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KUALA LUMPUR: Berjaya Sports Toto (BToto) negatively surprised with a headline net loss for May-June 2019 due to impairments at Philippine Gaming Management Corporation (PGMC), Maybank Investment Bank Research said.
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.
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.
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.
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.
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.