Pacific Online drops online betting, E-Lotto plays

MANILA, Philippines — Pacific Online Systems Corp. is divesting from its 37.5-percent stake in HHR Philippines, Inc. (HHRPI) and unwinding its participation in the Philippine Charity Sweepstakes Office’s (PCSO) E-Lotto project amid a tougher regulatory regime. In a disclosure on Thursday, the lottery equipment provider led by businessman Willy Ocier said the firm and electronic