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Leisure & Resorts World Corporation

Company Description
Leisure and Resorts World Corporation (LR) was originally incorporated on October 10, 1957 as Atlas Fertilizer Corporation and engaged in fertilizer and industrial chemicals production. As part of its corporate restructuring in 1996, LR's primary purpose was amended in 1999 to engage in realty development focusing on leisure business.

Among LR's subsidiaries is AB Leisure Exponent, Inc. (ABLE), which provides amusement and recreation to the public in traditional, electronic, pulltabs and rapid bingo games. As of December 31, 2020, ABLE and its subsidiaries/affiliates operate around 10,978 machines in 151 affiliated bingo parlors.

The Company also owns 100% of Total Gamezone Xtreme, Inc., which is the assignee and purchaser of the assets, rights, and interests of Digiwave Solutions, Inc., which in turn is the operator and licensee of PAGCOR eGames stations.

LR's other direct subsidiaries include Blue Chip Gaming and Leisure Corporation; First Cagayan Leisure & Resort Corporation; LR Data Center Solutions Inc.; AB Leisure Global, Inc.; LR Land Developers, Inc.; Bingo Bonanza (HK) Limited; Prime Investment Korea, Inc.; and Hotel Enterprises of the Philippines, Inc.

Source: SEC Form 17-A (2020)
Security Information
Sector Services
Subsector Casinos & Gaming
Corporate Life 50
Incorporation Date Oct 10, 1957
Number of Directors 11
Stockholders' Meeting as per By-Laws Last Friday of July
Fiscal Year 12/31 (Month/Day)
External Auditor SyCip, Gorres, Velayo & Company
Transfer Agent Stock Transfer Service, Inc.
Contact Information
Business Address 26/F West Tower, PSE Centre, Exchange Road, Ortigas Center, Pasig City
E-mail Address [email protected]
Telephone Number (632) 8634-5099
Fax Number (632) 8634-5099