If PN win , more under table taxes will go to PN+PAS ( that is the reason why they happy to band legal TOTO and MAGNUM as will be embarrassment for them to use legal tax $ from gambling activities. So allow TOTO and Magnum to have mobile or online betting is a must going forwards.
After analyzing state election, PH+BN is not 1+1 =2, is actually 1+1=0.8-1.2, the remaining votes to PN! Expecting gov will turn more conservative (islamic)in the future. Therefore, many are taking profit…haha…
Gaming Despite lower number of draws in the current quarter (2023 : 40 draws; 2022 : 42 draws), Gaming revenue of RM537.1 million was higher than previous year's corresponding quarter by RM55.1 million or 11.4%.
The increase was due to improved net sales per draw, especially the 4D Jackpot game, where there was a strong jackpot run during the current quarter.
The Gaming division recorded a pre-tax profit at RM60.5 million which was RM20.7 million higher when compared to RM39.8 million recorded in previous year's corresponding quarter.
The higher gaming pre-tax profit was mainly due to higher gaming sales and coupled with lower prizes payout and operating expenses recorded in the current quarter
Based on the continued growth trend of all products in the past six months, notably 4D Jackpot game and Magnum Life game, the Board is cautiously optimistic that the performance of the gaming business for the second half year remains promising and encouraging.
Magnum n SPToto should be benefited from upcoming budget as will allow on-line betting to recover tax losses due to illegal gambling activities indirectly promoted by PN policies !!!
Ahya why you so kan chiong. Later mid of next month it will start go up. Now is collection period..with constant dividend and online gambling it will easily pass rm2..
Online betting legalized in Malaysia? They won't allow it. In addition, we already have illegal online betting which can buy 4D number in Singapore and Indonesia too
DPS and EPD improving slowly post covid years. Challenge for NFO remains with illegal NFO in the market. Wonder how the company will handle this and gain their market share again. Nevertheless, current price remains attractive if future growth improves.
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Posted by Donator > 2023-08-04 12:49 | Report Abuse
dont worry...PAS cant win Penang, Selangor and N.Sembilan....all will back to normal