Leisure and Resorts World Corp.’s (LRWC) core business, Bingo Bonanza Corp., posted a 13.7-percent improvement in its net income and breached the billion-mark in gross revenue as early as the first quarter of 2012.

In a disclosure to Philippine Stock Exchange, LRWC said that the rapid sales increase was attributed to new gaming products, i.e. electronic bingo, rapid bingo, pull-tabs, and instant charity bingo, that are being played with higher frequency and are not time-bound like the traditional bingo game.