bloomberry - updates

Rappler's latest stories on bloomberry


OFW hospital to open in Pampanga

May 01, 2019 - 9:48 PM

The facility, in the city of San Fernando, is targeted for completion by 2020

FIRST OFW HOSPITAL. House Speaker Gloria Macapagal-Arroyo and Pampanga Governor Lilia Pineda lead the groundbreaking ceremony of the first overseas Filipino workers hospital in San Fernando City. Photo from Pampanga PIO

PSEi reshuffle: Bloomberry in, Petron out

Feb 08, 2019 - 3:53 PM

PSE president and CEO Ramon Monzon says the changes reflect the 'dynamic changes in the company performance vis-à-vis the standards set by the exchange'

CA junks casino firm's appeal over Bloomberry stocks

Nov 25, 2018 - 8:12 PM

The Court of Appeals affirms a Makati City Regional Trial Court order restraining Global Gaming Philippines from selling stocks in Bloomberry Resorts Corporation

APPELLATE COURT. The facade of the Court of Appeals building. File photo from CA website

Razon sells 350 million shares in Solaire operator

Sep 12, 2017 - 1:51 PM

The chief of the casino operator says increased liquidity in the stock will be beneficial for investors and the company

CONFIDENT. 'I am very confident of the prospects for Bloomberry,' billionaire businessman Enrique Razon Jr. Photo courtesy of Forbes

All-time high gaming boosts Bloomberry's income 24-fold

Aug 11, 2017 - 12:10 PM

Solaire s consolidated gross gaming revenue GGR rises by 14 to P12 22 billion in the 2nd quarter of 2017 – the highest since it opened in March 2013

Solaire reports booking cancellations after Resorts World attack

Jun 08, 2017 - 6:29 PM

It should normalize soon now that it s clear it is a robbery not a terrorist attack says Bloomberry Resorts Corporation chairman and CEO Enrique Razon Jr

BOOKING CANCELLATIONS. Enrique Razon Jr of Solaire says the incident puts the industry in an 'extremely sensitive' situation as casinos are in hospitality business. Photo by Chrisee Dela Paz/Rappler

Bloomberry's 2nd hotel, casino eyed for development in 2018

Apr 20, 2017 - 8:46 PM

The Razon led company had hoped to start developing its 1 56 hectare property within Vertis North in Quezon City this year but informal settlers are still occupying it

ANOTHER CASINO. The owner, operator of Solaire wants to build another hotel and casino in Quezon City in 2018. Rappler file photo

Solaire operator swings back to profitability in 2016

Mar 23, 2017 - 10:20 PM

Bloomberry Resorts Corporation registers its highest gross gaming revenue in a year since opening in 2013

GOOD YEAR. The owner of Solaire Resort & Casino swings back to profitability, driven by record revenues from gaming and non-gaming businesses. Rappler file photo

Duterte hosts intimate dinner for top businessmen

Jan 18, 2017 - 4:40 PM

The 3 hour dinner is organized by former president and now Deputy Speaker Gloria Macapagal Arroyo and Presidential Consultant for Entrepreneurship Joey Concepcion

DINNER WITH BUSINESSMEN. President Rodrigo Duterte hosts a dinner for the country's top businessmen on January 17, 2017. Photo by Rey Baniquet/Presidential Photo

Bloomberry's Jeju casino sale collapses

Dec 09, 2016 - 5:17 PM

We had a sale already done but it fell through Enrique Razon Jr says

File image of Incheon from Wikipedia

Bloomberry reports turnaround profit on gaming, non-gaming units

Nov 15, 2016 - 3:55 PM

The 3rd quarter of 2016 produces the best ever quarterly VIP volume mass table drop and EGM coin in for Solaire thus far

GOOD YEAR. The owner of Solaire Resort & Casino reports a turnaround profit, driven by record revenues from gaming and non-gaming businesses. File photo by Aya Lowe/Rappler

Former partner of Bloomberry can claim 8.7% stake in Solaire

Sep 29, 2016 - 8:00 PM

The dispute stems from Bloomberry s move to terminate its 5 year management agreement with Las Vegas based company Global Gaming Philippines LLC

DISPUTE. Bloomberry chief Enrique Razon Jr (L) had terminated management agreement with Bill Weidner's (R) Global Gaming for 'material breach.' Photo of Razon by Franz Lopez/Rappler. Photo of Weidner by Ethan Miller/Getty Images

Security Bank to rejoin PSE

Aug 24, 2016 - 6:45 PM

The local bourse announces that Security Bank will replace Bloomberry Resorts Corporation which will be removed from the main index on September 12

REPLACEMENT. Security Bank will replace Bloomberry Resorts Corporation, which is set to be removed from the main index in September

Solaire operator returns to profit on strong gaming segments

Aug 11, 2016 - 5:40 PM

Bloomberry Resorts Corporation posts a P1 33 billion net income in the second quarter of the year a complete reversal from its P787 million net loss in the same period a year ago

