• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

LRWC unit to lease some Pagcor VIP clubs

Dec 18, 2015 Newsdesk Latest News, Philippines, Top of the deck  


LRWC unit to lease some Pagcor VIP clubs

Blue Chip Gaming and Leisure Corp, a subsidiary of Leisure and Resorts World Corp (LRWC), has been given the right to lease four VIP clubs of the Philippine Amusement and Gaming Corp (Pagcor).

The news was given in a filing to the Philippine Stock Exchange on Thursday by Leisure and Resorts World Corp.

The Pagcor VIP Clubs subject to the leasing agreement are at: Subic Bay Freeport Zone, Subic Zambales “with Palmgold International Ltd”; and at Pan Pacific, Malate Manila; Paseo Premier Hotel, Santa Rosa Laguna; and Apo View Hotel, Davao City, all “with Pacific Palm Corp”, said the filing.

The terms under which Blue Chip Gaming and Leisure will lease the facilities were not mentioned in the filing. The document said confirmation and approval of the leases was still to be finalised.

Pagcor is the regulator of the Philippine casino industry and also the operator of some publicly owned casino facilities.

Leisure and Resorts World Corp is an investor – via a subsidiary – in the City of Dreams Manila casino resort in the Philippines capital. The latter property is operated by Melco Crown (Philippines) Resorts Corp.


  • tweet
Related articles
  • Kevin Benning starts new senior role at Studio City, Macau
    Kevin Benning starts new senior role at...

    Dec 11, 2020  

  • Pagcor boss affirms some Ent City casinos have PIGO permits
    Pagcor boss affirms some Ent City...

    Dec 09, 2020  

More news
  • CNY 2021 unlikely to boost Macau casinos, say observers
    CNY 2021 unlikely to boost Macau...

    Jan 15, 2021  

  • Mass market play record 65pct Macau GGR in 4Q: govt
    Mass market play record 65pct Macau GGR...

    Jan 15, 2021  


Latest News

CNY 2021 unlikely to boost Macau casinos, say observers

CNY 2021 unlikely to boost Macau casinos, say observers

Jan 15, 2021  

Recent advisory notices issued by a number of local authorities in mainland China, calling on residents not to travel during the February Chinese New Year (CNY) break, further clouds the prospects...
Read More
Mass market play record 65pct Macau GGR in 4Q: govt

Mass market play record 65pct Macau GGR in 4Q: govt

Jan 15, 2021  

Malaysia Covid outlook negative to Genting Bhd: Moody’s

Malaysia Covid outlook negative to Genting Bhd: Moody’s

Jan 15, 2021  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Partners

Pick of the Day

“We expect Las Vegas Sands to not have any material change in strategy. The focus remains developing Macau and Singapore”

Vitaly Umansky, Kelsey Zhu and Tianjiao Yu

Analysts at brokerage Sanford C. Bernstein



Most Popular

  • Sheldon Adelson, self-declared casino industry iconoclastSheldon Adelson, self-declared casino industry iconoclast January 13, 2021
  • Casino entrepreneur Sheldon Adelson dies aged 87Casino entrepreneur Sheldon Adelson dies aged 87 January 12, 2021
  • Guangdong govt advises public to stay in province for CNYGuangdong govt advises public to stay in province for CNY January 11, 2021
  • Quality fake chips sold online found at Macau casinoQuality fake chips sold online found at Macau casino January 13, 2021
  • Revamped Nüwa hotel reopens Feb 8, says City of DreamsRevamped Nüwa hotel reopens Feb 8, says City of Dreams January 12, 2021
Copyright 2014-2020 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us