A section of Accra, capital of Ghana
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Gary Peart, CEO of Supreme Ventures
By Javaughn Keyes
CEO of Supreme Ventures Gary Peart has expressed optimism about prospects for the company's Ghana Subsidiary.
While speaking at the Mayberry Investor Briefing on Monday, Mr. Peart said the company's partner in the African country, Game Park Limited, was granted a new ten-year licence last week.
Describing that development as "huge," Peart said it means "our partner now can put down much deeper lottery roots into the market space."
That, he said, "will drive material revenues, certainly in the back end of this year."
That breakthrough in Ghana was strategically important, he stressed, explaining that "we proved that we could export our proprietary lottery software."
Peart revealed there are now plans to build out the land-based distribution channels in Ghana, stressing that, so far, "the greatest value that we've gotten from Ghana is how we can operate, so we have been extracting certain effeciencies that we get in Ghana back into our model here, in Jamaica."
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