Papa John’s to open Franchise Outlet in Philippines
Berjaya Pizza Philippines, Inc. will own the local Papa John’s operation, with listed lottery equipment firm Prime Gaming Philippines, Inc. owning a 65% stake.
The holder of the Papa John’s franchise in Malaysia, Berjaya Pizza Company Sdn Bhd, will own 20% of the Philippine franchise, Prime Gaming said.
Prime Gaming leases more than 2,000 lotto terminals in Luzon to the state-led Philippine Charity Sweepstakes Office.
Papa John’s International, Inc., which is listed on the NASDAQ, has 3,000 restaurants worldwide and claims to be the leader in the “superior-quality traditional pizza” category.
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