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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 to continue boutique bingo expansion

August 1, 2016

Posted on August 01, 2016 By Keith Richard D. Mariano, Reporter http://www.bworldonline.com/content.php?section=Corporate&title=lrwc-to-continue-boutique-bingo-expansion&id=131224 LEISURE & RESORTS World Corp. (LRWC) will continue expanding its gaming business despite a pronouncement from Malacañang against online gambling operations. “We are pursuing with the plans; we don’t see any reason why we should not as long as we follow government ... 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 »

Gaming firm posts 37% rise in net profit

April 20, 2016

By Miguel R. Camus @inquirerdotnet Philippine Daily Inquirer 20 April 2016,  12:29 AM Source Link Listed Leisure and Resorts World Corp. saw its profit jump last year as its major gaming divisions posted better results. In a stock exchange filing Tuesday, the company said its 2015 net income rose 37 percent to P1.03 billion from the ... Read More »

LRWC profit up despite drop in casino income

April 19, 2016

By Roy Stephen Canivel The BusinessWorld Online 19 April 2016 Source Link THE majority owner of the online gaming license-holder at the Cagayan Freeport and Special Economic Zone saw its profit grow by more than a third in 2015 despite lower income from its casino operations. In a disclosure to the Philippine Stock Exchange, Leisure ... Read More »

Leisure Resorts World 2015 net income tops P1B

April 19, 2016

By Katrina Mennen A. Valdez The Manila Times Online 19 April 2016 Source Link Leisure & Resorts World Corp. (LRWC) on Tuesday said that its net income last year surged by more than a third despite a slowdown in the gaming sector. In a disclosure to the Philippine Stock Exchange, LRWC said its net consolidated ... Read More »

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