Tag Archives: Enrique Razon Jr
- Razon: Bloomberry QC casino project to push through
October 20, 2017
Philippine-listed casino operator Bloomberry Resorts Corp. is not backing down from its plan to construct another casino outside Manila's Entertainment City gaming zone despite being met with opposition. Bloomberry chairman Enrique Razon Jr. is determined to push through with its planned hotel and casino development in Quezon City, although its...
- Philippines’ crackdown on eGaming cafes a boon to casinos – Razon
September 19, 2016
Philippine President Rodrigo Duterte’s all-out war against online gambling has given a boost by no-less than casino mogul Enrique Razon. Bloomberg reported that the chairman and founder of Bloomberry Resorts Corp. has thrown its support to Philippine government’s campaign to stamp out illegal online gambling in the island nation. He...
- Philippine Supreme Court strikes down gambling corporate tax
September 6, 2016
Bloomberry boss Enrique Razon may now heave a sigh of relief after the Philippine Supreme Court (SC) has pulled out the corporate income tax stake that the government has driven through the heart of his casino business in 2014. In a decision dated August 10, 2016 but was only released...
- Bloomberry bans two Chinese junket agents, 18 others involved in $81-M heist
June 8, 2016
Two Chinese junket operators and 18 other players are banned – forever – from Solaire Casino & Resorts. Enrique Razon, chairman of Bloomberry Resorts Corp., which operates Solaire, announced during the company’s stockholders meeting that the gaming firm has forever banished junket agents Shushua Gao and Ding Zhise, – who...
- Bloomberry losses more than doubled to $24.86M in Q1
May 13, 2016
Bloomberry Resorts, owner and operator of the Solaire Resort & Casino and Jeju Sun Hotel & Casino, plunged to a P1.16 billion (US$24.86 million) net loss in the first quarter of 2016 due to higher foreign exchange losses and interest expenses from its Philippine operations. In a disclosure to the...
- Belle cries foul over Bloomberry’s plans to expand casino business in Manila
April 26, 2016
The group behind City of Dreams Manila, is up in arms after learning that one of its rivals is planning on opening a casino outside the Philippine Amusement and Gaming Corporation’s (Pagcor) Entertainment City complex. Belle Corporation vice chair Willy Ocier told reporters on Monday that state regulator Pagcor should...
Okada Manila eyes Philippine backdoor listing
May 2, 2017