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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.

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.

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.

Analyst Reports 17 Feb 2017 | 2:00 AM

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).

Business 09 Dec 2010 | 12:00 AM

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.

Business 05 Feb 2009 | 12:00 AM

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.

Business 23 Aug 2008 | 12:00 AM

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.

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.

Advertising & Media 23 Jun 2018 | 12:00 AM

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.

Business 13 Feb 2010 | 12:00 AM

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.