Manila-listed gaming operator Leisure and Resorts World Corp (LRWC), which controls more than a third of the Philippines land-based bingo market, has been ordered to immediately shut down 53 electronic gaming and bingo establishments across the country.
The company received notice last week from the Philippine Amusement and Gaming Corporation (PAGCOR) to cease operations at 36 electronic bingo and 17 electronic gaming venues, which were found to be in breach of regulations dictating minimum distance requirements between gaming venues [...]