, Pasig City, Metro Manila 1605
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 2015
April 19, 2015 Pacific Online Systems Corporation Expect Record Sales

News 2014
February 17, 2014 Pacific Online Systems Corp Restores Terminals after Storm Damage

News 2013
May 4, 2013 Profits Surge on Back of New Terminal Network
April 20, 2013 Lotto Company Disputes Claims a New Contract was offered without Bidding Process
March 26, 2013 Equipment Provider’s Lottery Contract Extended
March 24, 2013 Philippine Gaming Management Corp Intends to Bid on Visayas-Mindanao Lottery Contract
March 19, 2013 Lottery Equipment Supply Contract Awarded Without Being Put-Out to Public Tender
January 21, 2013 Pacific Online’s Lottery Sales Jump 23% to P11.7b
December 27, 2012 Pacific Online Seeks Supreme Court Intervention in Lottery Dispute

News 2012
December 19, 2012 Berjaya Locked in Legal Battle with Government Sweepstakes Organization Over Lotto License
October 8, 2012 Pacific Online Post 15% Business Growth in January – September
October 8, 2012 Lottery Systems Provider Reports P8.2 Billion in Lottery Sales for 2012 To Date
August 17, 2012 Lottery Sales Raise Pacific Online Systems H1 Net Income to P201 Million
August 10, 2012 Lotto Operator Doubles Q2 Income
June 3, 2012 Pacific Online Systems Reduces Lotto Equipment Lease Rate to Sweepstakes Office
June 4, 2012 Pacific Online to Rollout of an Additional 600 Lottery Terminals For PCSO’s Visayas, Mindanao Lotto Operations
May 23, 2012 Pacific Online Systems Roll Out 600 New Lotto, Keno Terminals Nationwide
March 11, 2012 Pacific Online Decides Not To List Lucky Circle

News 2011
February 25, 2012 Lottery Technology Supplier Reports Income Decline
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

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Pacific integrated lottery inc Want to know more than the headlines Pacific Online Systems Address: Unit 2201A, 22/F West Tower Philippine Stock Exchange Centre Ortigas


Highlands County Sheriff’s Office

Here is a prime example of a mail scam. A resident got this letter, along with a nice check for more than $8,000. Turns out they had “won” a sweepstakes that nobody has ever heard of and were going to get a whopping 500 grand!!

You can read the letter for yourself, but here is what would have happened if the “winner” had called the “claims agent.” They would have been told to deposit the $8,768.88 check, send the $8,000 “taxes” back to the agent and keep the extra. Then, when the check bounced, the “winner” would have been on the hook for $8,000.

Here are the problems with this letter and check:

1) Why would the “Pacific Integrated Lottery” be headquartered in London, which is nowhere near the Pacific Ocean?
2) Foreign lotteries are illegal in the United States. A simple Google search of Pacific Integrated Lottery would tell you that.
3) Another Google search shows the phone number is registered in Canada, not London or New York City.
4) Yet another Google search shows 215 E. 111th Street in New York City is an apartment building in East Harlem, not an office building.
4) The instructions to not “act on this letter until you call and speak with your claims agent.” The “don’t tell anybody” line is a classic scam technique.
5) The check signature is just a first name.

Despite all of that, this should raise red flags just from the first rule of scam identification: If it sounds too good to be true, it probably is. If you “win” a contest that you don’t remember entering, you are probably getting scammed.

Here is a prime example of a mail scam. A resident got this letter, along with a nice check for more than $8,000. Turns out they had "won" a sweepstakes… ]]>