After a recent blunder, Sports Toto has apologized for the error, but netizens are still baffled as to how it happened. Some believe the draw was manipulated, and others say “Ai Li” is being used as a scapegoat. Is there still hope for Sports Toto?
Can people continue to trust Sports Toto?
Sports Toto has gained a lot of popularity in recent years and is one of the most popular betting sites online. However, there are some drawbacks to playing in these sites. These sites are often unregulated, which makes them risky and can lead to losses. It is also possible that these sites are scams. Luckily, there is a way to spot a scam site.
The Malaysian authorities have been raiding NFOs and illegal gambling outlets since July 2018. In July 2018, the Royal Malaysian Police opened special operations rooms in each state to receive complaints about illegal gaming activities. Wong Ai Li later posted a public apology on the Sports Toto Facebook page.
There is still controversy on whether or not Sports Toto’s apology for the mistake is sincere. While the typist posted a public apology on Facebook, many netizens are skeptical. They believe that the Toto firm rigged the draw. But what exactly happened? Let’s take a closer look at the typist’s apology. It’s not a perfect explanation, but it’s at least an attempt.
In April, a typist accidentally input the wrong number for the Toto 4D draw. The company quickly realized its mistake and corrected it, but not before apologizing for the mistake on Facebook. A typist’s apology for the mistake in Malaysia’s lottery results is an excellent example of how a company can make mistakes.
Is there a future for Sports Toto?
Founded in Malaysia in 2012, Sports Toto has a diverse portfolio of games, from traditional lotto games to digital games. Its revenue in FY2019 totaled RM6.7 billion. In addition, the company recently launched a new 4D game called Toto 4D Zodiac, which combines 4D results with the Chinese zodiac. However, it’s unclear if this will sustain its dividend.
Sports Toto Bhd, formerly known as Berjaya Sports Toto, is a privately held company in Malaysia. The company operates several gaming websites and offers sports betting. Its revenue has decreased since FY2015, but has stabilized recently. The company has a large presence in Malaysia as well as in other countries, including the Philippines. The company also provides motor retailing services and operates a hotel in the Philippines.
Sports Toto Berhad (KLSE:SPTOTO) is approaching its ex-dividend date. The ex-dividend date is one business day prior to the record date, which determines which shareholders are eligible for the dividend. Since stock transactions take two business days to settle, if you purchase shares on the ex-dividend date, you will be forfeiting your right to receive the dividend on the next day, which is 21st October.