Tag Archives: Bloomberry Resorts
- No application yet for Bloomberry casino in nearby Philippine city, residents told
October 18, 2017
The Philippine government has allayed fears of Quezon City residents by saying that there’s no formal applications yet for the establishment of a casino in the area. A paid advertisement in the guise of an open letter was published in different daily broadsheets on Monday, which bore the appeal to...
- Bloomberry targets PAGCOR casinos
September 27, 2017
Chinese billionaire Lawrence Ho is apparently not the only person interested in acquiring the casinos of the state-owned Philippine Amusement and Gaming Corporation (PAGCOR). Philippine-listed Bloomberry Resorts Corp. is planning to make a bid for PAGCOR's casinos, particularly those that are located outside Manila, according to a Reuters report. PAGCOR...
- Razon disposes of US$74M stake in Bloomberry Resorts
September 13, 2017
Filipino tycoon Enrique Razon Jr. disposed of more than three percent of his stake in Philippine-listed casino operator Bloomberry Resorts Corp. in a bid to boost the firm’s stock trading liquidity. In a disclosure to the Philippine Stock Exchange on Tuesday, Razon’s Prime Metroline Holdings Inc. sold 350 million shares...
- Chinese tourists lift Bloomberry Q2 profit
August 10, 2017
Philippine-listed casino operator Bloomberry Resorts is riding high on the influx of Chinese tourists to the country as reflected in its second quarter earnings report. Bloomberry said in a filing with the Philippine Stock Exchange that its net income during the April to June 2017 period rose 47 percent to...
- Strong VIP segment lifts Bloomberry Q1 net profit
May 16, 2017
Philippine casino operator Bloomberry Resorts Corp.’s net profit jumped to PHP2.15 billion (US$43.27 million) in the first quarter on the back of record VIP volume. Bloomberry announced that the company managed to reverse the PHP1.16 billion ($23.35 million) net loss it incurred in the same period last year, thanks to...
- Informal settlers block Bloomberry from developing second casino
April 24, 2017
Casino operator Bloomberry Resorts is pushing back its plans to build a second casino in the Philippines because the property where it will stand has yet to be cleared of informal settlers. The company has been eyeing to develop a “mixed-use” complex with a hotel and casino on a 1.5...
Okada Manila eyes Philippine backdoor listing
May 2, 2017