Philippine Charity Sweepstakes Office (PCSO) General Manager Alexander Balutan on Monday said they are now accepting applications for prospective bidders of Small Town Lottery (STL) for the provinces of Iloilo (excluding Iloilo City) and Cavite.
Applications for both provinces will be open until June 15, 2018, 5:00 p.m. Interested applicants must submit complete documents to the STL Advisory Committee located at the 4th Floor, Sun Plaza Building, 605 Shaw Boulevard, Mandaluyong City.
Balutan said that STL revenues have already contributed almost P8 billion in the P20.8 billion sales of PCSO from January to April this year that includes Lotto products, Keno and Sweepstakes, an increase of 29.30 percent from the same period last year.
It can be noted, however, that compared with last month’s earnings where STL earned P2 billion, it only earned P1.9 billion this April.
Balutan explained that the slight decrease was attributed to the termination of some Authorized Agent Corporations (AAC) for violating the Implementing Rules and Regulations (IRR).
“From 84, there are now 81 STL operators. We have to terminate erring AACs because of repeated violations of the STL-IRR, especially under-remittance of the Presumptive Monthly Retail Receipt (PMRR)”, Balutan said.
Early this year, the PCSO had a consultative meeting with the AACs from all over the country to discuss some revisions of the IRR. It also aims to address issues and problems concerning the shortfalls of STL operators in their PMRR.
“We are going to fast-track the process of bidding to prevent illegal numbers game operators from putting up jueteng like what’s happening in other provinces. When there’s no legal operator, illegal operators come in. And they are out there to discredit PCSO’s STL program,” Balutan said.
For more information, email email@example.com or visit www.pcso.gov.ph