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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.
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.
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.
Maybank IB: Amendment to the CGHA positive for legal NFOs
KUALA LUMPUR: Maybank Investment Bank Research is positive on the amendment to the Common Gaming Houses Act 1953 (CGHA) as it may be positive for legal number forecast operators (NFOs).
Analysts see NFOs losing market share to illegals
PETALING JAYA: While the new prize structure for 4-Digit (4D) Big Game will improve the net profit margins of numbers-forecast operators (NFOs), it will likely cause them to lose some market share to illegal operators, analysts say.
NFOs expected to get 10 special draws this year
Analysts expect 10 special draws to be approved for each gaming company in the first quarter this year although number forecast operators (NFOs) are still working through their respective 10 special draws approved last October.
OSK: Casinos may be hit with higher taxes than NFOs
Casinos may be hit with a higher tax structure than numbers forecast operators (NFOs) under the gaming sector tax structure to be announced in Budget 2009 next week.
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.
NFOs likely to see short-term disruption to ticket sales during World Cup
THE FIFA World Cup season is here. For sports fans, it will be a period of fun and excitement, while for some businesses, such as those operating in the consumer sector, it will be a period of business boom.
NFOs upping ante to win a share of the festive punting fever
IN every gamble, the first rule always applies. And that is, the house always wins.