{"id":777004540,"date":"2023-04-21T14:38:33","date_gmt":"2023-04-21T17:38:33","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777004540"},"modified":"2026-04-22T22:38:00","modified_gmt":"2026-04-23T01:38:00","slug":"domestic-players-to-dominate-solaires-gaming-business-bloomberry-ceo","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/domestic-players-to-dominate-solaires-gaming-business-bloomberry-ceo","title":{"rendered":"Domestic players to dominate Solaire’s gaming business – Bloomberry CEO"},"content":{"rendered":"\n

Enrique Razon Jr, CEO of Bloomberry Resorts, says the gaming industry at Solaire Resort in Manila will continue to be dominated by local players.<\/p>\n\n\n\n\n\n\n\n

The Philippines.- During Bloomberry’s annual stockholders’ meeting, Enrique Razon Jr<\/strong>, chairman and CEO of the company, said domestic players will continue to be the mainstay of Solaire Resort’s gaming business in Manila. <\/p>\n\n\n\n

Razon said the mass market was “primed to set new highs in 2023” and noted that the group was planning on strong growth from its non-gaming segment, which saw revenues double to PHP6.7bn (US$119.8m) in 2022<\/a>.<\/p>\n\n\n\n

Regarding the Solaire Resort North in Quezon City<\/strong>, Razon noted the project is on track to open in the first quarter of 2024. The resort, which sits on a 15,000-square-meter lot in Quezon City, broke ground in 2019 but faced numerous delays and lockdowns due to the pandemic.<\/p>\n\n\n\n

The company has confirmed that it will expand its integrated resort portfolio with a new project in the province of Cavite. The company had already reportedly plans<\/a> for the third resort, which will be located in the Paniman area of Cavite.<\/p>\n\n\n\n

According to sources, Bloomberry Resorts has already acquired 2.8 million square meters of land in the Paniman area for PHP7.5bn (US$136.95m). The company aims to develop the property into a world-class integrated resort and entertainment complex with a hotel, casino, golf course residential and mixed-use development. <\/p>\n","protected":false},"excerpt":{"rendered":"

Enrique Razon Jr, CEO of Bloomberry Resorts, says the gaming industry at Solaire Resort in Manila will continue to be dominated by local players.<\/p>\n","protected":false},"author":176,"featured_media":17517,"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' CEO, Enrique Razon Jr, affirmed the continued dominance of domestic players at Solaire Resort Manila, projecting strong mass market growth and significant non-gaming revenue expansion. The company is on track to open Solaire Resort North in Quezon City by Q1 2024 and has acquired substantial land in Cavite for a new integrated resort, signaling aggressive portfolio expansion within the Philippine market.","focusai_entities":"Enrique Razon Jr, Bloomberry Resorts, Solaire Resort, Solaire Resort North","focusai_location":"Philippines, Manila, Quezon City, Cavite, Paniman","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (0.9), marketing_crm (0.7), investor_analyst (0.9), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Mass Market Growth Drivers","query":"What specific operational or marketing initiatives does Bloomberry Resorts plan to implement to capitalize on the projected 'new highs' in the domestic mass market for 2023?"},{"label":"Non-Gaming Revenue Strategy","query":"How does Bloomberry Resorts intend to further diversify and grow its non-gaming revenue segment, particularly with the upcoming Solaire Resort North and the new Cavite integrated resort?"}],"footnotes":""},"categories":[157,16333],"tags":[],"class_list":["post-777004540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004540","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777004540"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004540\/revisions"}],"predecessor-version":[{"id":777004561,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777004540\/revisions\/777004561"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17517"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777004540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777004540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777004540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}