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Focus Gaming News Asia Pacific | lrwc

lrwc

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04/20/23

DigiPlus revenue rises 217% in 2022

DigiPlus’ revenue hit PHP8.91bn (US$157.91m).

12/13/22

LRWC hopes to raise up to US$32m through private placement

The company aims to strengthen its technology platforms and develop better products and services.

09/29/22

LRWC to increase capital to expand Philippine operations

Leisure & Resorts World Corporation plans to increase capital by 40 per cent in order to upgrade infrastructure, expand operations and revisit Boracay.

08/16/22

LRWC posts positive EBITDA of US$1.87m for Q2

Consolidated revenue rose 250 per cent year-on-year to PHP1.7bn.

05/25/22

LRWC posts net loss of US$4.2m for Q1

Gross gaming revenue declined 1.4 per cent year-on-year for the first quarter of the year.

05/10/22

LRWC updates BingoPlus logo

03/09/22

LRWC to put share funds towards online platform

LRWC has announced it will use the funds from its latest share issuance to develop its online platform.

03/08/22

LRWC expects to raise US$40.3m from share issuance

LRWC’s board of directors has approved and authorised the issuance of 1.27 billion common shares from it unissued capital stock. The company has not disclosed how it plans to use the funds.

01/31/22

LRWC launches first Philippine online bingo offering

10/06/21

LRWC director resigns to run for public office

Alfredo Abelardo B. Benitez has stepped down as LRWC director to run for mayor in Bacolod City.

09/09/21

PAGCOR approves LRWC electronic games system service

Leisure & Resorts World Corp (LRWC) has been granted permission to operate as an electronic games system service provider with its Total Gamezone Xtreme brand.

09/01/21

LRWC seeks to re-partner with Galaxy for Boracay casino

With a casino on Boracay looking possible again, LRWC wants to resume its partnership with Galaxy Entertainment Group Ltd.

08/18/21

LRWC profits down 54% in Q2

LRWC has shared its financial results for the second quarter of the year, reporting gross profits of PHP171.74m, down 54 per cent when compared to the first quarter.

12/09/19

LWRC drops plans for Boracay’s casino

The project was announced in December 2017, when LRWC bought the parcels of land in Boracay in 2017 for $500 million for a resort development.

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Highlighted Interview

Alex Leese, Pronet Gaming: “The Asian market will become increasingly personalised and increasingly local”

Alex Leese, Pronet Gaming: “The Asian market will become increasingly personalised and increasingly local”

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Focus Gaming News is a media group that produces a daily online newspaper aimed at international gaming executives. This communication tool is visited by more than 140,000 monthly readers around the world and delivers up-to-date news from the gaming and iGaming businesses. Focus Gaming News also releases a daily newsletter and it is received by more than 35,000 subscribers. It features news on regulation, legislation, sports betting and online and land-based gaming, as well as reports on the latest products and trends, interviews with key specialists, and more. There are also Focus Gaming News, Focus Africa, Focus Latin America, Focus Brasil and Focus UAE – five daily releases focusing exclusively on these specific markets.