Tag Archives: Solaire
South Korea – Bloomberry to take Soliare brand to Jeju Island
Philippine casino operator Bloomberry Resorts has confirmed it is buying a South Korean casino hotel operator as well as an entire island and island properties in its first move overseas. It will purchase 92 per cent of Golden and Luxury, who co-owns T.H.E. Hotel and Vegas Casino in the southern island of Jeju. The Bloomberry…
South Korea – Bloomberry secures land for Korean project
Philippine’s operator Bloomberry Resorts has confirmed it will develop a casino and entertainment complex in South Korea, marking its first overseas project. The project will carry the Soliare brand that Bloomberry utilised with the $1.2bn Solaire casino resort in Manila. Bloomberry stated: “Bloomberry Resorts has signed a four real estate agreement with several landowners for…
Philippines – Solaire to double capacity following surge in GGR
Bloomberry Resorts, owner of the Solaire Resorts and Casino, has confirmed it will double in size by the end of 2014. Bloomberry President Thomas Arasi revealed that the operation will double its hotel room capacity and the size of its gaming facilities with a US$500m expansion. Net income in the second quarter increased by more…
The Philippines – Bloomberry takes extra tax row to the Supreme Court
Bloomberry Resorts, the operator behind Solaire in Manila’s Entertainment City, has turned to the Supreme Court in the Philippines to call into question the validity of demands by the Bureau of Internal Revenue (BIR) for income tax of 30 per cent on profits imposed on Pagcor and its licensees. Bloomberry is arguing that the new…
Philippines – Solaire’s Phase 2 to add 300 tables and 1,300 slots
Bloomberry Resorts will spend almost P51bn to complete the second phase of Solaire Resorts & Casino by November with the aim of making it one of the biggest casinos in the world. The next phase of the casino in Manila’s Entertainment City in the Philippines will see the addition of 300 gaming tables and 1,300…
The Philippines – Bloomberry turns Solaire around in first quarter
Bloomberry resorts has posted total gross revenues of P7.381bn, over 11 times the P661m generated in the same period last year, generating a profit of P1.461bn from a loss of P1.056bn in the same period last year. Gaming continued to generate the bulk of the company’s total gross revenues, accounting for 95.7 per cent of…
The Philippines – Dolphin secures $700,000 Solaire chip order
Entertainment Gaming Asia’s Dolphin subsidiary has secured a major reorder to supply its gaming chips and plaques to Bloomberry Resorts’ Solaire Resort and Casino in the Philippines. Dolphin was the supplier of gaming chips for Solaire’s Phase 1, which opened in March 2013, and has now been selected to supply both gaming chips and plaques…
Philippines – Solaire celebrates first year of operation
Solaire Resort and Casino has celebrated its first year as an integrated resort destination, the first of four anchor properties in Manila’s Entertainment City. However its owner Bloomberry Resorts reported a loss of around US$29m for the year. Solaire has reported a loss of around US$6m for the nine and a half months of operations…
Philippines – Soliare back for more from Interblock
After the successful installation of Interblock products in time for the grand opening of the Solaire Resort & Casino in Manila, Interblock has now carried out an upgrade to the property adding two eight-unit G4 Organic Roulette systems and added another 30 play stations and two G4 Organic Roulette generators. Michael Hu, Sales Director Asia…
