The advertising industry will be the clear winner when more casino operators try to jump on the online gaming bandwagon since these new players will have to spend billions of pesos monthly just to get a foot into the market and take some market share away from the first movers. Unicapital...
Newport World Resorts is reshaping what environmental leadership means in the Philippine hospitality industry. Achievement of a Year 3 Silver EarthCheck Certification has placed the premier lifestyle and leisure destination among the region’s most rigorously benchmarked integrated resorts. For...
Dedicated to developing luxury, integrated lifestyle destinations, Hann Philippines Inc. (HPI) is forging ahead with bold development projects in its bid to become the leading integrated resort developer in the country. Hann Casino is the first integrated resort in Clark Freeport Zone. HPI is the...
The tables have turned for billionaire Enrique K. Razon’s integrated gaming resorts owner and operator Bloomberry Resorts Corporation, as gains from Solaire North have put it back on a growth trajectory even before the launch of its new online gaming platform. The firm reported a 26 percent...
Davao tycoon Dennis A. Uy’s PH Resorts Group Holdings Inc. is relying on potential partnerships with EEI Corporation and AppleOne Group of Cebu to pay off debts, including that of its Bohol resort, and buy back land for its Mactan casino project. In a disclosure to the Philippine Stock Exchange,...
Bloomberry Chairman and CEO Enrique K. Razon Jr. Razon-led gaming firm Bloomberry Resorts Corporation is on track to launch its new electronic gaming product in late May or early June this year as it bets on the rapidly growing online gaming business to compensate for revenue losses due to...
Summit Villas Siargao groundbreaking ceremony. Ronald Paulo, SVP, RLC – Construction Management, Mae Millo, Mega Mykon Builders, Annalyn Yap, VP, Robinsons Hotels and Resorts, Barun Jolly, SVP, Robinsons Hotels and Resorts, Haresh Hiranand, president, Hira Holdings, Inc., Seth Hiranand, managing...
The relaunch of Ayala Land Hospitality, the hospitality arm of Ayala Land Inc., is set to transform Philippine travel, one that is marked by immersive and inspiring experiences that are unmistakably Filipino. In the next five years, Ayala Land Hospitality (ALH) will heavily invest in refreshed and...
Amid declining casino revenues, Razon-led Bloomberry Resort Corp., owner and operator of the two Solaire and the Jeju Sun integrated resorts, is rolling its dice in the online gaming table. Sharing its online gaming plan with stock analysts, Bloomberry said it will fully launch its online gaming...
Davao tycoon Dennis A. Uy’s PH Resorts Group Holdings Inc. still owes Bloomberry Resorts Corp. of Enrique K. Razon Jr. ₱301 million from the ₱1-billion deposit made for the cancelled investment in shelved casino projects in Cebu and Clark. In a disclosure to the Philippine Stock Exchange,...
Bloomberry's expansion with Solaire North impacted its 2024 financial results, with increased expenses offsetting revenue gains. Razon-led integrated gaming resorts owner Bloomberry Resorts Corp. reported a 72.6 percent drop in consolidated net income to ₱2.6 billion last year from the...
Melco Resorts & Entertainment Limited reported a strong fourth-quarter 2024 performance by City of Dreams Manila, primarily a result of better performance in the rolling chip and mass market table game segments. “City of Dreams Manila had a strong quarter with a sequential increase in...