Abstract:
PCSO derives its revenues from the retail receipts of its main gaming products,namely: Lotto, Lotto Express (Keno) and Sweepstakes.
The combined retail receipts of the three products for the 2nd Quarter of 2014 is Php 7,746,107,370.00 with Lotto contributing 91.70% orPhp7,103,067,840 followed by Lotto Express (Keno) with 8.20% or Php635,539,530.00 and Sweepstakes with 0.10% or Php 7,500,000.00.Clearly, the bulk of the revenue of the Agency still comes from Lotto retail receipts.
Other revenues of the agency are derived from shares in Small Town Lottery (STL) and Bingo Milyonaryo (BingoM) which is on experimental test run for one year. From April to June 2014, other revenues came solely from Bingo Milyonaryo with a total contribution of P1,800,901.84.
Info
| Source Institution | Philippine Charity Sweepstakes Office |
| Source URL | http://www.pcso.gov.ph/wp-content/uploads/2015/02/2nd-Quarter-Accomplishment-Report.pdf |
| Page Count | 14 |
| Place of Publication | Mandaluyong City |
| Original Publication Date | July 1, 2014 |
| Tags | 2nd, Accomplishment, PCSO, Quarter, Report |