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Hotel and recreation firm Leisure & Resorts World Corp. (LRWC) has firmed up its plan to expand into the online casino business with its P620-million purchase of an e-Games station operator.

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Hotel and recreation firm Leisure & Resorts World Corp. (LRWC) is expanding into the online casino business by acquiring the biggest operator of Philippine Amusement and Gaming Corp. (Pagcor) e-Games stations.

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                    [Title] => Biggest Pagcor E-Games operator mulls IPO
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The biggest operator of Philippine Amusement and Gaming Corp. (Pagcor) E-Games stations plans to go public in the second half of the year.

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                    [Title] => PEP cleared to go into mining, real estate
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Listed gaming firm Premiere Entertainment Productions Inc. (PEP) has obtained the Securities and Exchange Commission’s nod to engage in real estate development and mining as it seeks to boost profitability.
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Premiere Entertainment Productions Inc. (PEP), a publicly-listed gaming and entertainment firm, is hoping to raise up to P150 million through a private placement to fund its foray into the mineral resources and energy space as it aims to capitalize on the soaring demand for these services.
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Publicly-listed Premiere Entertainment Philippines Inc. (PEP) will seek to expand its business to non-gaming activities such as mining, real estate and information technology.
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                    [Title] => Digiwave sells online gaming software to Korean firm
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Digiwave Solutions Inc. (Digiwave), which is being acquired by publicly-listed Premiere Entertainment Philippines Inc., sold six of its online gaming software to Korean-based software firm Goodandgood Management, Inc. for $3 million (roughly P141 million).
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DIGIWAVE SOLUTIONS INC

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Hotel and recreation firm Leisure & Resorts World Corp. (LRWC) is expanding into the online casino business by acquiring the biggest operator of Philippine Amusement and Gaming Corp. (Pagcor) e-Games stations.

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abtest