he contract commenced September 2009, has an initial term of five years and includes a two-year contract extension option. It covers the national roll out of instant tickets in the Philippines after a successful market test. The Philippines is the world's 12th most populous country, with an estimated population of approximately 92 million people.
Pacific Online Systems Corporation engages in the design, development, and management of online computer systems, terminals and software for the gaming industry in the Philippines. It brokers technology from various suppliers of integrated gaming systems and leases the equipment needed to the Philippine Charity Sweepstakes Office for its on-line lottery operations in the Visayas and Mindanao regions.
The PCSO has been described as the government's charity arm, with its primary goals to finance health programs, render medical assistance and services to the disadvantaged sectors of society and perform charitable work. It is also mandated to develop community health care in regional hospitals throughout the country through TB, cancer and dialysis centers. Since the introduction of lotteries, the PCSO has been able to expand its services to victims of natural and man-made disasters.
"This is a great opportunity for us to become a partner to the lottery in the Philippines through Pacific Online," commented Mike Chambrello, President and COO of Scientific Games Corporation. "We see tremendous potential in the Philippines for instant tickets based on its promising outlook for investment and future growth and we believe Pacific Online will be a great partner to grow instant ticket sales, considering the excellent job they've done driving lotto sales through strategic roll-out of new terminals, more aggressive distribution and continuous opening of retail outlets."
"We have been very impressed with the initial market tests for instant scratch tickets thanks to Scientific Games," said Willy N. Ocier, Chairman and President of Pacific Online Systems Corporation. "Based on these results, we believe making instant scratch tickets readily and widely available nationwide will help take our lottery to the next level."