Bloomberry Resorts Corp. reported a 95-percent plunge in consolidated net income for the first nine months of the year on the back of ballooning losses in the third quarter as the international high-roller market remains weak while expenses increased for its new online gaming business. In a...
Ports, gaming, and infrastructure magnate Enrique K. Razon Jr. has found a buyer for his casino in South Korea, Jeju Sun Hotel & Casino, which is owned through an indirect subsidiary of Bloomberry Resorts Corp. In a disclosure to the Philippine Stock Exchange (PSE), Bloomberry said its South...
Billionaire Enrique K. Razon Jr. is not in a hurry to fully launch his online galing app MegaFUNalo! and has moved the official launch date to the last quarter of 2025 or the first quarter next year amid uncertainties in the regulatory environment. Unicapital Securities Research Analyst Jeri R....
Razon-led Bloomberry Resorts Corp. reported a 52 percent fall in net income to ₱1.9 billion in the first half of 2025 from ₱4.0 billion in the same period last year due to weaker earnings from Solaire Entertainment City (SEC) as well as operating expenses of its new online gaming platform. In a...
The Philippine Stock Exchange (PSE) has finally announced its much-awaited index recomposition where DigiPlus Interactive Corp. will replace Bloomberry Resorts Corp. in the benchmark PSEi’s basket of 30 stocks starting Aug. 18, 2025. The announcement puts an end to speculation on whether DigiPlus...
Real estate magnate Manuel B. Villar Jr. ranks as the only Filipino in the top 100 of Bloomberg’s Billionaire’s Index, a list of the world’s 500 richest based on their total net worth. Villar placed 99th in the list with a net worth of $23.1 billion, $617 million or 2.7 percent more than a...
A total of 40 Filipino companies were included in the second annual Fortune Southeast Asia 500 list, which ranked the region’s top corporations based on their 2024 revenues. Topping the list of Philippine firms are the largest conglomerates, banks, and utilities, with San Miguel Corporation...
Bloomberry Resorts Corp., billionaire Enrique K. Razon Jr.’s leisure and gaming business, has soft-launched its new online gaming platform MegaFUNalo, featuring free Viva movies as an added bonus to players. The firm took out full-page ads in major newspapers to announce the soft launch and its...
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...
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...
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...
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...
