Philippine Government\u2019s Enhanced Community Quarantine<\/a><\/em><\/strong> has resulted in the temporary suspension of Solaire\u2019s gaming operations.<\/p>\n\n\n\n“We look forward to restart the gaming segment soon after the quarantine is lifted. We anticipate a slow recovery as our patrons, customers, and employees adjust to the ‘new normal’. <\/p>\n\n\n\n
“For now, our team members are undergoing regular testing as part of a comprehensive plan to maintain safe working and recreational environments at Solaire.<\/p>\n\n\n\n
“At Solaire, we plan to meet and exceed the acceptable local safety standards. Our stringent regimen of safety measures will be world-class examples of the safe re-opening of entertainment venues and of kickstarting the local economy to return the livelihoods of our communities. <\/p>\n\n\n\n
“We will have clear, effective, comforting and consistently implemented protocols that will instil a true sense of safety and security for all,” he added.
<\/p>\n","protected":false},"excerpt":{"rendered":"
Operator’s consolidated net revenue in Q1 was P9.4 billion with the loss attributed to the impact of Covid-19.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Bloomberry Resorts Corporation reported a P9.4 billion consolidated net revenue in Q1, marking a 13% decline, primarily attributed to the COVID-19 pandemic and the mandated suspension of Solaire Resort's gaming operations in the Philippines. CEO Enrique K. Razon Jr. anticipates a protracted recovery, emphasizing the implementation of world-class safety protocols for a compliant and secure reopening.","focusai_entities":"Bloomberry Resorts Corporation, Solaire Resort, Enrique K. Razon Jr.","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Q2 GGR Outlook?","query":"What are Bloomberry's revised GGR and NGR projections for Q2 and the full fiscal year, considering the phased reopening and anticipated patron behavior adjustments in the 'new normal'?"},{"label":"Liquidity & Debt?","query":"How has the prolonged operational suspension impacted Bloomberry's liquidity position, adherence to debt covenants, and potential for future capital market activities or M&A considerations?"}],"footnotes":""},"categories":[28,161,163,16333],"tags":[413,29,128],"class_list":["post-6447","post","type-post","status-publish","format-standard","hentry","category-casino-news","category-daily-news","category-finance-news","category-south-east-asia-news","tag-bloomberry","tag-casino","tag-philippines"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/6447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=6447"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/6447\/revisions"}],"predecessor-version":[{"id":777009757,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/6447\/revisions\/777009757"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=6447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=6447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=6447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}