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Staying Ahead

Leisure and Resorts World to build 20 boutique bingo sites this year

July 29, 2017

BUSINESS WORLD by AB FRANCIA July 29, 2017 http://www.bworldonline.com/content.php?section=Corporate&title=leisure-and-resorts-world-to-build-20-boutique-bingo-sites-this-year&id=148999   LEISURE and Resorts World Corp. (LRWC) wants to open up to 20 boutique bingo gaming sites this year as the outlook on online gaming operations brightens after a long lull. Bingo Bonanza    RELATED STORIES LRWC profit up despite drop in casino income The listed retail gaming firm said ... Read More »

Leisure Resorts World to open 10 bingo outlets this yr

July 29, 2017

MANILA TIMES BY ANGELICA BALLESTEROS, TMT ON JULY 29, 2017 http://www.manilatimes.net/resorts-world-to-open-10-bingo-outlets-this-yr/341227/   LISTED gaming firm Leisure & Resorts World Corp. (LRWC) said on Friday it is targeting to put up 10 more bingo outlets this year in line with its commitment to put up 20 branches annually. The company has so far put up 11 branches ... Read More »

LRWC posts slight profit growth

April 30, 2017

Manila Bulletin Online http://business.mb.com.ph/2017/04/30/lrwc-posts-slight-profit-growth/Published April 30, 2017, 10:00 PM By James A. Loyola Gaming firm Leisure Resorts World Corporation (LRWC) reported a slight improvement in net income to P1.06 billion last year (net of P83.6 million provisions for impairment of assets in closed sites and bad debts) from the P1.03 billion earned in ... Read More »

Leisure & Resorts World posts flat profit in 2016

April 19, 2017

THE MANILA TIMES BY ANGELICA BALLESTEROS, TMT ON APRIL 19, 2017 http://www.manilatimes.net/leisure-resorts-world-posts-flat-profit-2016/322952/   LISTED gaming firm Leisure and Resorts World Corp. (LRWC) on Tuesday said it managed to surmount a difficult 2016 after posting a slight uptick in consolidated net income to P1.055 billion from the P1.030 billion recorded in 2015. “This was achieved in spite ... Read More »

Belle buys out LRWC from City of Dreams for P5 B

November 4, 2016

By James A. Loyola/ Manila Bulletin Source Link: http://business.mb.com.ph/2016/11/04/belle-buys-out-lrwc-from-city-of-dreams-for-p5-b/ Belle Corporation and Premium Leisure and Amusement, Inc. (Belle Group), which are controlled by the SM Group, are buying out the interest of Leisure and Resorts World Corporation and AB Leisure Global, Inc. (LRWC Group) in City of Dreams Manila for P5.09 billion. In a disclosure ... Read More »

Pagcor allows LRWC subsidiary to resume e-bingo operations

September 26, 2016

By Business Mirror Source Link: http://www.businessmirror.com.ph/pagcor-allows-lrwc-subsidiary-to-resume-e-bingo-operations/#respond   LEISURE and Resorts World Corp. (LRWC) on Monday said state-owned Philippine Amusement and Gaming Corp. (Pagcor) has allowed its wholly owned unit AB Leisure Exponent Inc. to resume the operation of its electronic bingo sites. The company said in its disclosure to the Philippine Stock Exchange, Pagcor’s board ... Read More »

LRWC ordered to close 53 e-games, bingo outlets

September 10, 2016

By Zinnia Dela Pena/ PhilStar Source Link: http://www.philstar.com/business/2016/09/10/1622072/lrwc-ordered-close-53-e-games-bingo-outlets MANILA, Philippines - The Philippine Amusement and Gaming Corp. has directed Leisure & Resorts World Corp. to immediately close down 53 of its electronic gaming and bingo outlets for failure to comply with the distance restriction guidelines. This makes LRWC, the largest operator of electronic number ... Read More »

LRWC profit shoots up 37% despite weak junket gaming

April 24, 2016

By Riza Lozada/The Market Monitor Source Link Gaming firm Leisure and Resorts World Corp. (LRWC) reported a consolidated net income of P1.03 billion last year or a 37-percent increase from a P750-million profit in 2014 despite a substantial drop in its junket casino business. LRWC’s junket casino operations suffered a 30-percent decline in ... Read More »

LRWC net profit tops P1 billion

April 21, 2016

By James A. Loyola/ The Manila Bulletin Gaming firm Leisure & Resorts World Corporation (LRWC) reported a 37 percent jump in its 2015 consolidated net income to P1.030 billion from 2014's net income of P750 million. In a disclosure to the Philippine Stock Exchange, the firm said its four main business ... Read More »

LRWC nets P1.03 last year

April 21, 2016

By Iris Gonzales/ The Philippine Star Source Link MANILA, Philippines – Leisure and Resorts World Corp. (LRWC) reported a consolidated net income of P1.03 billion last year, up 37 percent  year on year. For the fourth quarter, net earnings went up by only three percent to P229 million due to the continued downward trend ... Read More »

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  • Price: 4.32PHP
  • Time: 18 Aug 2017
  • Price Change: Php0.20 (+4.85%)
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