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Tag Archives: Bloomberry Resorts

Philippines – Soliare GGR up 29 per cent quarter to quarter but closures halt rebound

Although it is now shut again, 88 days of operation saw Bloomberry Resorts, the operator behind Solaire Resort & Casino, to a 29 per cent increase in revenues in its first quarter of 2021 compared to its last quarter of 2020. Enrique K.Razon Jr.,Bloomberry Chairman and CEO, said: “Despite the challenges, the company generated solid…

Philippines – Solaire achieves six-times increase from quarter to quarter

Operating at 30 per cent capacity, Bloomberry Resorts’ Solaire Resort & Casino generated GGR of P4.4bn (US$91.3m) during the third quarter, representing a 74 per cent decrease from P17.1bn in the same period last year. However, quarter by quarter, the results reflect an increase of six times from Php686.6bn (US$14.1m) in the second quarter to…

Philippines – Solaire hopeful of increasing capacity above 30 per cent

Bloomberry has confirmed that its Solaire Resort & Casino is launching a ‘phasing plan’ that will see it boost its visitation levels from the current 30 per cent with protocols in social distancing and safety. It began operating at 30 per cent capacity last month but has outlined how its workforce will be educating customers…

Philippines – Solaire will only reopen 20 per cent of gaming floor when restrictions are lifted

The gaming floor at Solaire Resort & Casino in the Philippines will only reopen at around 20 per cent once the lock down there is lifted. Enrique Razon Jr Chairman and CEO of the casino’s owner Bloomberry Resorts Corp, made the admission to local media PhilStar, following Philippines President Rodrigo Duterte decision to extend the…

Philippines – Bloomberry’s profits up 38 per cent as GGR at Solaire and Jeju Sun surge

Bloomberry Resorts, owner of Solaire Resort & Casino in the Philippines and Jeju Sun Hotel & Casino in South Korea, saw its profits increase by 38 per cent in 2019 to reach P9.9bn. Total Gross Gaming Revenue (GGR) at Solaire was P59.8bn, 17 per cent higher than in 2018, driven by higher hold in VIP…

Japan – Wakayama sets decision date of Autumn 2020 for IR hopefuls

Suncity Group, Bloomberry Resorts and Lucien Barrière will find out whether they have a future as a casino operator in the Japanese prefecture of Wakayama by Autumn 2020. That is of course if the national basic policy for Integrated Resorts bids is decided in January 2020. The tender of a licence in Wakayama, in the…

Japan – Suncity and Bloomberry unveil Wakayama blueprint

Macau-based Suncity and Bloomberry Resorts, owner of Solaire Resort & Casino in the Philippines, have launched their blueprint for an IR license in Wakayama. The pair launched their concept a symposium in Wakayama where they showed a video of their plans which includes a 2,500-room hotel and an exhibition hall to hold 12,000 people. Suncity…

Philippines – Bloomberry and Solaire reach new highs with higher revenues across the board

Bloomberry Resorts saw each of its revenue segments grow at its Solaire Resort & Casino in the Philippines and its Jeju Sun Hotel & Casino in Korea) pushing it to its highest levels of EBITDA and net profit since its flagship property Solaire opened in March 2013. Both EBITDA and net profit growth were supported…

South Korea – Iao Kun Group pull out of Jeju sale

Iao Kun Group Holding Company’s purchase of Bloomberry Resorts’ Jeju casino in South Korea has fallen through. Bloomberry Chairman Enrique Razon confirmed that negotiations with the Macau junket operator had come to an end. He said: “We had sale already done but it fell through. But business is starting to pick up so we are…