BToto is sole eligible bidder of Philippines lottery system

  • Business
  • Friday, 12 Jul 2019

In fact, the research house said, Berjaya Sports Toto Bhd

PETALING JAYA: Berjaya Philippines Inc has emerged as the only bidder eligible for the five-year lease of the Philippine Charity Sweepstakes Office (PCSO) lottery system through its subsidiary Philippine Gaming Management Corp (PGMC).

BERJAYA SPORTS TOTO BHD, which is the parent company of Berjaya Philippines, said in a filing with Bursa Malaysia that PGMC was one of only two bidders for the contract.

PGMC was the only one declared eligible, subject to evaluation and approval by the state-owned PCSO.

“Being the only one declared eligible, only PGMC’s financial bid was opened,” it said. The bid is for Luzon, Visayas and Mindanao.

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