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Business 03 Apr 2019 | 2:01 AM

AllianceDBS positive on NFOs sector

KUALA LUMPUR: AllianceDBS Research is positive on the numbers forecast operators (NFOs) sector in view of its improve prospects couple with attractive yields.

Economy 19 Mar 2019 | 12:00 AM

NFO sales rebound

PETALING JAYA: Industry gross number forecast operator (NFO) sales are on a rebound, following active enforcement by the authorities to stamp out illegal gambling activities.

Business 11 Aug 2018 | 12:00 AM Premium

Minimal impact seen for NFOs

Fewer special draws will not affect gaming companies much, say analysts

Corporate News 09 Aug 2018 | 12:00 AM

Minimal impact seen from lower special draws for NFOs

PETALING JAYA: The impact of lower special draws awarded to numbers forecast operators (NFOs) including Berjaya Sports Toto Bhd and Magnum Bhd is expected to be minimal, said Maybank IB Research.

Analyst Reports 08 Aug 2018 | 1:11 AM

Minimal impact on BToto, Magnum if one less special draw a week

KUALA LUMPUR: Maybank Investment Bank Research sees the government’s proposal to reduce the special draws awarded to numbers forecast operators (NFOs) to have a minimal impact on Berjaya Sports Toto and Magnum.

Corporate News 08 Aug 2018 | 12:00 AM

Shares in NFOs take a beating

PETALING JAYA: Shares in numbers forecast operators (NFOs) fell after the government announced plans to reduce the number of special draws next year.

Markets 07 Aug 2018 | 10:01 AM

KLCI closes at 10-week high on telco recovery, foreign funds

KUALA LUMPUR: Sustained foreign fund support for key stocks including telcos and IHH saw the FBM KLCI closing at a 10-week high on Tuesday while trading volume improved.

Corporate News 07 Aug 2018 | 7:21 AM

BToto, Magnum fall as special draws for NFOs to be reduced

KUALA LUMPUR: Shares of numbers forecast operators (NFOs) fell on Tuesday afternoon after the government announced plans to reduce the number of special draws in 2019.

Business 12 Jul 2018 | 12:00 AM

Gaming sector to benefit from better consumer sentiment

PETALING JAYA: The gaming sector is expected to benefit from a recovery in consumer sentiment, following the reduction of goods and services tax (GST) rate to 0%, reintroduction of petrol subsidy and the promise of a minimum wage increase to address the higher cost of living.