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LUK Pacific Lottery Corp Com

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Share Name Share Symbol Market Type
Pacific Lottery Corp Com TSXV:LUK TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Pacific Lottery Corporation: 2nd Quarter Results Show Continuing Strong Revenue Growth

31/08/2009 9:13pm

Marketwired Canada


Pacific Lottery Corporation (TSX VENTURE:LUK) (FRANKFURT:PCF) ("Corporation")
announces the release of its June 30st, 2009 Consolidated Financial Statements
and Management Discussion and Analysis report (MD&A). Again this quarter, the
key highlight of these statements is the continued quarter over quarter growth
in revenues from the Corporation's exclusive Vietnamese on-line lottery
technology supply and services contract. Gross lottery turnover for the 2nd
Quarter 2009 totalled US$600,421, a 30% increase over the previous 1st Quarter
2009 results. The Corporation expects this trend to continue as gross lottery
turnover, with its associated net revenues, undergoes further significant
elevation in the coming months. This continuing growth pattern is due to ongoing
advancements in the previously announced activities such as the Government
approved prime time, live, nationally televised lottery draw show, the recent
addition of the popular new Pair game coupled with significant expansion of the
lottery ticket distribution network.


About Pacific Lottery Corporation:

Pacific Lottery Corporation is engaged in the provision of comprehensive
computerize on-line and mobile phone lottery technology and related professional
services for delivery to a growing audience of international customers. Today,
the Corporation exclusively leads the technical support activities for the only
authorised State run on-line lottery program in Vietnam.


SEC 12g exemption 82-4832

This release contains forward-looking statements within the meaning of the
Private Securities Litigation Act of 1995. Investors are cautioned that such
forward-looking statements involve risk and uncertainties, which could cause
actual results, performance or achievements of the Company, or industry results
to differ materially from those reflected in the forward-looking statements.
Forward-looking statements are based on the current expectations, projections
and opinions of the Company's management, and the Company undertakes no
obligation to publicly release the results of any revisions to such
forward-looking statements which may be made, for example to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events.


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