LOTO now has 2,500 terminals selling various lottery games, operated by the PCSO. It's 75%- owned subsidiary, Total Gaming Technologies, Inc., has more than 500 terminals and sells Keno ("Express Lotto") nationwide, for PCSO. LOTO is on track to handle PCSO lottery sales of P11.0 Billion for full year 2012, highest ever in the Company's history. The Company has been a systems provider of the PCSO since 1996.
LOTO made P201.0 Million in the First Half of 2012. Rhederick Inciong, LOTO CFO remarks, "Consolidated full year net income may hit P450.0 Million." The PCSO is looking forward to another banner year in their endless quest to raise funds for charity.
"We expect PCSO sales to be brisk in the Fourth Quarter of 2012 and the months leading to the May 2013 elections", says Willy Ocier, Chairman/ President and CEO of LOTO.
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