BACK TO BLACK. Bloomberry posts its best ever quarterly mass table drop and electronic gaming machines (EGM) coin-in for Solaire and coupled with a high VIP volume. Photo by Aya Lowe/Rappler

Bloomberry to sell Jeju casino property

Jun 23, 2016 - 8:00 PM

The purchase price is 102 29 million

File image of Incheon from Wikipedia

Razon plans to build hotel, casino in Quezon City

Apr 25, 2016 - 6:35 PM

The chief of Bloomberry Resorts Corporation says it will be similar to Solaire

2ND CASINO. Enrique Razon Jr says he plans turn the Quezon City land into a mixed-use development similar to Solaire

Razon bets on better PH gaming climate in 2016

Nov 04, 2015 - 10:10 AM

Casino operator Bloomberry Resorts Corporation narrows losses in the third quarter of 2015 on the back of improving Philippine operations

PH IS NOT MACAU. 'Our high rollers in the past two years did not come from China. They come mainly from Southeast Asia. They are still around…that will still continue,' Enrique Razon of Bloomberry says. Photo by Franz Lopez/Rappler

Philippine firms on billion-dollar global shopping spree

Oct 12, 2015 - 12:04 AM

Local firms are leveraging earnings from a robust economy to buy foreign firms at cheap prices in multiple sectors including telecommunications power fast food and oil

Bloomberry group to build mixed use dev’t in Vertis North

Oct 11, 2015 - 11:25 PM

Hotel and resort arm of Bloomberry Resorts Corporation purchases 15 676 square meter land in Vertis North

Solaire resort casino operator posts loss after betting on boom

Aug 13, 2015 - 8:21 PM

Bloomberry Resorts says costs soar from the expansion of its Manila operation and pioneering investments in South Korea

RED. Bloomberry, operator of Manila's Solaire casino, swings into the red with an after-tax net loss of P786.55 millio ($17.02 million) in the April to June period. Image from Solaire's website

Travellers net income up P1.7B; Bloomberry has P533M loss

May 18, 2015 - 12:56 AM

Both casino operators are attempting to rein in operating expenses due to expansions

PH casino operator eyes South Korea expansion

Apr 16, 2015 - 9:00 PM

Bloomberry also plans to invest more than 1B which development of the tourism community starts by 2017

Record gaming revenues fuel Bloomberry turnaround

Mar 19, 2015 - 5:24 PM

The firm posts a P1 55 billion profit for the end of 2014 a turnaround from P2 489 billion in losses at the start of the year

MORE ROOMS. Solaire casino and resort is expanding to cater to a fast-growing gaming client base. File photo by Aya Lowe/Rappler

PH casino operator Bloomberry buys South Korean island

Mar 17, 2015 - 3:28 PM

As part of its maiden overseas expansion bid Bloomberry is also acquiring 92 of a casino operator in the popular Asian country

PH casino operator Bloomberry to expand in South Korea

Jan 27, 2015 - 2:20 PM

Razon led Bloomberry is set to build a leisure and tourism complex in South Korea s Incheon Free Economic Zone

 Icheon image from Wikipedia

Solaire hits triple jackpot with gross revenue of P14.16B

Aug 01, 2014 - 7:55 PM

Gaming remains the company’s biggest revenue generator at 95 5

Bloomberry wants income tax exemption in PAGCOR ops

Jun 08, 2014 - 11:57 AM

Solaire Resort Casino s operator argues that its tax exempt status in gaming operations is what attracts investors enabling the local industry to compete with foreign markets

Bloomberry Resorts details plan for Solaire's expansion

Jun 05, 2014 - 6:21 PM

Second phase of the Solaire expansion include additional 3 hotels retail space plus gaming tables and machines

MORE ROOMS. Solaire casino and resort is expanding to cater to a fast-growing gaming client base. File photo by Aya Lowe/Rappler

Ayala Land to operate mall at Solaire

May 13, 2014 - 3:40 PM

Bloomberry says Ayala Land will be leasing and marketing 5 000 square meters of the gross leasable area opening under Phase 1 A of the Solaire expansion project

SOLAIRE. File photo by Aya Lowe/Rappler

Bloomberry Resorts hits early jackpot with P1.46-billion profit in Q1

Apr 28, 2014 - 8:19 PM

This is a turnaround from the P1 056 billion loss in the same period last year at the time its casino Solaire was throwing its doors open to the public

PROFITS. Enrique Razon's Bloomberry Resorts Corp., operator of Solaire Resorts and Casino, reported a net profit of P1.461 billion in the first quarter of 2014. File photo by Aya Lowe/Rappler

Razon group to enter Japan casino market once legalized

Feb 18, 2014 - 8:07 PM

Bloomberry Resorts owner of Solaire casino in Manila eyes to put up a venture in Japan once gambling is legalized in said country

MORE ROOMS. Solaire casino and resort is expanding to cater to a fast-growing gaming client base. File photo by Aya Lowe/Rappler

