KUALA LUMPUR: Berjaya Sports Toto Bhd, Berjaya Assets Bhd’s subsidiary Natural Avenue Sdn Bhd and Multi-Purpose Holdings Bhd’s  (MPHB) subsidiary Magnum Corporation Sdn Bhd have received the Ministry of Finance’s (MoF) approval to reduce the prizes.

They said in separate statements on Monday, Dec 6 the prizes for their games would be reduced from RM200 per RM1 bet to RM180 per RM1 bet. The revised prize structure, which would take effect from Dec 15, would have a positive impact on their earnings, they said.

BToto said its unit Sports Toto Malaysia Sdn Bhd had on Dec 3 obtained the MoF’s approval  to revise the special prizes for its 4 Digit Big Game from RM200 per RM1 bet to RM180 per RM1 bet.

The Special Prizes for the 4Digit Big permutation variant “4D i-Perm Big”, will be revised proportionately.

“The revised prize structure will take effect from Dec 15, 2010 and will have a positive impact on the earnings of BToto for the current financial year ending April 30, 2011 and the future years,” it said.

Meanwhile, Berjaya Assets said its 65%-owned  Natural Avenue Sdn Bhd  -- sole and exclusive agent appointed by Sarawak Turf and Equestrian Club (STEC) to operate the numbers forecast lotteries on behalf of STEC -- had on Dec 3 obtained approval to revise the STARTER Prizes for its 1+3 Digit Big Game from RM200 per RM1 bet to RM180 per RM1 bet.

The STARTER Prizes for the 1+3 Digit Big permutation variant "1+3D i-Cash Big", will be revised proportionately.

This revised prize structure will take effect from 15 December 2010 and will have a positive impact on the earnings of BAssets for the current financial year ending 30 June 2011 and the future years.

MPHB said Magnum has received the MoF approval to reduce the special prizes for its 4 Digit Big Game from RM200 per RM1 bet to RM180 per RM1 bet with effect from Dec 15.

It added the Special Prizes for the 4Digit Big permutation variant "Magnum mBox Big", would be revised accordingly from Dec 15.

“The revised prize structure is expected to have a positive impact on the earnings of Magnum and hence, MPHB for the financial year ending Dec 31, 2010,” it said.