Tuesday, October 8, 2024
HomeNewsPhilippinesBloomberry clarifies third casino in Cavite, five to 10 years

Bloomberry clarifies third casino in Cavite, five to 10 years

Solaire Resort operator Bloomberry Resorts Corp has announced plans to open its third Solaire-branded integrated resort in Cavite, located south of Metro Manila, within the next five to ten years.

The company clarified in a filing on Wednesday, following local media reports that suggested the new casino could open by 2028.

In the filing, Bloomberry confirmed it is in the process of completing the land acquisition in Paniman, Ternate, Cavite, and is developing the master plan for the project.

While the timeline has not been finalized, Bloomberry stated that the Paniman development is a project the company is eager to develop and aims to open within the next five to ten years.

The Cavite integrated resort, named Solaire Puerto Azul, will be the company’s third casino, following its successful developments in Parañaque and the recently opened $1 billion Solaire Resort North in Quezon City.

Viviana Chan
Viviana Chanhttps://agbrief.com/
Viviana Chan is an editor, interpreter, and journalist. With over a decade of experience, she writes in English, Chinese, and Portuguese. Viviana started her career in Macau-based newspapers, where she became passionate about the region's social, financial, and cultural development. Her writing focuses on the economy, emerging industries, gaming development, political affairs, and cross cultural-exchange in the business and cultural domains. She is avid for news and eager to discover and cover stories that generate public relevance.

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