Enrique Razon, boss of Solaire Resort & Casino parent Bloomberry Resorts, is more worried about slowing pandemic spread than the imact on his business.
A unit of Philippine-listed casino operator Bloomberry Resorts Corp. (BRC) is buying more than 1 million shares of its parent company,
Enrique Razon, Jr. announced that the second Solaire casino in the Philippines will finally break ground sometime in 2019.
Bloomberry Resorts Corp. jumped to a record of PHP3.691 billion (US$71.2 million) in the first quarter of 2018 on the back of robust mass and VIP segments.
Solaire’s gross gaming revenue (GGR) climbed 16%, reaching more than $844 billion, the highest on record for the casino.
Another country has been added to Bloomberry Resorts’ growing list of potential new ventures as it eyes expanding its operations outside of the Philippines.
Bloomberry Resorts Corp. is not backing out from its plan to construct another casino outside the Entertainment City despite being met with opposition.
Lawrence Ho is apparently not the only person who is planning to acquire the casinos of Philippine Amusement and Gaming Corporation (PAGCOR).
Enrique Razon Jr. disposed more than 3% percent of his stake in Bloomberry Resorts Corp. in a bid to boost the firm’s stock trading liquidity.
PH President Rodrigo Duterte’s all-out war against illegal online gambling has given a boost by no-less than casino mogul Enrique Razon.