For the updated or exact information, you should check edge.pse.com.ph or their official website.
1.
Company Information
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Company Name
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Leisure & Resorts World Corporation
(LR)
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Sector
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Services
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Incorporation Date
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Oct 10, 1957
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Subsector
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Casinos & Gaming
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Number of employees
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254 (Parent Only)
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Board of Directors
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Chairman: Reynaldo P. Bantug, Director: Willy N. Ocier
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Website / E-mail
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http://www.lrwc.com.ph / lrwc@bingob.com
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2.
Stock Information
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Total Assets
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10,637,608,119
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Market Capitalization
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5,375,339,253.76
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Total Liabilities
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3,352,835,660
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Outstanding Shares
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1,199,852,512
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Retained Earnings
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2,712,413,824
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Listed Shares
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1,199,852,512
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Listing Date
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Apr 17, 1958
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Issued Shares
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1,199,852,512
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Board Lot
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1,000
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Free Float Level (%)
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64.40%
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Par Value
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1.00
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Foreign Ownership Limit
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40%
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3.
Major Stock Holders (common shares)
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ALFREDO ABELARDO B. BENITEZ
GRANDSHARES, INC.
ZORAYMEE HOLDINGS, INC.
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11.24 %
10.00 %
09.27 %
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4.
Company Descriptions and Business Development
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Notes
1. In 2016, BEL has
terminated its City of Dream revenue-sharing agreement with LR. BEL is now
paying back the investment to LR.
2. Alfredo Benitez is a congressman.
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Overview
It is involved in various kinds of on/offline gaming
businesses. It generates revenues mostly from bingo games.
Business
Revenue
contribution in 2016 (in million pesos)
The
details are as follows:
Electronic bingo (Php4,512 million)
Traditional bingo (Php2,331 million)
Service and hosting fees (Php1,867 million)
Junket operation (Php894 million)
Rent income (Php397 million)
Rapid bingo (262 million)
Commission (268 million)
Share in Casino project (208 million)
Compensation fee from casino project (128 million): It
granted advance for the City of Dream project.
Pull tabs (17 million)
Others (254 million)
Subsidiaries /
Associates / Affiliates / Joint Ventures
AB Leisure Exponent, Inc. (ABLE,
100%) is a
operator of a number of bingo parlors. It has 33 subsidiaries and interests
in 5 bingo parlors. It has around 9,790 e-bingo machines installed in 143
bingo parlors.
Total Gamezone Xtreme, Inc. (TGXI) operates PAGCOR e-games stations.
It has 39 branches with a total of 1,416 terminals.
Blue Chip Gaming and Leisure
Corporation (BCGLC)
is engaged in PAGCOR slot machines and gaming facilities business by leasing.
Hotel Enterprises of the
Philippines, Inc. (HEPI, 51%) owns and operates the Midas Hotel and Casino.
First Cagayan Leisure & Resort
Corporation (FCLRC, 69.68%) is engaged in internet and gaming enterprises and
facilities related businesses in the Cagayan Special Economic Zone Free Port
(CSEZFP). It collects a sub-license fee to two (2) percent of the gross
winnings from the internet casino.
LR Data Center and Solutions, Inc.
(LRDCSI, 80%)
AB Leisure Global, Inc. (ABLGI, 100%)
Bingo Bonanza (HK) Limited (BBL,
60%)
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