Incorporated in 1969 as Unilite Electric Industries Berhad, Berjaya Sports Toto Berhad (BToto) obtained its current name after acquiring Sports Toto Malaysia Sdn Bhd (Sports Toto) for RM600 million in 1992.

BToto has four main operating subsidiary companies namely Sports Toto, Berjaya Philippines Inc., International Lottery & Totalizator Systems Inc., and H.R. Owen Plc. The core businesses of the group are the operation of Toto betting; motor retailing, repair and maintenance and provision of aftersales services; leasing of online lottery equipment and provision of software support; and development, manufacturing and distribution of computerized wagering and voting systems.

Here are eight things I learned from the 2019 Berjaya Sports Toto AGM:

1. BToto changed its financial year end from 30 April to 30 June, resulting in a 14-month financial period for 2019. Revenue in financial year 2019 (FY2019) was RM6.7 billion compared to RM5.7 billion in FY2018. Sports Toto