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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 […]
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 […]
Business
October 6, 2021
Bloomberry Demands Documents That Could Confirm GGAM’s Alleged Frauds
Bloomberry Resorts, the Philippine gambling operator, has requested a federal judge to order a gaming company from the US to show documents that confirmed its alleged frauds. Global Gaming Asset Management (GGAM) has sued Bloomberry after what a Singapore arbitrary panel has labelled a wrongfully terminated contract with the Las Vegas-based company back in 2016. […]
