Month: May 2017

Bloomberry turns around with P2.15-B net income in Q1

Bloomberry Resorts Corporation (BLOOM), owner and operator of the Solaire Resort & Casino and Jeju Sun Hotel & Casino, returned to profitability on higher gaming and non-gaming revenues during the first quarter of the year. During the first quarter of the...

Investors betting big on gambling

MANILA, Philippines – Local and foreign investors are betting big on gambling – from building sprawling integrated casino resorts to scrambling for small-time lottery licenses – despite President Duterte’s crackdown on online gaming. Duterte’s pivot to China has...