Daily Asia Gaming eBrief: People, product and profit: Bloomberry Corp COO

Wednesday 3rd of April 2024

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Good Morning. People, product and profit. That's the order that Bloomberry Resorts Corp's COO says the company is focusing on, with excellence in the first driving a positive chain reaction. The group is doubling down on training ahead of the opening of its new property Solaire Resort North. Also in the Philippines, Suntrust's Westside City project is now only expected to open doors on its hotel and casino in 1Q25, a quarter later than expected. And in Macau, April GGR is now projected to hit $2.3 billion, just shy of March's post-COVID record, says Citigroup.

What you need to know

Thomas Arasi, the President and COO of Bloomberry Resorts Corp, notes how people and product excellence drive profitability.
Suntrust's Westside City project to open the Main Hotel Casino in the first quarter of 2025, featuring 281 gaming tables.
Macau projected to have April GGR of $2.3 billion, 78 percent of pre-COVID levels: Citigroup says in investment memo.

On the radar

VGCCC fines MintBet $65K for allowing 35-hour customer gambling spree.
Indonesia continues to combat illegal online gambling with dedicated team.
Thai casino legalization study at cabinet meeting next week: report.
Deadline for sale of Macau Legend Laos casino extended to April 15th.
Thailand could open its first casino by 2029, ahead of MGM Osaka.

AGB Intelligence

Philippines

Bloomberry COO: people and product drive profitability

Thomas Arasi, the President and COO of Bloomberry Resorts Corp, says that the group's intense focus on its people leads to a natural improvement in the excellence of its product which in turn drives profitability. The group is investing even more in training ahead of the May opening of its latest flagship property Solaire Resort North, in May.

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