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Sports Toto Today Sports Toto Berhad (formerly STM Lottery Sdn Bhd) is an investment holding company. It was established in 1969 and is traded on the Kuala Lumpur Stock Exchange. Its subsidiaries manage Toto betting; offer technical and software support services; develop, manufacture, and distribute computerized lottery systems and voting systems and invest in real estate. It also operates fitness and health centres and hotels and offers motor retailing, after-sales services and repair services. Lotteries Sports Toto, a Malaysian company is active in the gambling industry. It is listed in the main market of Bursa. Its subsidiaries are involved in the operation of Toto betting, leasing of online lottery equipment and providing software support; the manufacture and distribution of computerized lottery and voting systems; property development and investment; hotel operations motor retail and aftersales services as well as investment holding and asset management. It was established by the Government of Malaysia on 1 August 1965. to-topia was privatized in 1985. The Company was acquired by Berjaya Sports Toto Bhd on 1 April 2022. The Company offers lotteries in 4D that are played every Tuesday on Wednesday, Saturday and Sunday at 19:00 hours (Asia/Kuala Lumpur). Prizes are only awarded to those who possess a valid winning ticket. It will take care of tickets that are torn or damaged so long as the vital information can be read to verify further processing. In addition to the 4D games, Sports Toto also offers other lottery games like Magnum and Da Ma Cai. The company also offers games that are e-based, a sports bar and a variety of electronic games. The Company's headquarters are in Kuala Lumpur. Sports Toto competes against 231 active competitors and has raised more than $112 million through 17 funding rounds with 51 investors. Get regular updates on company news, funding rounds, M&A transactions and more. Sign up for free. Online gambling Sports Toto is a well-known online gambling site where gamblers can bet on sporting events and win prizes. The site is easy to navigate and offers various betting options such as single bets, accumulators and more. You can also place bets on specific events like a football match or horse race. Whatever bets you place, remember to play responsibly. Selecting the right website is essential for a secure and safe betting experience. A reputable website will offer multiple payment options, including credit cards and electronic wallets. It will also be outfitted with security features that are high-level to safeguard your personal information. In addition, a good site will also offer attractive bonuses and promotions to attract new customers. The top sports toto websites are persistently devoted to providing a broad array of betting options that span many sports. They offer a broad range of sports that include baseball, soccer, basketball, darts, and snooker. They also have clean, easy-to-navigate layouts that allow you to locate crucial information like odds comparisons and account information. In addition to a diverse selection of betting options, sports toto sites often offer detailed analysis and data which allows users to make more informed bets. These sites can help you improve your betting strategies by offering suggestions and tips from experts. They can also help you manage your money by setting limits and taking breaks regularly. These tools can help you to avoid overgambling and make your experience safer and more enjoyable. In order to increase your odds of winning, you should use a systematic approach. This involves identifying your strengths and weaknesses, as well as determining how much you are willing to risk. Also, be aware of the different rules applicable to online gambling. Make sure you are aware of the terms and conditions prior to placing any bets. This will allow you to enjoy a pleasant gambling experience. Additionally, you should never gamble with money that you cannot afford to lose. Taxes The government sets taxes for sports toto and they are based on a variety of factors, including ticket sales, profits, and prize money. These taxes are not only meant to protect the gambling industry, but also to ensure a safe environment for players. The government has made it mandatory for lottery operators to follow strict safety standards and to provide good customer service. The company is confident that its number-prediction business will continue to increase sales per draw, due to the positive consumer spending during the holiday season and the ongoing excitement for jackpot games. However it will be challenged by the closure of outlets in Kedah and Perlis due to the state government policies, as well being a threat from illegal operators. In its report on the company, RHB Research lowered its earnings estimates for Magnum and Sports Toto because of the impending increase in tax on services in the Budget 2024. The firm also lowered their estimates of gaming's profits as a business due to the uncertainty of the future market and lower oil subsidies. Regulations Regulatory compliance is a major element in determining the success of an online sports toto. The operator must ensure their betting activities are legal, and that they comply with all regulations of the government. The company should also offer an environment that is safe for their customers. This includes ensuring that bets and prize winnings are safe and secure. The operator must immediately notify the authorities in case of any issue. The stock is traded on the Kuala Lumpur Stock Exchange with the symbol SPOR. The market cap of the company is 2.13B. Berjaya Sports Toto has a profit per share of 0.165. Sports Toto competes in the B2C space with Media & Entertainment companies. Angels and Institutional Investors are among its investors. Get news and updates about company updates and funding rounds, M&A deals and more. Join now!