Razon group raises P11B for Solaire casino expansion

Feb 10, 2014 - 11:04 AM

Razon s Bloomberry is expanding the hotel and entertainment building of Solaire

MORE ROOMS. Solaire casino and resort is expanding to cater to a fast-growing gaming client base. File photo by Aya Lowe/Rappler

PLDT, Razon group to lead Tacloban rehab

Jan 24, 2014 - 6:23 PM

The government promises them business potential in areas rehabilitated after Super Typhoon Yolanda Haiyan

Makati court bars sale of Bloomberry shares

Jan 20, 2014 - 4:14 PM

Bloomberry wins a court order preventing the former manager of its Solaire casino from selling shares in the company

GOODBYE. Solaire casino and resort in Manila fires its management services firm over alleged breach of contract. File photo by Aya Lowe/Rappler

Solaire fires management services firm, COO

Sep 13, 2013 - 9:32 AM

UPDATED Razon led Bloomberry says its Global Gaming Philippines services are terminated due to material breach of their agreement

GOODBYE, MANAGEMENT. The operator of Solaire casino and resort in Manila fires its management services firm. File photo by Aya Lowe/Rappler

Razon's Bloomberry posts P23-M profit in Q2

Jul 31, 2013 - 11:24 AM

The company says its casino Solaire in Pagcor s Entertainment City generated profit after only a few months

Tensions with Taiwan affect Solaire revenues

Jun 25, 2013 - 4:25 PM

Solaire casino loses out on VIP revenues due to diplomatic tensions between the Philippines and Taiwan

DIPLOMATIC DETERRENT. Will diplomatic tensions between the Philippines and Taiwan and China impact future gaming revenues? Photo by Rappler/Aya Lowe

Pagcor tax issue to be resolved soon - Razon

Jun 24, 2013 - 6:15 PM

Razon says discussions with the tax bureau over its move to slap Pagcor and licensees with income tax is ongoing

TAX RESOLUTION. Bloomberry's chair Enrique Razon says they are optimistic the tax issue involving Pagcor and the tax bureau will be resolved soon. Photo by Aya Lowe/Rappler

Bloomberry posts over P1-B net loss in Q1

May 16, 2013 - 12:22 PM

The company incurs higher expenses during the quarter

Solaire's extravagant plans for $1-M launch

Mar 15, 2013 - 10:51 PM

From flying in ingredients fresh from Italy to following steps for good feng shui Enrique Razon led Bloomberry Resorts Corporation is pulling out all the stops at the opening of its new hotel casino development

NEW CASINO. Solaire Manila opens in the Entertainment City on March 16. Photo by Aya Lowe

Solaire casino banks on high rollers

Mar 14, 2013 - 11:51 AM

High rollers or those who spend as much as P50 million per visit are the main target of Solaire the first casino hotel to open at Entertainment City

SPECIAL TREATMENT. Casino high rollers get special treatment at Solaire Manila, which opens March 16. Photo by Aya Lowe

Jobs, tourists at Solaire casino complex

Mar 13, 2013 - 6:40 PM

The project opens to the public on March 16

GRAND OPENING. The new casino complex Solaire in Manila will generate jobs for Filipinos and bring in tourists from other countries. Photo by Aya Lowe

Razon group gets P14-B loan to expand casino

Mar 12, 2013 - 4:08 PM

The group s Solaire Manila casino complex in the Entertainment City opens on March 16

AFP Photo

11 Filipinos among world billionaires

Mar 04, 2013 - 10:38 PM

Eleven Filipino billionaires make it to the Forbes 2013 list of world billionaires

New PSEi: Razon-led Bloomberry in, Sy-led SMDC out

Feb 28, 2013 - 12:10 PM

The casino arm of the Philippine s 3rd richest man will replace the property unit of the country s richest in PSE main index

Razon-led Bloomberry casino opens in March

Feb 06, 2013 - 1:34 PM

The 1 2 billion Solaire Manila Resorts is the first casino to open in Pagcor s tourism and leisure estate Entertainment City

AFP Photo

Las Vegas-based casino operator to up stake in Bloomberry

Oct 22, 2012 - 12:58 PM

Las Vegas based Global Gaming Asset Management GGAM may increase its stake and become the second biggest shareholder in Razon led Bloomberry Resorts Inc

Screenshot of a page on

'PH to capture 10% of Macau gaming market by 2016'

Apr 24, 2012 - 1:05 PM

Manila might not beat out Macau for revenues but it will get a piece of the pie in Asia s lucrative gaming market

Okada, other Pagcor City investors to pay for NAIA Expressway

Mar 21, 2012 - 11:50 PM

Controversial Japanese billionaire Kazuo Okada will be among the private investors financing the expressway leading to Pagcor City

NAIA EXPRESSWAY. The highway project is among the government's first large-scale public-private partnership projects.

Razon-led firm ups capital for casino venture

Feb 29, 2012 - 9:49 PM

Holding firm Active Alliance Inc hiked its capital stock stock sparking talk of a backdoor listing of the Razon hotel and casino development