lottery balls

Rivals-turned-partners Pacific Online and PGMC win P5.8-B lotto deal

The joint venture of Pacific Online Systems Corp. and Philippine Gaming Management Corp. (PGMC) bagged a much-coveted nationwide lottery equipment lease deal with the Philippine Charity Sweepstakes Office (PCSO) valued at P5.8 billion. Pacific Online disclosed to the Philippine Stock Exchange on Monday that its joint venture with PGMC has formally received the notice of…

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Robinsons Land profit surges by 394% on various businesses’ comeback

Gokongwei-led Robinsons Land Corp. (RLC) saw a 394-percent year-on-year increase in second quarter net profit to P2.56 billion as earnings from property development, rental portfolio and hotel operations bounced off a low base seen last year at the height of pandemic lockdowns. Amid the reimposition of tight restrictions through early April this year, RLC’s second…