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The richest man changes! Gambling tycoon Enrique Razon Jr. surpasses real estate magnate to become the wealthiest person in the Philippines.

The richest man changes! Gambling tycoon Enrique Razon Jr. surpasses real estate magnate to become the wealthiest person in the Philippines.

The Philippines' wealthy landscape has undergone significant changes. Gaming and infrastructure tycoon Enrique "Ricky" Razon Jr. has ascended to the throne of the richest man in the Philippines with a net worth of approximately $11.9 billion, successfully replacing real estate developer Manny Villar

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Bloomberry Resorts announces cash dividend

Bloomberry Resorts announces cash dividend

The company also announced plans for a new online platform to expand its presence in electronic gaming.The Philippines.- Casino operatorBloomberry Resorts has announceda special cash dividend of PHP0.0847 (US$0.0014) per share. The dividend will be payable on April 3 to shareholders registered as of

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Bloomberry Resorts expects a 6% increase in GGR in 2024, but profits will decline.

Bloomberry Resorts expects a 6% increase in GGR in 2024, but profits will decline.

Bloomberry Resorts reports that the total gaming revenue for 2024 is 61.7 billion Philippine pesos ($1.08 billion), a 6% increase year-over-year.According to reports, this growth is primarily due to the operation of Solaire Resort North for 221 days, contributing 8.4 billion Philippine pesos to the

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Greg Hawkins named acting COO of BLOOM unit

Greg Hawkins named acting COO of BLOOM unit

Philippines-listed Bloomberry Resorts Corp (BLOOM) announced on Friday the appointment of Greg Hawkins (pictured) as acting chief operating officer (COO) of Bloomberry Resorts and Hotels Inc, the group’s operating unit. He was appointed to the role following the retirement of Thomas Arasi.Bloomberry

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Morgan Stanley: Online gambling is now the largest contributor to gambling tax revenue in the Philippines.

Morgan Stanley: Online gambling is now the largest contributor to gambling tax revenue in the Philippines.

According to data from investment bank Morgan Stanley, the Philippines' growing domestic online gambling industry has become the country's largest contributor to gambling tax revenue, with the regulatory body PAGCOR collecting 28 billion Philippine pesos (approximately $490 million) in taxes from th

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Thomas Arasi retires as president, COO of Bloomberry

Thomas Arasi retires as president, COO of Bloomberry

Philippines-listed Bloomberry Resorts Corp has announced that Thomas Arasi (pictured) stepped down on Tuesday as president, chief operating officer (COO), and a member of the company’s board.Mr Arasi, 63, is also retiring from his positions in the group’s unit Bloomberry Resorts and Hotels Inc and “

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Bloomberry Resorts warns of fraudulent ads

Bloomberry Resorts warns of fraudulent ads

Bloomberry Resorts has issued a warning about fake online ads misusing Enrique K. Razon Jr.’s name and image.The Philippines.- Bloomberry Resorts has issued a press release warning people that unauthorised online ads are circulating on social media platforms using the name and image of Bloomberry an

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K-pop star Psy now Solaire Resort brand ambassador

K-pop star Psy now Solaire Resort brand ambassador

Philippines-listed Bloomberry Resorts Corp has announced South Korean rapper Psy (pictured, left) as the brand ambassador for the group’s two casino resorts in the country.The company runs Solaire Resort & Casino in the Philippine capital Manila, and in May opened Solaire Resort North, agaming c

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GiG Partners with Bloomberry Resorts to Enter the Asian Market

GiG Partners with Bloomberry Resorts to Enter the Asian Market

Gaming Innovation Group (GiG) has entered the Asian market for the first time following an agreement with Bloomberry Resorts. This deal will involve Bloomberry's flagship brand Solaire Resorts, which will be able to utilize various tools and functionalities of GiG. Bloomberry owns and operates Solai

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Bloomberry confirms land for new casino project in Cavite

Bloomberry confirms land for new casino project in Cavite

Philippines-based casino operator Bloomberry Resorts Corp has confirmed that it is in the final stages of acquiring a plot of land for a new casino resort project in Paniman, a coastal community in Cavite, about 66 kilometres (41 miles) southwest of Metro Manila.“Bloomberry is in the process of comp

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Bloomberry unit buys 1.94mln shares as patron rewards

Bloomberry unit buys 1.94mln shares as patron rewards

Philippines-listed casino operator Bloomberry Resorts Corp says the board of directors of its subsidiary Bloomberry Resorts & Hotels Inc spent just under PHP14.9 million (US$263,631) in Monday market transactions, as part of an initiative to give stock in its parent company to “loyal patrons”.Bl

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