Author: Precianne

Supreme Ventures Fintech brings first microloan to market

Lottery Supreme Ventures Limited, SVL, through its newly formed financial services subsidiary Supreme Ventures Fintech Limited, is now rolling out its first microcredit product, a loan aimed at its 1,300 retail agents. Starting with a $500,000 limit, the loan, branded as Evolve, is SVL’s first foray into the financial products space. It is being piloted [...]

Supreme Ventures holds cash for acquisitions

Supreme Ventures Limited indicates that cash holdings, which have almost doubled year-over-year, will be used to support the company’s acquisition goals. The group generated positive cash flows from operations of $3.67 billion to close December 31, 2020, with a balance of $6.26 billion representing an increase of 74.13 per cent over the prior year. In [...]

SVL reports market conflict as gaming business heats up

Huntley Medley - Jamaica Gleaner - February 21, 2021 Supreme Ventures Limited, SVL, expected its lottery ticket sales to dip at the entry of two new players this month. Instead, it is claiming that sales jumped since the entry of Mahoe Gaming Enterprises Limited and Goodwill Gaming Enterprises Limited. Xesus Johnston, CEO of SVL’s main [...]

Johnston: Supreme Ventures stepping up its game

Kimberley Hibbert – Jamaica Observer – February 14, 2021 CHIEF executive officer (CEO) of Supreme Ventures Limited (SVL) subsidiary Prime Sports Ltd, Xesus Johnston, says the company is placing greater focus on its product, distribution and brand to effectively compete with the new lottery player Mahoe Gaming, which last week broke the gaming monopoly that [...]

First SVL Lotto winner in 2021 snares $69m

KINGSTON, Jamaica— Supreme Venture Limited's (SVL) first Lotto winner for 2021, using the name R Nelson, says the winning numbers came to him in a series of dreams and rakes over time. Nelson struck gold on January 6 when he hit the $69 million jackpot with the lucky numbers 7, 9, 14, 17, 30 and [...]

Supreme Ventures, Edufocal partner to provide access to online learning

MINISTER of state in the Ministry of Education, Youth and Information, Robert Morgan, has hailed the partnership between Supreme Ventures Foundation and EduFocal which will provide 5,000 students with free access to the EduFocal platform to continue their online learning. Under the agreement, students will benefit from zero-rated access to EduFocal's online educational resources over [...]

Jamaican ‘Black Panther’ claims $301.5 million Super Lotto prize

A Jamaican man claimed his J$301.5 million Super Lotto prize wearing a Black Panther costume on Friday. Gaming company Supreme Ventures welcomed the latest member to its 'super millionaire' club with the recent handover of the jackpot to the man it only identified as G Samuels. Samuels purchased his lucky J$300 Quick Pick ticket from the Lotto Super [...]

First Lotto jackpot for 2021 won in St Mary

Supreme Ventures Limited (SVL) is reporting that a player has won the Lotto jackpot, the first for this year. The $69-million jackpot was hit during the draw on Wednesday, January 6. The lucky numbers, 07, 09, 14, 17, 30 and 33, along with the bonus ball 10, were purchased at Gayle Liquor Store in St Mary, according to [...]

Supreme Ventures launches major micro-business sales force

Supreme Ventures has launched its latest sales channel, Supa Sellaz, which will provide expanded reach for the company’s over 1200 retail terminals across Jamaica. While the novel coronavirus pandemic has had a negative impact on the small and micro-business engines that power the Jamaican economy, Supreme has developed advanced technology that enables a new gaming sales […]