Joint Venture Business
Great importance is given by the Company on investment participation with other operators who have the expertise and are well-accepted internationally for their ownership or technologies of the products in which the Company will be making its joint investment as well as capable of generating income for the Company on a continuous basis, with high growth potential or the potential to boost the prowess of its other Business Groups to their fullest capacity to meet competition.
By pursuing work in line with in its investment policy in businesses capable of generating revenue for the Company on a continuous basis, constant yields are achieved by the various businesses in the Joint Venture Business Group for the Company. There is a structure of low income fluctuations in the Joint Venture Business Group, with continuous growth which play an important part on the Company’s profitability on a regular basis despite the fact that increased competition is clearly rampant today in a variety of businesses both in the areas of pricing and product quality.
Online Lottery Dept.
The Department is a subcontractor of Loxley GTECH Technology Co. Ltd. who is the Online Lottery System Services provider for the Government Lottery Office (GLO) under the Lottery System Service Contract (signed on 29 July 2005). The subcontract services performed by the Department include site preparation, lottery systems installation, telecommunication networks implantation, installation of 12,000 lottery terminals, Lottery system operation, training and support retailers. The duration of the contract along with monthly service payment is 5 years starting from the 1st day of Commercial Launch.