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 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.

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.

The Philippines' leading gaming operator, Bloomberry Resorts Corp., has announced plans to unveil its Solaire Resort North casino complex by May 25th.

The Philippines offers an exciting landscape, as operators thrive amongst a solid regulatory framework. Lorraine Koo, Corporate Chief Operating Officer for Dowinn Group explains how the company is expanding its roots beyond a junket base into IRs, the shifting focus on clientele – from Chinese to Korean, and the company’s evolving role.

Bloomberry’s casino project, Solaire North, in Quezon City is set to open late in May of this year, updates the group’s CEO and Chairman, which is about a two-month pushback from the previously scheduled opening in March of this year.

Philippine gaming operator Bloomberry Resorts has reported consolidated net income of PHP9.5 billion ($170 million) for 2023, an 85 percent increase from PHP5.1 billion ($91 million) in 2022.

Maybank analyst cuts Bloomberry Resorts FY24 forecast due to a gaming revenue slowdown, in particular in VIP.

DigiPlus Interactive Corp, a Philippine retail gaming provider, has claimed the top spot on the Philippine Stock Exchange (PSE), outperforming nearly 300 listed companies in terms of stock price growth. Other PSE-listed gaming operators also recorded positive results in their stock prices last year.

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).