Updated: 24-04-2024 - 12:00PM 5 9 CLOSED
Jun 09, 2010
Two new lottery games are being earmarked to hit the streets by September in a bid, gaming company, Supreme Ventures Limited (SVL) said, to hold market interest even as the firm stares at a big earnings hole left by its underperforming Super Lotto. On the market since the middle of last year, the Caribbean-wide game has fallen far short of the US$100 million or J$8.8 billion dollars in annual revenue it was being relied on to bring into SVL's coffers as in the five months to December last year, following its August launch, Super Lotto brought in sales receipts of only J$277 million (approximately J$2.4 billion), the company said. Now a Pick 2 and a Pick 4 game are being structured for the wagering market amid the roughly J$3 billion yearly revenue shortfall the company faces.