Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 Toto License Cost, How much does toto license cost??

views
     
plouffle0789
post Feb 7 2024, 02:49 AM

Regular
******
Senior Member
1,031 posts

Joined: May 2010
QUOTE(GoldChan @ Jan 26 2016, 02:48 PM)
100K per week = 14-15K bet per day,
15K / $20 per bet (average) = 750 customer per day. (average).
Thus peak day can have 2000 customers per day.
average time to sell a ticket (30 seconds/per operator).
1 day can have 2 operators 10 hours = 10 hours x 60 mins x 2 tickets /min = 1200 tickets sales.

100K per week :- 52 weeks + festival = 5.5 million per year (sales).
commission := RM5,500,000 x 5% = RM275K
shop rental + staff + salary + etc= RM20K per month. = 240

license fee ?? 1.6 million.

not profitable.
*
Metric Value
Weekly Sales RM 100,000
Average Bet Per Day RM 14,000 - RM 15,000
Average Customers Per Day RM 750 (approx.)
Peak Day Customers RM 2,000 (approx.)
Time to Sell Ticket 30 seconds
Operators Per Day 2
Daily Ticket Sales 1,200
Annual Sales RM 5.5 million
Commission Rate 5%
Commission Earned RM 275,000
Monthly Expenses RM 20,000
Annual Expenses RM 240,000
License Fee selling this business RM 1.6 Millions


So 1 month get only commission RM 22,916.

RM 275,000 / 12

Only 5 percent?

Is that all the outlet franchisee can get from total sales? So low?




If people buy 4D/5D/6D or jackpot numbers from the 4D Outlet and win a prize, the shop owner cannot receive a commission ?



If it's illegal 4d company, they still receive a commission.........

This post has been edited by plouffle0789: Feb 7 2024, 02:55 AM
plouffle0789
post Feb 7 2024, 02:57 AM

Regular
******
Senior Member
1,031 posts

Joined: May 2010
QUOTE(nexona88 @ Apr 18 2015, 12:57 PM)
GST no effect on sales?  I mean people buy smaller amount  hmm.gif

cost of living higher yo  nowadays  cry.gif
*
March 1 ,2024 start 8 percent SST.


Gg to all 4d outlet boss.

And Tan Sri Vincent Tan.

Less profit.
dwRK
post Feb 7 2024, 07:42 AM

the consummate chartist
*******
Senior Member
5,114 posts

Joined: Jun 2006


QUOTE(plouffle0789 @ Feb 7 2024, 02:57 AM)
March 1 ,2024 start 8 percent SST.
Gg to all 4d outlet boss.

And Tan Sri Vincent Tan.

Less profit.
*
when times are hard... ppl gamble more

sst is passthrough
nexona88
post Feb 7 2024, 08:34 AM

The Royal Club Member
*********
All Stars
41,806 posts

Joined: Sep 2014
From: REality

QUOTE(plouffle0789 @ Feb 7 2024, 02:57 AM)
March 1 ,2024 start 8 percent SST.
Gg to all 4d outlet boss.

And Tan Sri Vincent Tan.

Less profit.
*
Don't think would GG ..

Malaysian loved gambling like no tomorrow...

Even in Kedah closed down, people go to Penang buy or online
plouffle0789
post Feb 7 2024, 09:58 AM

Regular
******
Senior Member
1,031 posts

Joined: May 2010
QUOTE(nexona88 @ Feb 7 2024, 08:34 AM)
Don't think would GG ..

Malaysian loved gambling like no tomorrow...

Even in Kedah closed down, people go to Penang buy or online
*
I mean Legal 4d company less profit.....

Kesian


Sports Toto(1562)
Magnum bhd ( 3859)
nexona88
post Feb 7 2024, 10:26 AM

The Royal Club Member
*********
All Stars
41,806 posts

Joined: Sep 2014
From: REality

QUOTE(plouffle0789 @ Feb 7 2024, 09:58 AM)
I mean Legal 4d company less profit.....

Kesian
Sports Toto(1562)
Magnum bhd ( 3859)
*
Before this not less profit too??

Been like this for years....
Colinlim75
post Feb 7 2024, 10:29 AM

Enthusiast
*****
Junior Member
741 posts

Joined: Mar 2017
Kasi black market la...
Kedah Perlis alot black market nowadays
Can earn million because no legal shop there

plouffle0789
post Feb 7 2024, 10:53 AM

Regular
******
Senior Member
1,031 posts

Joined: May 2010
QUOTE(Colinlim75 @ Feb 7 2024, 10:29 AM)
Kasi black market la...
Kedah Perlis alot black market nowadays
Can earn million because no legal shop there

*
Perlis economy very good?

7 Pages « < 5 6 7Top
 

Change to:
| Lo-Fi Version
0.0124sec    0.25    5 queries    GZIP Disabled
Time is now: 28th March 2024 - 11:22 PM