Tag Archives: solaire resort and casino
- 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...
- Philippine police bust kidnappers preying on casino high-rollers
July 20, 2017
Authorities in the Philippines have disrupted a major kidnapping gang that was abducting high-rolling gamblers from Manila casinos. On Thursday, the Philippine Daily Inquirer reported that the Philippine National Police (PNP) and the Bureau of Immigration (BI) had detained 45 foreigners suspected of operating a kidnapping ring responsible for a...
- 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...
- Bloomberry swings to US$46M profit in 2016
March 24, 2017
Higher gaming revenue and improved hotel occupancy helped Philippine-listed casino operator Bloomberry Resorts Corp. claw its way back to profitability, raking a Php2.32 billion (US$46.07 million) net profit in 2016. Bloomberry’s 2016 profit was a sharp turnaround from the P3.37-billion ($66.92 million) net loss it registered in 2015. In a...
- Philippines casino sector has fighting chance to topple Singapore, says Bloomberry exec
March 17, 2017
The Philippine casino sector may give Singapore a run for its money due to improved tourism figures and infrastructure in the country. Bloomberry Resorts Corp. Enrique Razon painted a rosy outlook for the Philippines on Friday, as he believes that the country may able to surpass Singapore as a gambling...
- 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...
Okada Manila eyes Philippine backdoor listing
May 2, 2017