PCSO 2 Accomplishment Report July to September 2014

Abstract:

In keeping with its mandate of raising revenues to provide funds to support the numerous charitable projects and undertakings at the same time combat the illegal number s game, the agency is continuously developing new games that are appealing to the gaming public. Early this year, the Traditional Mini Sweepstakes was introduced followed by Peryahan Games. Likewise, during the 3rd quarter , the Sweepstakes Partnership Program was reintroduced through a special sweepstakes draw in partnership with the COMVAL Tindog Foundation. Of the various gaming products infused in the market, Lotto is still the overwhelming revenue contributor to the PCSO coffers in the amount of P7,468,784,150 or 91.11% for the 3 rd quarter alone while the big gest contributor among the departments is the National Capital Region (NCR) in the amount of P2,615,600,570 or 35.02%. With the bulk of the revenue coming from Lotto, vigorous efforts have to be undertaken with respect to the other gaming products so that it could equal if not come close to the revenues being contributed by Lotto. Needless to say, at this point, the life blood of PCSO is the sales from Lotto, thus there is a need to maximize marketing efforts to boost other existing gaming products so that PCSO will not be dependent on Lotto.

Info
Source InstitutionPhilippine Charity Sweepstakes Office
Source URLhttp://www.pcso.gov.ph/wp-content/uploads/2015/02/50-Accomplisment-Report-3rd-Quarter-CY-2014.pdf
Page Count13
Place of PublicationMandaluyong City
Original Publication DateOctober 1, 2014
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