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Pacific Online cites PH lottery milestones

Published Dec 29, 2023 06:21 am

Pacific Online Systems Corporation, the lottery unit of Willy Ocier-led Belle Corporation, reported two “game-changing” milestones in 2023.

In a disclosure to the Philippine Stock Exchange (PSE), the firm said its first achievement is the successful launch of the first-ever official E-Lotto of the Philippine Charity Sweepstakes Office (PCSO) which allows Filipinos and qualified players to place their bets anytime, anywhere.
Pacific Online is profitable again

Pursuant to the Memorandum of Agreement signed on August 30, 2023 with the PCSO, Pacific Online, as the exclusive system and technology provider for the one-year trial run, recently forged ahead with the launch of PCSO E-Lotto, which is currently experiencing strong demand from the playing public. 

“This first-ever official, innovative and game-changing web-based application betting platform is available to fully registered and PCSO-verified players 18 years old and above…starting Dec. 15, 2023,” the firm said.

It added that, “players can now conveniently play their favorite lotto games and pay through GCash and prospective third-party payment gateways.”

Lotto main photo.jpg

Pacific Online also reported that, in 2023, PinoyLotto Technologies Corporation had successfully launched its nationwide lottery system.

PinoyLotto, the joint venture of Pacific Online, Philippine Gaming Management Corporation, and International Lottery & Totalizator Systems Inc., successfully launched the Philippine Lottery System (PLS) on Oct. 1, 2023, resulting in a unified and centralized lottery operations from the decades old legacy system.

PinoyLotto completed the migration to PLS and installed 6,500 terminals on the ground to cater to retail customers nationwide. In 2021, PinoyLotto won the bid for this P5.8 billion contract for five years.

“These two major achievements of Pacific Online underscore its commitment to support the mandates of the PCSO,” the firm said. 

On Dec. 16, 2023, the PCSO raised the stakes even more in its “Handog Pakabog” Christmas draws by “offering a whopping more than P1 billion in combined winnings for lucky bettors after it raised to a minimum guaranteed P500 million the jackpot prizes each for its Grand Lotto 6/55 and Ultra Lotto 6/58 games.”
 

Related Tags

Belle Corporation Philippine Charity Sweepstakes Office Pacific Online Systems Corporation
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