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Daily Asia Gaming eBrief: Bloomberry Resorts unveils $1B IR Solaire Resort North

Good Morning. Bloomberry Resorts Corporation inaugurated its new luxury development, the Solaire Resort North, in Quezon City on May 25. Bloomberry Resorts Chairman Enrique Razon Jr. expressed the aim to enhance entertainment experiences and boost economic activity in Quezon City by attracting tourists and residents, while PAGCOR Chairman and CEO Alejandro H. Tengco highlighted the $1 billion integrated resort and casino significance for the Philippine gaming and tourism industries. Meanwhile, South Korean IR operator Shin Hwa World Ltd announced a major capital reorganization, which includes consolidating shares and reducing share capital to offset accumulated losses.

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PHILIPPINES

Bloomberry opens $1 billion Solaire Resort North

On May 25, Bloomberry Resorts Corporation officially opened Solaire Resort North, a $1 billion luxury integrated resort in Quezon City. The 38-floor, five-star property, the first of its kind in northern Metro Manila, features four gaming levels across 13,000 square meters. Bloomberry Chairman Enrique Razon Jr. emphasized the resort’s role in boosting local economic activity and catering to the growing tourism demand. 


Corporate Spotlight

What are the main compliance trends in the iGaming industry

More countries are legalizing and/or strengthening control over the iGaming industry. Despite the AML vulnerabilities of the sector being presented by FATF back in 2008, not all member countries have implemented corresponding standards in local legislation yet. Sumsub a full-cycle verification platform provides insights into the main compliance trends in the iGaming space.

A complete guide to the 1xBet affiliate program

A complete guide to the 1xBet, affiliate program

1xBet, a leading global betting company, introduced its affiliate program in 2016, quickly becoming renowned within the industry and earning recognition at the SBC Awards.


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AGBrief Editorialhttps://agbrief.com/about-asia-gaming-brief/
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

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