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...
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...
Global port operator International Container Terminal Services Inc. (ICTSI) continues its growth momentum in the first half of the year, with its net income growing by 15 percent to $483.84 million despite global trade uncertainties. In a disclosure to the Philippine Stock Exchange, ICTSI said its...
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...
Port operator International Container Terminal Services Inc. (ICTSI) saw record-high earnings of $239.54 million in the first quarter of the year, driven by strong growth in its international portfolio, which remains relatively unaffected by recent trade upheavals caused by tariffs imposed by the...
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...
The brown taipan, Manuel B. Villar Jr., who recently disclosed that one of his real estate companies earned ₱1 trillion, is back as the Philippines’ richest man, after being briefly replaced by port and gaming magnate Enrique K. Razon Jr., as ranked by Forbes Magazine. There are 15 Filipinos in...
San Miguel Corporation (SMC) Chairman and CEO Ramon S. Ang (left), and International Container Terminal Services, Inc. (ICTSI) Chairman Enrique K. Razon Jr. (right) Top Philippine business leaders have warned the public about a surge in sophisticated online investment scams that falsely use...
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...
