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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Leucadia National Corp. | NYSE:LUK | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 23.47 | 0 | 01:00:00 |
Pacific Lottery Corporation (TSX VENTURE:LUK) (the "Corporation") is pleased to announce the successful commercial launch in Vietnam of a new Government owned and operated lottery program exclusively using the Corporation's next generation on-line lottery technology. Today's launch activities included the sale of several newly designed on-line lottery games in association with marketing programs including nationally televised TV commercials. Lottery sale transactions occurred flawlessly throughout the newly installed State authorised retailer network using the Corporation's proprietary National On-line Lottery Central System ("the Lottery System") incorporating innovative PLC Gold lottery terminals ("the Terminals"), central system software and game technology. This launch establishes the only government sanctioned on-line lottery retailer network in Vietnam. In this initial phase, this new on-line lottery retail network is being used by two hundred (200) State authorised lottery retailers. This announcement is in furtherance of the Corporation's previously announced exclusive ten (10) year on-line lottery technology supply and services contract. As part of this new lottery program, several exciting on-line lottery games have been introduced including, for the first time ever, an on-line version of Vietnam's traditional and popular 5 digit daily lotto game. As well, the new lottery program is offering an exciting specially customised daily lotto game, the Thanh Thai 4. These customised lottery games are being offered to the local Vietnamese population in conjunction with other global industry standard daily Lotto and bi-weekly Lotto 6/36 games. The Corporation is gratified by the Government of Vietnam's confidence in its technology as demonstrated by the Government's exclusive support of these newly customised on-line games that includes various betting options, which mirror for the first time in Vietnam, long played, well known and deeply ingrained traditional pre-printed and manual Lotto activities. All these new exciting gaming formats were designed by the Corporation in close partnership with Vietnamese Lottery officials specifically for use in the Vietnamese market and are expected to be widely accepted by lottery players in Vietnam. Vietnam is a country with a population approaching 90 million people and a total potential lottery and sports betting market that some industry estimates have suggested could grow to at least $ 4.5 billion US annually. The Corporation will continue expanding this newly established on-line lottery retailer network, operating Vietnam's only authorised on-line lottery program, on the pre-agreed and mutually established schedule until such time that market saturation has been attained. In other developments, the Corporation is pleased to announce the recent launch of a new more informative and interactive corporate website available at www.pacificlottery.ca. Finally, the Corporation cordially invites conference participants at the upcoming 2008 World Lottery Association Convention and Trade show in Greece to visit us at booth # 13 to learn more about Pacific Lottery Corporation's next generation on-line lottery technology and comprehensive lottery services. About Pacific Lottery Corporation: Pacific Lottery Corporation is engaged in the provision of comprehensive computerized on-line 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 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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