Monday, September 28, 2020

Tag: Solaire

Landing International’s Manila land deal in limbo

ICR 190 ASIA LANDING
Korean casino operator Landing International Development Corp appears to have had its lease agreement to develop and operate an integrated resort in Manila’s Entertainment City put on hold. Media reports suggest that the Philippines’ Commission on Audit (COA) has ordered Nayong Pilipino Foundation (NPF) - a state-owned corporation under the Department of Tourism - to suspend its lease agreement with...

Bloomberry to build second Solaire casino resort

ICR 189 ASIA SOLAIRE
Bloomberry Resorts Corporation, owner and operator of the Solaire Resort and Casino and Jeju Sun Hotel and Casino in South Korea, is planning to start construction of its Quezon City integrated resort next year with an eye to a 2022 opening. In an interview following the firm’s annual stockholders’ meeting, Bloomberry chairman Enrique Razon Jr. said that the new integrated...

Bloomberry wins bid for Solaire land plots

ICR 188 ASIA SOLAIRE
Philippine-listed casino operator Bloomberry Resorts Corp has acquired two parcels of Philippine Amusement and Gaming Corporation (Pagcor) land on which its integrated resort Solaire Resort and Casino stands. In a filing to the Philippines Stock Exchange, Bloomberry confirmed that the land, situated in Manila’s Entertainment City, would be purchased by subsidiary Sureste Properties Inc (SPI) for a total of PHP37.3bn...

Pachinko king talks up Philippines casino prospects

Casino Review - Pachinko king talks up Philippines casino prospects
The Filipino casino sector out shone expectations in 2016, and could be poised to do so again next year. But whether Duterte’s courting of the Chinese can overcome any fallout from anti-gaming politics at home and abroad remains to be seen.   After a disappointing year in 2015, the Philippines casino sector has come back with a vengeance in the past...

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