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Gaming and recreation firm Leisure & Resorts World Corp. (LRWC) is planning to sell preferred shares to fund the expansion of its bingo sites and improve its data center facilities, the company said yesterday.

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                    [Title] => LRWC beefing up casino business with Pagcor deal
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Hotel and recreation firm Leisure & Resorts World Corp. (LRWC) is beefing up its casino business by luring more foreign gamers.

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Hotel and recreation firm Leisure & Resorts World Corp. (LRWC) is ramping up its bingo and hotel gaming facilities ahead of the opening of a $1.3-billion megacasino next year.

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                    [Title] => Belle channels P4.5-B share sale proceeds to mega-casino project
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The leisure and gaming unit of property and banking conglomerate SM Investments Corp. (SMIC) has channeled the entire proceeds of its P4.5-billion share sale for the construction of a mega-casino complex along Manila Bay.

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                    [Title] => Melco unit shoring up capital
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                    [Title] => Belle Grande on track to open by mid-2014
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The local unit of Macau-based casino giant Melco Crown Entertainment Ltd. is on track to starting commercial operations of its $1.3-billion integrated casino complex in Parañaque in the middle of 2014.

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                    [Title] => Sinophil seeks partnership with Belle
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                    [Title] => Melco Crown selling more shares
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The local unit of Macau-based casino giant Melco Crown Entertainment Ltd. is selling more shares following robust demand during its $377-million fundraising program last month.

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                    [Title] => Melco Crown incurs $8.3-M loss in Q1
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The local unit of Macau-based casino giant Melco Crown Entertainment Ltd. incurred losses in the first quarter, ahead of the commercial operations of its $1.3-billion integrated resort complex in Manila.

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Integrated casino developers at the 120-hectare Entertainment City of the Philippine Amusement and Gaming Corp. (Pagcor) along Manila Bay are looking at ways to avoid the adverse effects of the 30 percent income tax that the Bureau of Internal Revenue (BIR) has imposed on their gross gaming revenue.

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BELLE GRANDE MANILA

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Hotel and recreation firm Leisure & Resorts World Corp. (LRWC) is beefing up its casino business by luring more foreign gamers.

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Hotel and recreation firm Leisure & Resorts World Corp. (LRWC) is ramping up its bingo and hotel gaming facilities ahead of the opening of a $1.3-billion megacasino next year.

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The leisure and gaming unit of property and banking conglomerate SM Investments Corp. (SMIC) has channeled the entire proceeds of its P4.5-billion share sale for the construction of a mega-casino complex along Manila Bay.

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The local unit of Macau-based casino giant Melco Crown Entertainment Ltd. is on track to starting commercial operations of its $1.3-billion integrated casino complex in Parañaque in the middle of 2014.

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                    [Title] => Melco Crown selling more shares
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The local unit of Macau-based casino giant Melco Crown Entertainment Ltd. is selling more shares following robust demand during its $377-million fundraising program last month.

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                    [Title] => Melco Crown incurs $8.3-M loss in Q1
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The local unit of Macau-based casino giant Melco Crown Entertainment Ltd. incurred losses in the first quarter, ahead of the commercial operations of its $1.3-billion integrated resort complex in Manila.

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Integrated casino developers at the 120-hectare Entertainment City of the Philippine Amusement and Gaming Corp. (Pagcor) along Manila Bay are looking at ways to avoid the adverse effects of the 30 percent income tax that the Bureau of Internal Revenue (BIR) has imposed on their gross gaming revenue.

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abtest

Leisure & Resorts to sell preferred shares to expand gaming business

By Neil Jerome C. Morales | October 6, 2013 - 12:00am

Gaming and recreation firm Leisure & Resorts World Corp. (LRWC) is planning to sell preferred shares to fund the expansion of its bingo sites and improve its data center facilities, the company said yesterd...

Business

LRWC beefing up casino business with Pagcor deal

By Neil Jerome C. Morales | September 17, 2013 - 12:00am

Hotel and recreation firm Leisure & Resorts World Corp. (LRWC) is beefing up its casino business by luring more foreign gamers.

Business

LRWC eyes hotels with gaming facilities

By Neil Jerome C. Morales | July 29, 2013 - 12:00am

Hotel and recreation firm Leisure & Resorts World Corp. (LRWC) is ramping up its bingo and hotel gaming facilities ahead...

Business

Belle channels P4.5-B share sale proceeds to mega-casino project

By Neil Jerome C. Morales | July 9, 2013 - 12:00am

The leisure and gaming unit of property and banking conglomerate SM Investments Corp. (SMIC) has channeled the entire proceeds of its P4.5-billion share sale for the construction of a mega-casino complex along Manila...

Business

Melco unit shoring up capital

June 27, 2013 - 12:00am

The local unit of Macau-based casino giant Melco Crown Entertainment Ltd. is shoring up the capitalization of a subsidiary that holds a Philippine gaming license.

Business

Belle Grande on track to open by mid-2014

By Neil Jerome C. Morales | June 23, 2013 - 12:00am

The local unit of Macau-based casino giant Melco Crown Entertainment Ltd. is on track to starting commercial operations of its $1.3-billion integrated casino complex in Parañaque in the middle of 2014.

Business

Sinophil seeks partnership with Belle

By Neil Jerome C. Morales | June 19, 2013 - 12:00am

Dormant holding firm Sinophil Corp. is targeting a return to profitability in the medium term by partnering with parent firm and leisure developer Belle Corp.

Business

Melco Crown selling more shares

By Neil Jerome Morales | May 26, 2013 - 12:00am

The local unit of Macau-based casino giant Melco Crown Entertainment Ltd. is selling more shares following robust demand during its $377-million fundraising program last month.

Business

Melco Crown incurs $8.3-M loss in Q1

By Neil Jerome C. Morales | May 10, 2013 - 12:00am

The local unit of Macau-based casino giant Melco Crown Entertainment Ltd. incurred losses in the first quarter, ahead of the commercial operations of its $1.3-billion integrated resort complex in Manila.

Business

Casino builders eye ways to avoid tax hike effects

By Neil Jerome Morales | May 2, 2013 - 12:00am

Integrated casino developers at the 120-hectare Entertainment City of the Philippine Amusement and Gaming Corp. (Pagcor) along Manila Bay are looking at ways to avoid the adverse effects of the 30 percent income...

Headlines