Pick 4 winnings hit J$1.4 billion in payouts

Published: Sunday | December 23, 2012 Comments 0

Almost a year on the market, Supreme Ventures Limited (SVL) says its newest game, Pick 4, has paid out winnings of J$1.4 billion to the end of November in a sign of its growing popularity.

Pick 4, which debuted in January, allows for winnings of up to J$54,000 from a J$10 wager. The game offers a variety of ways in which players can match and win from a selection of 10 numbers.

SVL now has 10 lottery products, including Lotto, Super Lotto, Pick 2 and the most lucrative of them all, Pick 3.

The lottery games have brought in a combined J$20 billion of revenues for SVL for the first nine months of this year. Total revenue amounted to J$22.7 billion.

During the same period SVL paid out J$13.7 billion for a combined lottery and sports betting prizes, representing an 12.29 per cent increase over the J$12.2 billion that was paid out in the corresponding period last year.

Pick 3 last year accounted for 77 per cent of all lottery revenue. Pick 4's contribution was not disclosed in the September third-quarter financials but SVL typically breaks out the data in its yearly annual reports.

Sales of Pick 2, which was introduced two years ago, amounted to J$720.3 million at financial year-end December 2011. Pick 3 brought in J$2.86 billion.

Sales fell for Lucky 5, Dollaz and Lotto last year.

SVL is principally owned by Greek gaming firm Intralot, which holds a 49.9 per cent stake. The stock currently trades on the stock market at J$2.40 per share.


Share |

The comments on this page do not necessarily reflect the views of The Gleaner.
The Gleaner reserves the right not to publish comments that may be deemed libelous, derogatory or indecent. Please keep comments short and precise. A maximum of 8 sentences should be the target. Longer responses/comments should be sent to "Letters of the Editor" using the feedback form provided.
blog comments powered by Disqus

Top Jobs

View all Jobs