Tag Archives: Jeju Sun Hotel & Casino
- Bloomberry denies Iao Kun’s claims of extending Jeju Sun deal deadline
September 26, 2016
Philippines-based casino operator Bloomberry Resorts has publicly refuted a junket operator’s claim that it had been given more time to close the purchase of Bloomberry's South Korean casino business. On June 23, Bloomberry announced that it had reached a deal to sell its Jeju Sun Hotel & Casino to Macau...
- Bloomberry sells its Jeju Sun casino to Macau junket investor Iao Kun Group
June 23, 2016
Philippine casino operator Bloomberry Resorts has sold its South Korean casino to Macau junket investor Iao Kun Group Holding Company (IKGH). Last week, Bloomberry publicly confirmed that it was mulling the sale of its Jeju Sun Hotel & Casino on South Korea's Jeju island. On Thursday, Bloomberry announced that its...
- Bloomberry mulls sale of Korean casino, second Manila venue targets mass market
June 17, 2016
Philippine casino operator Bloomberry Resorts is considering selling its recently acquired casino on South Korea’s Jeju island. On Friday, Bloomberry filed a notice with the Philippine Stock Exchange to address media reports that it was looking to sell the Jeju Sun Hotel & Casino, one of eight foreigners-only casinos on...
- 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...
- Bloomberry set to re-open casino in Korea
September 14, 2015
Philippine casino operator Bloomberry is re-opening its casino in Korea under the new management of Jeju Sun Hotel & Casino this month. In a disclosure to the Philippine Stock Exchange, Bloomberry said it has 96.23% shareholdings in Jeju Sun, 10% held directly and 86.23% through its subsidiary Solaire Korea Co....
Kangwon Land casino paying problem gamblers to stay away
March 24, 2017
Tensions in Asia propel bitcoin past $4,000 to new milestone
August 14, 2017
Cyberattack cripples Korean bitcoin exchange Bithumb
July 6, 2017
Chinese tourists maintain biggest spenders’ crown
April 13, 2017