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Daily Asia Gaming eBrief: Bloomberry Resorts unveils $1B IR Solaire Resort North
Good Morning. Bloomberry Resorts Corporation inaugurated its new luxury development, the Solaire Resort North, in Quezon City on May 25. Bloomberry Resorts Chairman Enrique Razon Jr. expressed the aim to enhance entertainment experiences and boost economic activity in Quezon City by attracting tourists and residents, while PAGCOR Chairman and CEO Alejandro H. Tengco highlighted the $1 billion integrated resort and casino significance for the Philippine gaming and tourism industries. Meanwhile, South Korean IR operator Shin Hwa World Ltd announced a major capital reorganization, which includes consolidating shares and reducing share capital to offset accumulated losses.
What you need to know
- Bloomberry has officially opened its $1 billion luxury development, Solaire Resort North, in Quezon City on May 25.
- South Korean IR operator Shin Hwa World Ltd announces major capital reorganization, including share capital reduction.
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AGB Intelligence
PHILIPPINES
Bloomberry opens $1 billion Solaire Resort North
On May 25, Bloomberry Resorts Corporation officially opened Solaire Resort North, a $1 billion luxury integrated resort in Quezon City. The 38-floor, five-star property, the first of its kind in northern Metro Manila, features four gaming levels across 13,000 square meters. Bloomberry Chairman Enrique Razon Jr. emphasized the resort's role in boosting local economic activity and catering to the growing tourism demand.Corporate Spotlight
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