PETALING JAYA: Sports Toto Bhd, formerly known as Berjaya Sports Toto Bhd
, is poised to drive ticket sales with regards to efforts on stricter clampdowns on illegal gambling and a broad economic recovery.
With that, RHB Research is upbeat on the outlook of the company, given its attractive yields, sales recovery and the upside expected from subsidiary H R Owen Plc.
Rewind to 2019 and ticket sales improved for the first time in many years, mainly driven by stricter enforcement against illegal gambling, said the research house.
...