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LRWC Announces New Leaderships on December 18, 2020
December 29, 2020
MANILA, 17 DECEMBER 2020 – Leisure & Resorts World Corporation (LRWC) announced on Thursday, 17 December 2020, that it has hired Edward Cheung as President. Mr. Cheung will assume that role, replacing Eng Hun Chuah, and join the Board of Directors, effective same date. Mr. Cheung is an accomplished president who ... Read More »
LRWC Redeemed All Outstanding Preferred Shares on January 31, 2020 (Press Release)
February 10, 2020
NEWS RELEASE LRWC Redeemed All Outstanding Preferred Shares on January 31, 2020 LRWC (the “Company”) redeemed all its outstanding preferred shares on January 31, 2020. The total number of shares redeemed at par value was 1,650,000,000, amounting to Php1.65 billion. The Company also paid the accrued interest from July 1 to December ... Read More »
CEZA to open new airport in January 2018 [PhilStar]
December 26, 2017
By Iris Gonzales (The Philippine Star) | Updated December 26, 2017 - 12:00am http://www.philstar.com/business/2017/12/26/1771735/ceza-open-new-airport-january-2018 MANILA, Philippines — The Cagayan Economic Zone Authority (CEZA), operator of a freeport zone in Cagayan, is opening a newly built airport next month that would service international and domestic air travel. This was according to CEZA administrator and CEO Raul Lambino ... Read More »
Cagayan promises better infrastructure, security [AGB News]
December 20, 2017
Cagayan Economic Zone Authority (CEZA) CEO Raul Lambino told a forum that CEZA is implementing initiatives and various infrastructure support projects, particularly the rehabilitation of existing service facilities and the opening of its newly-built airport to international and domestic air travel early next month. The authority wants to promote the ... Read More »
Improved business climate at CEZA to lure more gaming investors (Press Release)
December 20, 2017
LEISURE AND RESORTS WORLD CORPOATION NEWS RELEASE December 20, 2017 Improved business climate at CEZA to lure more gaming investors A level playing field, world-class internet connectivity, stable power supply and a brand new international airport in a secure and stable business environment, await international gaming licensees (IGL) in online (offshore) gaming looking to set ... Read More »
LRWC, China group plan Boracay casino resort [PhilStar]
December 12, 2017
By Iris Gonzales (The Philippine Star) | Updated December 12, 2017 - 12:00am Read story, click here> http://www.philstar.com/business/2017/12/12/1767406/lrwc-china-group-plan-boracay-casino-resort BenitezMANILA, Philippines — Galaxy Entertainment Group Ltd. is betting big on the Philippines through a partnership with Leisure and Resorts World Corp. (LRWC), the listed gaming company founded by Negros Occidental Rep. Alfredo “Albee” Benitez. LRWC and Galaxy have ... Read More »
LRWC, Macau firm plan to put up Boracay casino [The Manila Times]
December 12, 2017
THE MANILA TIMES / ANGELICA BALLESTEROS / DECEMBER 12, 2017 Read story, click here > http://www.manilatimes.net/lrwc-macau-firm-plan-put-boracay-casino/368185/ LEISURE and Resorts World Corp. (LRWC) said Monday it was in talks with a Macau-based firm for the possible establishment of a world-class beach resort and casino on Boracay Island in Aklan Province. LRWC and Macau’s Galaxy Entertainment Group (GEG) discussed ... Read More »
LRWC in talks for Boracay casino, resort [Business World]
December 12, 2017
Business World/ Arra B. Francia/ December 12, 2017 Read story, click here >http://bworldonline.com/lrwc-talks-boracay-casino-resort/ LEISURE and Resorts World Corp. (LRWC) disclosed on Monday negotiations with a gaming firm based in Macau on a possible partnership for a beach resort and casino in Boracay island. LRWC said it is in talks with Galaxy Entertainment Group Limited (GEG) ... Read More »
Group eyes casino resort in Boracay [Philippine Daily Inquirer]
December 12, 2017
Read story, click here http://business.inquirer.net/242370/group-eyes-casino-resort-boraca By: Doris Dumlao-Abadilla / @philbizwatcher Philippine Daily Inquirer / 05:02 AM December 12, 2017 Gaming firm Leisure and Resorts World Corp. (LRWC) is in talks with Hong Kong-listed Galaxy Entertainment Group Ltd. (GEG), one of the three original gaming concessionaires in Macau, to build a world-class integrated beach resort and casino on Boracay ... Read More »
LRWC, Galaxy in talks for Boracay casino-resort [Manila Standard]
December 11, 2017
Manila Standard.net/ Jenniffer B. Austria / December 11, 2017 Read story here > http://manilastandard.net/business/transport-tourism/253805/lrwc-galaxy-in-talks-for-boracay-casino-resort.html Listed gaming company Leisure & Resorts World Corp. is in talks with Macau-based gaming and hospitality conglomerate Galaxy Entertainment Group Ltd. to develop a world-class beach resort and casino in Boracay Island at a cost of $300 million to $500 million. Executives from ... Read More »