Tag Archives: Baie fleurie
Philippines – Bloomberry well placed to survive despite Solaire being shut until May
Bloomberry Resorts, owner of Solaire, one of the four resort casinos in Manila’s Entertainment City, has said 2020 will be a write-off due to the global COVID-19 pandemic with it not expecting consumer sending to recover quickly. Solaire shut its doors from March 15 and will stay shut until April 30 with Chairman and CEO…
Philippines – Solaire reports best ever EBIDTA as GGR soars by 46 per cent
Bloomberry Resorts, owner of the Solaire Resort and Casino, has said that the Manila casino produced its best ever EBIDTA with Gross Gaming Revenue up a huge 46 per cent. GGR at Solaire was P17.111bn, 46 per cent higher than the P11.711bn recorded in the third quarter of 2018. Growth was driven by higher hold…
Philippines – Bloomberry says it was a ‘victim’ in Bank of Bangladeshi online heist
Officials from Bloomberry Resorts, the owners of Soliare Casino in the Philippines, will appear in court, along with another 15 Philippine companies, after in the US due to links to the online theft of $81m from Bangladesh’s central bank in February 2016. Bloomberry said though it was a ‘victim’ in the case and blamed the…
Philippines – Bloomberry obtient un prêt pour construire Solaire Quezon City
The Philippines-based Bloomberry has had a ten year loan approved for $767m to pay for the build of its Solaire-branded casino resort in Quezon City. The loan has been granted to two subsidiaries of Bloomberry: Sureste Properties Inc. and Bloomberry Resorts and Hotels. It will fund the ‘design, construction, and development of an integrated hotel…
Philippines – Solaire sets new records for Blomberry
Bloomberry, the Philippine group behind the Solaire casino resort in Manila Bay’s Entertainment City has reported all-time highs with the property’s VIP volumes growing 11 per cent while mass table drop and electronic gaming machine (EGM) coin-in grew 21 per cent and 29 per cent over 2017. Gross gaming revenues grew 17 per cent to…
Philippines – Les rivaux de Manille évoluent dans des directions différentes après un incendie criminel
Les éléments locaux derrière deux des principaux casinos de Manille ont vu leurs bénéfices du troisième trimestre évoluer dans des directions différentes : Bloomberry Resorts, le groupe derrière le casino Solaire d'Entertainment City, a enregistré le deuxième meilleur trimestre de son histoire, tandis que Travelers, la société philippine derrière Resorts World. Manille, souffrant d'une baisse de 42 pour cent de ses revenus suite à la…
Chypre – Melco International reste soumissionnaire autonome à Chypre
Macau-based operator Melco International is now the only operator left in the race for the Cypriot casino concession following a decision by Cambodia operator NagaCorp to pull out of the bidding process. NagaCorp, the operator of Phnom Penh’s NagaWorld casino, said in a filing to the Hong Kong Stock Exchange: “After careful review and given…
Chypre – Bloomberry se retire de l’appel d’offres à Chypre
Bloomberry Resorts, who operates Solaire in the Philippines, has officially withdrawn from the tender process for a casino licence in Cyprus. Bloomberry’s Director of investor relations Leo Venezuela confirmed the news without offering any reasons although it is believed to be the difficulty in securing reasonably priced land. The news leaves Cambodia operator NagaCorp and…
Cyprus – Cypriot submissions given three month extension
The Legal and the Audit Services in Cyprus have approved a three month extension to finalise casino blueprints following a request from two of the three companies in the second round. The extension will not affect the date that the government is planning to announce its winner though. The three bidders will need to submit…
