Mjc Investments Corporation (Philippines)

MJC Investment Corporation (MJIC) is a publicly-listed company based in Manila, Philippines. The company is primarily involved in the tourism and entertainment industries. It is listed on the Philippine Stock Exchange under the ticker symbol "MJIC" and is majority-owned by a group of strategic investors with extensive experience in financial and tourism-related projects. The Manila Jockey Club, Inc., another listed company, is the largest single stockholder of MJIC. MJIC's main focus is on providing a world-class horse racing experience at the San Lazaro Leisure Park in Carmona, Cavite, which is located just a 20-minute drive from Makati, the financial capital district of the Philippines. The company generates the majority of its revenues from horse race betting operations through over 250 Off Track Betting (OTB) stations owned and franchised across the country, as well as bets placed at their Turf Club. In addition to horse racing, MJIC also derives secondary revenues from co-developments with Ayala Corporation in various condominium and office towers at the San Lazaro Business and Tourism Park in Sta. Cruz, Manila. They also generate revenue from the suburban Canyon Ranch development in partnership with Century Properties, both located at the San Lazaro Leisure Park. Ancillary revenues come from horse stabling rental operations and the casino at the San Lazaro Leisure Park. MJIC is also involved in the operations of the Winford Manila Resort and Casino (WMRC), which is the first luxury hotel, entertainment, and tourism hub in Sta. Cruz, Manila. The WMRC offers premium hotel accommodations, fine dining restaurants, a large ballroom, and internationally-designed indoor entertainment space. The casino at WMRC currently operates 32 gaming tables and 545 electronic table games, with plans to increase the number of tables and slot machines in the future. In response to the COVID-19 pandemic, WMRC has implemented strict health standards and safety protocols in partnership with ECOLAB, a global leader in hygiene technologies. These measures include social distancing, acrylic barriers for table games, mandatory face mask wearing, regular disinfection of public areas, and rapid testing of employees. Recently, the Manila Jockey Club, Inc., a subsidiary of MJIC, has also entered the cock-fighting industry through its wholly-owned subsidiary, Manila Cockers Club, Inc. This has become a significant revenue generator for the company, providing livelihood opportunities to the rural population while enhancing the cultural heritage of cock-fighting. Overall, MJIC is a publicly-listed company focused on the tourism and entertainment industries, with its main operations in horse racing, real estate development, and casino operations.