Pacific Online Systems Corporation (LOTO) was incorporated on November 11, 1993. LOTO is engaged in the development, design and management of online computer systems, terminals and software for the Philippine gaming industry. The Company brokers technology from global suppliers of integrated gaming systems and leases to Philippine Charity Sweepstakes Office (PCSO) the equipment needed for its online lottery operations in the Visayas and Mindanao (VisMin) regions. LOTO also provides PCSO the necessary technical support.
In addition to its core gaming operations, LOTO also has an investment in Innovative Solutions Consultancy Group, Corp. (ISCGC), a joint stock company incorporated to manage enterprises engaged in the gaming business. On March 5, 2013, the Securities and Exchange Commission certified the amended articles of incorporation of ISCGC to shorten the term of its existence until April 30, 2012, thereby dissolving ISCGC. The certificate of registration with the Bureau of Internal Revenue was cancelled on February 21, 2013.
On August 29, 2007, LOTO, through its subsidiary Loto Pacific Leisure Corporation (LPLC), acquired Lucky Circle Corporation (LCC), an authorized agent of PCSO to operate several online lottery betting stations located at branches of the SM Supermalls nationwide. LPLC and LCC are entitled to receive a certain percentage of the sale of PCSO lottery, sweepstakes and instant scratch tickets.
The Company, in March 22, 2011, invested in another gaming firm, Leisure & Resorts World Corporation (LRWC) as part of a private placement offering made by the latter. On March 22, 2013, LRWC declared a 20% stock dividend, thereby increasing LOTO’s investments.
As of December 31, 2013, LOTO had already deployed 4,601 online terminals around the VisMin and Luzon territories.
Business Address: 28th Floor East Tower, Philippine Stock Exchange Centre, Exchange Road, Ortigas Center, Pasig City
Telephone No/s.: (632) 636-5281
Fax No.: 6361657
Company Website: http://www.loto.com.ph