Bloomberry was saved by Solaire’s reopening in the third quarter, but they are still operating at a big loss.
Solaire’s income was down more than 90% for the second quarter, but CEO Enrique Razon hopes Solaire North is the key to the future.
Two casino projects in the Philippines won’t be ready for at least a couple more years.
Bloomberry Resorts loses bid to dismiss latest civil suit over Bangladesh central bank heist, fails to set aside $296m GGAM judgment.
Philippine casino operator Bloomberry Resorts reports profit falling 38% in Q1 as its flagship Solaire casino in Manila remains under pandemic lockdown.
Plans to cut dividends, reduce staff are just some of the measures the gaming companies hope will help to reduce the impact of the coronavirus.
Bangladesh Bank has appealed a court’s ruling that cleared the gaming operator of racketeering charges linked to the online theft of $81 million.
Bloomberry is making gestures to its investors, while Okada looks to reassure its employees.
Enrique Razon, boss of Solaire Resort & Casino parent Bloomberry Resorts, is more worried about slowing pandemic spread than the imact on his business.
US District Court dismisses civil suit filed by Bangladesh bank against Philippine casino operator Bloomberry Resorts over 2016 heist of $81m.