Tuesday, May 14, 2024

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Singapore court denies the Bloomberry Resorts appeal in GGAM case

Singapore’s Court of Appeal has denied an appeal filed by Bloomberry Resorts Corporation which petitioned to set aside an arbitration award in favor of former management company Global Gaming Philippines LLC (GGAM). 

Bloomberry Resorts well prepared for opening of Solaire North in late May 

The Philippines' land-based casino leader, Bloomberry Resorts Corp, says that it is well-prepared for its second integrated resort project - Solaire Resort North, set to open in late May.

Bloomberry Resorts’ nine-month profit doubles to $148 million 

Bloomberry Resorts Corp. has reported robust results in the first three quarters of the year, as its net income surged 106 percent from PHP4 billion ($71 million) to PHP8.3 billion ($148 million).

Bloomberry Resorts founder donates $17.55 million for medical center in Clark

The founder of Bloomberry Resorts, billionaire Enrique Razon, is donating some PHP1 billion ($17.55 million) for the construction of a multi-specialty medical center in Clark.

Bloomberry Resorts increases public ownership percentage

Philippine gaming operator Bloomberry Resorts has increased the percentage of its public ownership from 33.9 percent to 37 percent, the group indicated in a recent dispatch.

Bloomberry Resorts’ earnings forecasts raised by 23 percent this year after 1H strength: Maybank

Maybank has announced a 23 percent increase in its FY23 earnings forecasts for the Philippines gaming operator, Bloomberry Resorts.

Bloomberry, Newport World, and PH Resorts bosses among Forbes Philippines’ 50 Richest

Enrique Razon Jr., the owner of Bloomberry Resorts, Andrew Tan, the head of Newport World Resorts, and the founder of PH Resorts Group, Dennis Uy, are all ranked among the top 50 wealthiest in the Philippines, according to Forbes' 'Philippines 50 Richest 2023' list.

Bloomberry Resorts recovery faster-than-expected: MS

Bloomberry Resorts’ post-pandemic recovery has been faster-than-expected, according to analysts at Morgan Stanley, who have raised their EBITDA estimates for the year.

Bloomberry agrees to buy into PH Resorts’ Cebu/Clark resorts

Bloomberry Resorts said it has agreed to invest in PH Travel & Leisure’s properties on Cebu Island and in the Clark Freeport Zone.

Bloomberry Resorts amends share incentive plan to exclude non-exec. directors

Bloomberry Resorts said its board has approved a share incentive plan for employees that has been amended to exclude non-executive directors.