Tag Archives: lrwc
- LRWC net income slump extends in Q2
August 15, 2017
The continued exodus of online gambling locators from First Cagayan Leisure and Resort Corp. (FCLRC) has dragged down the net income of Philippine-listed holding company Leisure and Resorts World Corporation (LRWC). In a disclosure to the Philippine Stock Exchange on Monday, LRWC reported that the company’s net income plunged 72...
- Leisure and Resorts World Corp. ekes out 2% profit rise in 2016
April 18, 2017
Philippine-listed gambling firm Leisure & Resorts World Corp. (LRWC) survived a tumultuous year for the local gambling industry as it managed to eke a two percent rise in consolidated net income in 2016. Despite the online gambling war that Philippine President Rodrigo Duterte launched in the second half of 2016,...
- LRWC consolidated net income down 17%
November 24, 2016
Philippine-listed gambling firm Leisure & Resorts World Corp. (LRWC) see its consolidated net income slide by 17 percent during the third quarter of 2016. In a regulatory filing, LRWC announced that it posted a consolidated net income of P288.6 million (US$5.77 million) in the July to September 2016 period, much...
- Leisure and Resorts World profit up 37% despite casino income stumble
April 20, 2016
Philippine-listed Leisure and Resorts World Corp. (LRWC) consolidated revenue for 2015 was up by almost 40 percent at PHP9.5 billion (US$206 million) year-on-year, despite a drop in income from its casino operations. In a filing with the Philippine Stock Exchange, the company—which has several interests related to land-based and online...
- AERL turnover tumbles; Sands all over Asia; LRWC keeps Belle Grande equity
November 3, 2012
Junket operator Asia Entertainment & Resources Ltd. (AERL) didn’t share in the unexpectedly steep revenue growth Macau enjoyed in October. AERL reported rolling chip turnover fell 31% year-on-year to $1.47b, but that was mitigated somewhat by a higher than average win rate of 4.25% (normalized win rate is between 2.85%...
New Japan law recognizes bitcoin as method of payment
March 31, 2017
Okada Manila eyes Philippine backdoor listing
May 2, 2017