Bloomberry Resorts and Casino
Bloomberry is set to open phase 1a in the fourth quarter. This phase involves construction of additional 312 all-suite hotel rooms, a shopping center with 30 to 40 high-end brand shops, more food and beverage offerings, a 1,700-seating entertainment theater, 3,000 parking spaces, a night club, and more restaurants. There will also be an additional 220 slot machines and 65 VIP gaming tables.
By the end of phase 1a, Bloomberry would have invested P50.23 billion in Solaire.
Meanwhile, Razon said the company was exploring opportunities to invest in other casino projects overseas, particularly Japan. The company is in talks with Japanese partners to prepare a bid once a gaming law is passed in the country, he said.
Bloomberry reported that its net income totaled P1.46 billion in the first quarter, a sharp turnaround from the P1.05 billion net loss it posted in the same period a year ago.