Pacific Online Systems Corporation (LOTO) was incorporated on November 11, 1993. LOTO is engaged in the development, design and management of online computer systems, terminals and software for the Philippine gaming industry. It brokers technology from global suppliers of integrated gaming systems and leases to PCSO the equipment needed for its online lottery operations in the VisMin regions. LOTO also provides PCSO the necessary technical support. In addition to its core gaming operations, LOTO also has an investment in Innovative Solutions Consultancy Group (Synergy), a joint stock company incorporated to manage enterprises engaged in the gaming business. Synergy's subsidiary is Total Gaming Technologies, Inc., a domestic firm founded to develop new games for the Philippine gaming industry and to provide consultancy service and equipment to the local gaming operators. On August 29, 2007, LOTO, through its subsidiary Loto Pacific Leisure Corporation, acquired Lucky Circle Corporation, a company engaging in retail sales for PCSO products, principally operating at SM malls nationwide. As of December 31, 2008, LOTO had already deployed 1,600 on-line terminals around the VisMin territory. LOTO's total terminal deployment also covered 67 cities and 461 municipalities. Source: SEC Form 17-A (2008)