Saturday 22 September
Powered by Ajaxy
Apr 20, 2018 @ 15:27

Albee Benitez to return to LRWC?


With just six months to go before the filing of candidacies for the 2019 mid-term elections, Negros Occidental Albee Benitez is still keeping his future plans close to his chest.

Benitez, who is serving his third and last term as congressman of the third district of Negros Occidental, remains undecided whether to run for senator or governor.

He was invited by House Speaker Pantaleon Alvarez of Davao del Norte to run under ruling party PDP-Laban’s senatorial slate for the 2019 polls.

However, sources said Benitez was leaning toward taking a break from politics to head the family-owned gaming business under Leisure and Resorts World Corp. (LRWC).

Benitez, who graduated from St. Mary’s College in Williamsburg, Virginia with a B.S. degree in Mathematics, served as president of LRWC from Oct. 10, 2005 to June 25, 2010.

He divested himself of business interests before being sworn in as congressman in 2010 amid concerns about the pote tial for conflicts of interest.

LRWC holds a wide range of interests in the country’s online and land-based gaming and leisure sectors.

The company is the local partner of Macau casino giant Galaxy Entertainment Group for a planned $500 milloon casino hub on the island of Boracay.

Tags: , , , , , , , , ,

Related Stories
Billionaire investor Carl Icahn said Friday he is leaving his post as special adviser to
James Murdoch, the chief executive of 21st Century Fox whose father Rupert has been a
Merck chief executive Kenneth Frazier resigned Monday from a White Housea dvisory panel on manufacturing,
Cebu Landmasters Inc. (CLI) is further expanding its presence in Visayas with the launch of


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.