LRWC has held a soft launch for its PAGCOR-licensed online bingo offering.<\/p>\n\n\n\n\n\n\n\n
The Philippines.-\u00a0\u00a0Leisure & Resorts World Corp\u00a0<\/strong>(LRWC<\/a>) has announced that it has launches the first online bingo offering in the Philippines. The regulator, the Philippine Amusement and Gaming Corp<\/strong> nd Gaming Corp (PAGCOR)<\/strong>, approved\u00a0LRWC\u2019s AB Leisure division’s request<\/a>\u00a0to begin operations as an electronic games system service provider in September.<\/p>\n\n\n\n AB Leisure has held a soft launch of its BingoPlus <\/strong>series, which offers traditional online bingo games. LRWC said that online bingo games are expected to become one of the company’s main revenue sources<\/strong> in the future.\u00a0More customers are expected to sign up as the game is easily accessible online via streaming and initially will also be available to play live at 18 Bingo Bonanza traditional bingo halls in Metro Manila and other provincial areas.\u00a0<\/p>\n\n\n\n The company also plans to expand the Online Traditional Bingo live service at other traditional bingo sites across the country.<\/p>\n\n\n\n LRWC’s newly appointed president Andy Tsui<\/strong> stated: “One of the company\u2019s major strategies is to strengthen online platforms to provide more and better playing opportunities to customers during the pandemic and beyond.<\/p>\n\n\n\n “Online Traditional Bingo is a great way to enjoy bingo from the comfort of ones\u2019 home without having to miss out on social interaction and have the chance to win huge prizes.”<\/p>\n","protected":false},"excerpt":{"rendered":" LRWC has held a soft launch for its PAGCOR-licensed online bingo offering.<\/p>\n","protected":false},"author":176,"featured_media":26799,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Leisure & Resorts World Corp (LRWC), through its AB Leisure division, has initiated a soft launch for the Philippines' inaugural PAGCOR-licensed online bingo offering, \"BingoPlus.\" This strategic move aims to establish online bingo as a significant future revenue stream, leveraging both digital streaming and initial availability across 18 traditional Bingo Bonanza halls, with plans for broader national expansion.","focusai_entities":"Leisure & Resorts World Corp, LRWC, AB Leisure, Philippine Amusement and Gaming Corp, PAGCOR, BingoPlus, Bingo Bonanza, Andy Tsui","focusai_location":"Philippines, Metro Manila","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.85), operator_casino (0.9), affiliate_publisher (0.7), product_ux (0.85), tech_data (0.8), marketing_crm (0.85), investor_analyst (0.95), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Revenue Projections","query":"What are LRWC's specific GGR and NGR projections for the BingoPlus series in its initial 12-18 months of full operation, and how will this impact the company's overall EBITDA?"},{"label":"Regulatory Framework","query":"Beyond the initial PAGCOR license, what specific regulatory compliance challenges does LRWC anticipate in scaling its online bingo operations across various provincial areas, particularly concerning local ordinances and responsible gaming mandates?"}],"footnotes":""},"categories":[157,16333],"tags":[23911,3857,405],"class_list":["post-26783","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news","tag-gambling-regulation","tag-lrwc","tag-pagcor"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=26783"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26783\/revisions"}],"predecessor-version":[{"id":26808,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/26783\/revisions\/26808"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/26799"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=26783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=26783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=26783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}