Analysts bullish on Magnum with talk of new betting game


  • Business
  • Wednesday, 17 Aug 2005

ANALYSTS remain bullish on Magnum Corp Bhd as they expect the numbers forecast operator (NFO) to introduce its own betting game to rival Pan Malaysia Pools Sdn Bhd's i-Box. This will enable Magnum to maintain its leadership in the industry and boost earnings.  

Currently, Magnum leads the NFOs with a 38.2% market share but competitors like Berjaya Sports Toto Bhd (BToto) and Tanjong plc are fast catching up, with 38% and 23.8% shares respectively. 

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