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                    [ArticleID] => 304053
                    [Title] => Arbitration body upholds lease deal between PCSO, Prime Gaming
                    [Summary] => 



Prime Gaming Philippines Inc. said the arbitral tribunal of the Integrated Bar of the Philippines has upheld the amendments to its contract to lease lottery equipment to the Philippine Charity Sweepstakes Office (PCSO).


The contract amendments, approved by PCSO’s old board in 2004, allowed Prime Gaming to raise equipment rental rates and extend lease terms. The changes were meant to allow Prime Gaming to recoup investments itwill make to upgrade and replace PCSO’s online lottery equipment for the main island of Luzon. 


                    [DatePublished] => 2005-10-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [ArticleID] => 230425
                    [Title] => Lotto terminal operator buying back shares
                    [Summary] => Lotto operator Prime Gaming Philippines Inc. (PGPI) has bought back P9.54-million worth of its listed shares at the Philippine Stock Exchange.


In a disclosure submitted to the exchange, PGPI said it purchased an additional 476,912 common shares at P20 apiece.  The company intended to buy back 5.5 million shares from the open market, using its unrestricted retained earnings.


Last Dec. 1,  PGPI bought 638,400 common shares at P20 per share or a total value of P12.77 million.


                    [DatePublished] => 2003-12-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [2] => Array
                (
                    [ArticleID] => 141576
                    [Title] => Lottery supplier to provide more terminals
                    [Summary] => Prime Gaming Philippines Inc. (PGPI), the exclusive supplier of equipment for the online lottery of the Philippine Charity Sweepstakes Office (PCSO), will provide an additional P27.04 million worth of terminal as part of its commitment to the state gaming firm.


The company told the Philippine Stock Exchange (PSE) that its wholly-owned subsidiary Philippine Gaming Management Corp. (PGMC) will purchase 100 Datamark Flipper (DMF) lottery terminals at $5,200 per unit or P27.04 million based on an exchange rate of P52 to $1.


                    [DatePublished] => 2001-11-27 00:00:00
                    [ColumnID] => 133272
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PRIME GAMING PHILIPPINES INC

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                    [ArticleID] => 304053
                    [Title] => Arbitration body upholds lease deal between PCSO, Prime Gaming
                    [Summary] => 



Prime Gaming Philippines Inc. said the arbitral tribunal of the Integrated Bar of the Philippines has upheld the amendments to its contract to lease lottery equipment to the Philippine Charity Sweepstakes Office (PCSO).


The contract amendments, approved by PCSO’s old board in 2004, allowed Prime Gaming to raise equipment rental rates and extend lease terms. The changes were meant to allow Prime Gaming to recoup investments itwill make to upgrade and replace PCSO’s online lottery equipment for the main island of Luzon. 


                    [DatePublished] => 2005-10-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 230425
                    [Title] => Lotto terminal operator buying back shares
                    [Summary] => Lotto operator Prime Gaming Philippines Inc. (PGPI) has bought back P9.54-million worth of its listed shares at the Philippine Stock Exchange.


In a disclosure submitted to the exchange, PGPI said it purchased an additional 476,912 common shares at P20 apiece.  The company intended to buy back 5.5 million shares from the open market, using its unrestricted retained earnings.


Last Dec. 1,  PGPI bought 638,400 common shares at P20 per share or a total value of P12.77 million.


                    [DatePublished] => 2003-12-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 141576
                    [Title] => Lottery supplier to provide more terminals
                    [Summary] => Prime Gaming Philippines Inc. (PGPI), the exclusive supplier of equipment for the online lottery of the Philippine Charity Sweepstakes Office (PCSO), will provide an additional P27.04 million worth of terminal as part of its commitment to the state gaming firm.


The company told the Philippine Stock Exchange (PSE) that its wholly-owned subsidiary Philippine Gaming Management Corp. (PGMC) will purchase 100 Datamark Flipper (DMF) lottery terminals at $5,200 per unit or P27.04 million based on an exchange rate of P52 to $1.


                    [DatePublished] => 2001-11-27 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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)

abtest

Arbitration body upholds lease deal between PCSO, Prime Gaming

By Zinnia B. Dela Peña | October 28, 2005 - 12:00am

Prime Gaming Philippines Inc. said the arbitral tribunal of the Integrated Bar of the Philippines has upheld the amendments to its contract to lease lottery equipment to the Philippine Charity Sweepstakes...

Business

Lotto terminal operator buying back shares

By Zinnia B. Dela Peña | December 5, 2003 - 12:00am

Lotto operator Prime Gaming Philippines Inc. (PGPI) has bought back P9.54-million worth of its listed shares at the Philippine Stock Exchange. In a disclosure submitted to the exchange, PGPI said it purchased an...

Business

Lottery supplier to provide more terminals

November 27, 2001 - 12:00am

Prime Gaming Philippines Inc. (PGPI), the exclusive supplier of equipment for the online lottery of the Philippine Charity Sweepstakes Office (PCSO), will provide an additional P27.04 million worth of terminal as...

Business