Casino
October 27, 2025
Bloomberry Announces Planned Spin-Off and Sale of Jeju Sun Casino
Bloomberry Resorts Corporation has confirmed plans to spin off and sell its Korean casino, Jeju Sun, to a local firm. Its indirect South Korean subsidiary, Golden & Luxury Co., Ltd, which is partially owned by another Bloomberry subsidiary, Solaire Korea, signed a Share Purchase Agreement to transfer the casino business to a separate new company, […]
Business
April 25, 2025
Bloomberry to Double Down on iGaming in the Wake of Mixed 2024
Bloomberry Resorts, a Philippine casino operator, has unveiled plans for iGaming growth via a new digital platform. Outlined in the company’s annual report and confirmed during the recent shareholders’ meeting, these plans will see the company capitalize on the rapid growth of online casino gaming in the country. Bloomberry Focuses on Online Casino Gaming […]
Industry
May 22, 2024
Quezon City Mayor Prohibits Govt Workers from Solaire North Casino
Solaire Resort North is a new integrated resort that is expected to offer world-class gaming, entertainment and hospitality. The resort, located in Quezon City, Philippines is expected to open for visitors on Saturday, May 25, 2024. Ahead of the opening of Solaire Resort North casino the city’s mayor confirmed that all city hall employees and […]
Legal
March 21, 2024
Bloomberry Ends Hostilities with GGAM via $300M Settlement
Bloomberry Resorts Group, one of the Philippines’ gambling leaders, has at last settled its conflict with Global Gaming Asset Management (GGAM), agreeing to buy its GGAM-owned shares back in a $300 million deal. This would effectively mark the end of a lengthy court battle. The issue stems from Bloomberry’s decision to cancel its contract with […]
Business
March 4, 2024
Solaire Resort’s FY23 GGR Hits 97% of Pre-Pandemic Levels
Bloomberry Resorts Corporation, which owns and operates Solaire Resort Entertainment City, has reported consolidated net revenue of Php11.9 billion ($212 million) in Q42023 for the Manila-based integrated destination resort that spreads across an 8.3-hectare site. The figure, which marks a 3% year-on-year rise compared to 2022’s fourth quarter, was partially generated with the help of […]
Business
February 29, 2024
Bloomberry Resorts Reportedly Explores Jeju Casino Sale Options
Bloomberry Resorts Corp, the leading integrated resorts operator in the Philippines, may be looking to offload its South Korean casino asset, Jeju Sun, a new report suggests. The potential divestment comes less than a decade after the company attempted to sell its resort back in 2016. At the time, the sale of Jeju Casino did […]
Casino
March 22, 2023
Razon’s Bloomberry Resorts Withdraws Investment in Uy’s PH Resorts
Bloomberry Resorts Corp., the operator of Solaire Resort & Casino in Manila, announced in a filing to the Securities and Exchange Commission (SEC) of the Philippines that its investment pre-agreement with PH Travel and Leisure Corp was terminated. Term Sheet Termination The filing with the SEC confirmed the news that the board of billionaire Enrique […]
Casino
August 8, 2022
Bloomberry Resorts Posts Strong Q2, First Half 2022 Results
The resort developer and operator, Bloomberry Resorts, released its unaudited financial results for the six months and three months ended June 30, 2022. Bloomberry Resorts Enjoys Strong First Half, Q2, 2022 The company reported a strong first half of 2022 with double-digit growth. This result was further complemented by triple-digit growth in gross gaming revenue […]
Casino
May 31, 2022
Bloomberry Resorts Is on Its Way to Recovery after the Pandemic
Analysts at investment bank Morgan Stanley recently raised the earnings estimates of Bloomberry Resorts after the Philippines-based operator performed better than expected following Q1 of this year. Bloomberry is now projected to reach 71% of its 2019 EBITDA by the end of the fourth quarter, totaling PHP14 billion ($267.6 million). Bloomberry Is Steadily Returning to […]
Casino
May 20, 2022
Bloomberry Prepares New Casino Resort in the Philippines
Bloomberry Resorts Corporation, the parent company behind Solaire Resort and Casino in Manila, the Philippines, has revealed that it will pursue a third property in the country. A new integrated resort is now being planned for the region south of Manila, in Cavite, which should enable the company to capitalize on the return of tourists […]
