Analysts: Fewer special draws impact on Sports Toto small


Analysts remain positive on the growth prospects of Sports Toto despite the reduction in the number of special draws to eight in 2023 from the present allocation of 22.

PETALING JAYA: The government’s decision to cut the number of special draws for numbers forecast operators (NFO) is expected to have minimal impact on Sports Toto Bhd’s earnings.

Analysts remain positive on the growth prospects of Sports Toto despite the reduction in the number of special draws to eight in 2023 from the present allocation of 22, as announced by Prime Minister Datuk Seri Anwar Ibrahim, following a Cabinet meeting on Monday.

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SportsToto , NFOs , earnings , specialdraw , prospects

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