Our Business
Manila Jockey Club’s business efforts are currently and predominantly focused upon delivering the Philippines’ only world-class horse racing experience at our San Lazaro Leisure Park in Carmona, Cavite, a mere 20 minute drive from the Philippines’ financial capital district of Makati.
The bulk of our revenues are derived from our horse race betting operations, through more than 250 Off Track Betting (“OTB”) stations that are owned and franchised around the country, as well as from bets placed at our Turf Club. Our secondary revenues are derived from our shares in the co-developments we have with Ayala Corporation in various condominium and office towers at the San Lazaro Business and Tourism Park township in Santa Cruz, Manila, and from the suburban Canyon Ranch development located at the San Lazaro Leisure Park in Carmona, Cavite, in partnership with Century Properties. Ancillary revenues are derived from our horse stabling rental operations as well as revenues from casino at the San Lazaro Leisure Park.
Going forward and looking to the future, strengthening our core business shall remain our focus, whilst also growing real estate revenues and expanding our other investments. Manila Jockey Club maintains a healthy bank of land in Carmona, Cavite and at the San Lazaro Business and Tourism Park in Santa Cruz, Manila. The Company is proud to announce that the construction of a FIFA 2-Star artificial football pitch at the SLLP has finally been completed in 2017. The 3,000 square meter PFF Headquarters features the newly-constructed offices, lecture rooms, gym, and dormitories. The newly-furnished pitch will pave way for the conduct of several local and international tournaments in the SLLP.
Manila Jockey Club likewise maintains its majority ownership of its listed subsidiary, MJC Investments Corporation. MJC Investments is presently engaged in the operations of the first true, five-star luxury hotel, entertainment and tourism hub located north of Manila’s Pasig River – the Winford Manila Resort and Casino. Aiming to realize the full commercial potential of Winford, MJC Investments completed the interiors of the hotel and casino facilities in 2017. The Gaming Floor began operating a total of 24 gaming tables and 344 slot machines, a noteworthy increase from the previous year’s 248 operating slot machines.
Envisioning a world-class facility at the onset, Winford rightfully received the accolade of renowned hotel and leisure organizations here and abroad. This landmark project stands to establish MJC Investments as a credible participant in the Philippines’ growing tourism industry, and from whose future dividends Manila Jockey Club and its shareholders are certain to positively benefit from.
As the Company broadens its business horizons, Manila Jockey Club likewise recently engaged in cockfighting through its wholly-owned subsidiary, Manila Cockers Club, Inc. Manila Cockers Club has become the primary revenue generator for the Company in the last three years of its operations. The innovative ideas of Manila Cockers Club gave a boost to the traditional and age-old cockfighting industry -- not only by enhancing the cultural heritage of sabong, but by providing livelihood to the rural population at the same time.