Friday, May 17, 2024

Search Results

GGAM sues Bloomberry’s Razon in New York court

A unit of Global Gaming Asset Managers is suing Bloomberry Resorts Chairman Enrique Razon in a New York court, claiming he illegally terminated a management accord for the Solaire Resort & Casino and is hiding assets in the U.S. to avoid payment of an arbitration award. 

Bloomberry’s Razon leading efforts to bring vaccine to the Philippines

Bloomberry Resorts chief Enrique Razon is spearheading efforts to bring Moderna’s coronavirus vaccine to the Philippines, consolidating orders from the wealthy class, business organizations, and other interested parties.

Daily Asia Gaming eBrief: Bloomberry’s Solaire Resort North to open on May 25th

Bloomberry Resorts Corp. is set to launch its $1 billion Solaire Resort North casino complex in Quezon City by May 25th. Chairman Enrique Razon outlined a gradual ramp-up period, expecting full operational capacity within two years.

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, 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.

Solaire focused on domestic market in 2023, Solaire North opening in 1Q24

Domestic players will continue to dominate the gaming business of Bloomberry Resorts’ Solaire Resort in Manila, according to the company’s Chairman and CEO Enrique Razon Jr.

Bloomberry chairman has high hopes for online gaming business

Bloomberry Resorts Corp. chairman Enrique Razon has high hopes for the company’s online gaming business and is expecting revenue to continue to pick up as the company grows the business. 

U.S. court denies Bloomberry appeal to drop GGAM case

A U.S. court has denied an appeal by Bloomberry Resorts, its Sureste Properties unit and its billionaire chairman Enrique Razon Jr to dismiss a case brought against them by Global Gaming Asset Management (GGAM).

Lower VIP and mass table revenue reduce Bloomberry Resorts’ 1Q24 income

Bloomberry Resorts Corporation reported strong performance in its domestic slot machine segment for the first quarter of this year, however, lower VIP and mass table revenues contributed to an 11 percent year-on-year decline in net income to $44.9 million.

Bloomberry completes $290M settlement with former Solaire manager GGAM

Solaire operator Bloomberry Resorts Corp has finally completed its settlement with the resort’s initial manager Global Gaming Asset Management (GGAM) for some PHP16.78 billion ($290.7 million), by buying out the company’s shares.