Daily Asia Gaming eBrief: Bloomberry’s Solaire Resort North to open on May 25th

Monday 22nd of April 2024

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Good Morning. It shall happen in 2025. Bloomberry Resorts Corp. is set to unveil its highly anticipated Solaire Resort North casino complex in Quezon City by May 25th, with the group’s chairman, Enrique Razon, outlining a gradual ramp-up plan for the $1 billion project. Razon expects the IR will reach full operational capacity within two years, emphasizing a commitment to ensuring top-notch quality across all aspects of the property. Meanwhile, Las Vegas Sands CEO Rob Goldstein has once again affirmed the company's interest in Thailand, considering that a casino opening in the Southeast Asian country could happen quicker than in Japan.

What you need to know

Bloomberry is set to unveil its Solaire Resort North by May 25th, with the group’s chairman believing it will take two years to fully ramp up.
Las Vegas Sands CEO Rob Goldstein reaffirmed the company's keen interest in Thailand, citing a quicker casino launch and market opportunities.

On the radar

LET Group targets profit conversion after $31.2M loan repayment.
Shin Hwa World to raise $39.6M via rights issue.
Aristocrat finalizes all regulatory approvals for NeoGames acquisition.
The Star Gold Coast CEO tenders resignation.

AGB Intelligence

PHILIPPINES

Bloomberry preparing Solaire Resort North opening by May 25th

Bloomberry Resorts Corp. is set to launch its $1 billion Solaire Resort North casino complex in Quezon City by May 25th. Chairman Enrique Razon outlined a gradual ramp-up period, expecting full operational capacity within two years, and emphasized that the IR would expand their five-star gaming leisure brand to a wider market, enhancing the competitiveness of the Philippine gaming industry. With their trio of offerings including Solaire in Entertainment City, Solaire Resort North, and Solaire Online, Razon believes Bloomberry is well-positioned to capitalize on the growing demand for gaming entertainment in the Philippines and the Asia-Pacific region.

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