SVL Storing Up Cash With New Deals In Mind

After nearly years spent buying up betting rivals, Supreme Ventures Limited, SVL, has turned to the debt market for capital to pay the bill. The $3 billion it just raised via a bond placement will be booked in the fourth quarter ending December, adding to the $3.4 billion of cash the company had on hand […]

Supreme Ventures has December target for retailer network in Guyana

Supreme Ventures Limited is hoping to re-start buildout of a new retailer network in Guyana, this after operations in the South American country started again in mid-August of this year. Supreme Ventures Guyana was launched in Georgetown in February 2019, operating as iBet Supreme. Attempts to pursue retailer recruitment and increase the network for distribution of its gaming […]

Supreme Ventures upgrades app with new games

The newly revamped SV Games App now has a new look, new games and new features. In making the announcement, Supreme Ventures stated that persons can now play their favourite games online, anytime and anywhere, a convenience that has never before seen in Jamaica. It said, everyone’s favourite game, Cash Pot, the ever popular MoneyTime […]

SVL rebounds in Q3 from COVID-19 setbacks

Durrant Pate– Jamaica Observer – November 1, 2020 REGIONAL gaming company Supreme Ventures Limited (SVL) is reporting profit of $1.6 billion for the nine-month period ended September 2020, a turnaround of its fortunes after having suffered severe financial haemorrhaging in its second quarter. The latest company financials show strong recovery from COVID-19’s impact, with 26 […]

Supreme Ventures relaunches mobile gaming app

Gaming giant Supreme Ventures Group (SVG) on Tuesday relaunched its mobile app in a move the company said was a continuing push to dominate the industry through innovations. The relaunch was done after a live session with popular gaming features such as Cash Pot, Money Time, and Lotto. According to SVG, the new technology is […]

Fourth lotto winner for 2020 bags $73 million

KINGSTON, Jamaica — With Lotto winnings amounting to over $200 million since the year began, Supreme Ventures is welcoming its fourth Lotto jackpot winner for 2020, who has won $73 million. The jackpot was hit on Saturday, October 17 for draw #1724 with winning numbers 04, 13, 14, 19, 27 and 30. The company said […]

Supreme Ventures makes history with South Africa partnership

In what can be described as a historical and groundbreaking move, the Supreme Ventures Group (SVG) has announced the completion of a deal with Aardvark Software Limited in South Africa to broadcast the Cash Pot game in that country effective October 1.   In a release, the company noted that this historical contractual agreement is [...]

SVF Names Four Supreme Heroes – Programme To Bolster Business And Outreach Of Organisations

The Supreme Ventures Foundation (SVF) has named four small businesses making a big difference in their communities as part of its flagship Supreme Heroes programme. Supreme Heroes recognises organisations that are pillars of their communities, unsung heroes who are using their limited resources to lend a hand to those in need. “Supreme Heroes is, chiefly, […]

Supreme Ventures looks to go all-digital by year-end

Supreme Ventures Limited (SVL) is looking to digitise its 11 business lines by year-end, a move the company said would improve earnings. Chairman Gary Peart reckons that anonymous gaming, which can be facilitated through digital channels, will attract more customers. “This will allow us the opportunity to expand our current and historical customer base. With […]

Another record year for SVL with $2.5b net profit

Supreme Ventures Limited (SVL) continued its growth trajectory in 2019, with net profits of $2.5 billion. The performance represents an 18 per cent increase over 2018, which SVL’s chairman, Gary Peart, says was also a record-breaking year. Speaking at the company’s annual general meeting on Thursday, Peart said the growth seen in 2019 was in keeping […]