Tag Archives: Jeju Sun
- Bloomberry shelves Korean casino sale
December 9, 2016
Philippine casino operator Bloomberry Resorts is putting the sale of its interest in Jeju Sun Hotel & Casino in South Korea at the back burner after its supposed buyer has ran out of money. The Philippine Daily Inquirer quoted Bloomberry chair Enrique Razon Jr. saying that the sale of the...
- Iao Kun finds treasure in Jeju Sun casino
June 28, 2016
This is a case of one man’s trash being another man’s treasure. Macau junket investor Iao Kun Group Holding Company (IKGH) is convinced that it made a good decision by buying Jeju Sun Hotel & Casino on South Korea’s Jeju Island from Philippine casino operator Bloomberry Resorts Corporation. Bloomberry Resorts...
- 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’s Jeju casino to suspend operations until December
November 11, 2015
Enrique Razon’s new venture in Korea’s Jeju Island is shutting its doors temporarily. In a disclosure to the Philippine Stock Exchange, Bloomberry Resorts said the island’s gaming regulator CRD suspended the Jeju Sun Hotel and Casino’s gaming operations for one month “as penalty for the acts of its previous casino...
- Improvement in Philippine operations narrows Bloomberry net loss
November 4, 2015
Despite third quarter losses, Bloomberry Resorts boss Enrique Razon remains positive as net loss narrows and gaming revenue grows. Bloomberry Resorts Corp. has posted a net loss of PHP189.5 million for the third quarter of 2015, compared to a net profit of PHP 991.7 million over the same period a year...
Okada Manila eyes Philippine backdoor listing
May 2, 2017