Sports Toto Today Sports Toto Berhad, formerly STM Lottery Sdn Bhd, is an investment holding company. It was founded in 1969 and is listed on the Kuala Lumpur stock exchange. Its subsidiaries manage Toto betting, provide technical support and software and develop, manufacture, and distribute electronic lottery and voting systems; and invest in property. It also runs hotels as well as fitness and health centers, and provides repair, retailing and after-sales services. Lotteries Sports Toto, a Malaysian company is active in the gambling industry. It is listed on the main market of Bursa Malaysia. Its subsidiaries are involved in the operation of Toto betting, leasing of online lottery equipment and providing software support; manufacturing and distribution of computerized lottery and voting systems Property investment and development; hotel operations motor retail and aftersales service as well as investment holding and asset management. It was founded by the Government of Malaysia in 1969 and was privatized on August 1st, 1985. The company was bought by Berjaya Sports Toto Bhd on 1 April 2022. The Company offers 4D lottery games which are played on Tuesdays, Wednesdays Saturdays, Sundays, and Tuesdays at 19:00 (Asia/Kuala Lumpur time). Only those with an original winning ticket will be able to claim their prize. It will accept tickets that have been damaged, defaced or mutilated, provided that the necessary information is available to further process and verify. Sports Toto offers a variety of lottery games, including Magnum and Da Ma Cai. In addition, the Company offers various e-games and a sports bar. The company is headquartered in Kuala Lumpur, Malaysia. Sports Toto competes with 231 active competitors and has raised more than $112 million in funding over 17 rounds of 51 investors. Get curated news about company updates, round of funding, M&A deals and more. Sign up for a free account. Online gambling Sports Toto is an online gambling website that lets players bet on sporting events, and also win prizes. The website is simple to navigate and offers a variety of betting options that include single bets as well as accumulations. Players can also place bets on specific events, such as a football match or horse race. Whatever type of bet you place it is crucial to remember that gambling must always be done responsibly. Choosing the right site is essential to ensure an enjoyable and secure betting experience. A reputable site will offer numerous payment options such as credit cards and electronic wallets. It should also include high-security features to ensure that your personal data is protected. A reliable website will offer promotions and bonuses that are appealing to new customers. The best sports toto sites are dedicated to providing a variety of betting options that span many sports. They usually provide key categories like baseball, soccer, and basketball, in addition to niche sports such as darts or snooker. They also feature clean, easy-to-navigate layouts that make it straightforward to locate crucial information such as odds comparisons and account information. In addition to offering a wide variety of betting options websites for sports betting often provide detailed analysis and data, allowing users to make more informed bets. These sites provide tips and advice to assist you in improving your betting strategy. They can also assist you in managing your money by setting limits and taking breaks regularly. These tools can help you avoid over-gambling, and ensure an enjoyable and safer experience. To maximize your chances of success, you must take a systematic approach. This involves identifying your strengths and weaknesses, and determining the amount you can afford to lose. You should also be aware of the rules that apply to gambling online. Before you place any bets, ensure you are aware of the conditions and terms. This will ensure that you have a great gambling experience. Don't bet money you cannot afford to lose. Taxes The government determines taxes in sports toto and they are based on factors like ticket sales, profits and prize money. These taxes are not only designed to protect the gaming industry, but also create a safe and secure environment for players. The government also requires that lottery operators adhere to strict safety standards, and provide adequate customer support. The company is optimistic that its number forecast business will continue to grow on its upward trend in sales per draw growth, driven by favorable consumer spending during the festive period and continuing excitement for jackpot games. It will still face issues due to the closing of stores in Kedah, Perlis and other states due to state government policy as well as from illegal operators. RHB Research, in its report on the company reduced its estimates of earnings for Magnum and Sports Toto due to the impending increase in the tax on services in Budget 2020. The company also reduced their profit forecasts for gaming as a sector with a focus on the uncertain future market and lower oil subsidies. Regulations Compliance with regulations is one of the most important factors that determine the success of a sports betting online. The operator must ensure that their betting activities are legal and conform to all regulations of the government. The operator must also provide a safe environment to their customers. This includes ensuring that bets and prize winnings are safe and secure. In case of any problems the operator must immediately report the issue to the authorities. https://to-topia.com/ 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 with Media & Entertainment Companies in the B2C market. Institutional Investors and Angels are among its investors. Get curated news about company updates, funding rounds, M&A deals and more. Join today!