42 Thomas Arasi
PRESIDENT AND COO
Bloomberry Resorts
PRESIDENT AND COO
Solaire Resort & Casino
POWER SCORE: 610
POSITION LAST YEAR: 40
CLAIMS TO FAME
Trusted confidante of Bloomberry owner Enrique Razon Jr
Serves as President, COO and Director of parent company Bloomberry
Since joining Bloomberry Resorts as Solaire President and COO in late 2013, Arasi has not only earned the trust of one of the country’s richest men, Enrique Razon Jr, he has also helped make him even richer with the Philippines market leader enjoying another record breaking year in 2018.
In its recent 3Q18 earnings announcement, Bloomberry revealed that Solaire had recorded record numbers for both mass table drop and slots coin-in in all three quarters so far this year, with mass gaming table revenue reaching Php4.14 billion and slot revenue Php3.60 billion in the third quarter. The incredible figures more than made amends for ongoing poor luck in VIP, pushing the property’s 3Q18 consolidated gaming revenue to Php11.71 billion.
While Solaire had the advantage of being the first IR to open in the Entertainment City precinct, it nevertheless suffered a rocky start and it is the management initiatives implemented by Arasi and his team upon arrival seven months later that are widely credited for not only steadying the ship but making it the envy of Manila.
For the full list of 2018 Asian Gaming Power 50 winners, click here.
