• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Monday 25 August 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Solaire North on track for 2023 opening: Enrique Razon Jr

Newsdesk by Newsdesk
Mon 25 Apr 2022 at 05:36
Enrique K Razon JR

Bloomberry Resorts Chairman and CEO Enrique K Razon Jr.

522
SHARES
13k
VIEWS
Print Friendly, PDF & Email

Bloomberry Resorts Corp Chairman and CEO Enrique K Razon Jr says the company’s second Manila integrated resort, Solaire North, is on track for a 2023 launch.

Speaking to investors at the company’s annual meeting on Friday, Razon said the company was well placed to capitalize on regional recovery after two years of suppressed revenues with Solaire North, located on 1.5 hectares of land in Quezon, set to play an important role in fulfilling post-pandemic demand.

“We’re still on track for a 2023 opening,” Razon said, according to local media reports.

“Solaire North will be an upscale mass-focused offering that, together with Solaire and the revamped Solaire Club, will profoundly expand our gaming footprint to take advantage of what we anticipate to be burgeoning post-pandemic domestic mass and regional premium mass demand.”

Bloomberry previously reported a 22% year-on-year increase in GGR to Php27.6 billion (US$529 million) in 2021, with consolidated EBITDA up 265% to Php5.2 billion (US$100 million) and net loss narrowed from Php8.3 billion (US$159 million) in 2020 to Php4.2 billion (US$80 million).

An artist’s impression of Solaire North.

Razon noted that Solaire “operated with limited capacity to one degree or another throughout 2021” but that the recent lifting of most COVID-19 restrictions in the Philippines was a major step forward.

“If this environment continues, and other Asian countries start lifting their own inbound travel restrictions, then we will have a clear runway to ramp up to pre-pandemic levels,” he said.

Razon also pointed to the addition of online gaming operations via PAGCOR’s recently launched PIGO (Philippine Inland Gaming Operations) scheme as another important string to Bloomberry’s bow.

“We are hopeful that in the near future, in the medium term, that [online gaming] will be a large part of the business,” he said.

“So far it has grown strongly and has been delivering substantial revenues monthly from zero a year-and-a-half-ago. We are highly confident in this development and have been focusing on this area.”

RelatedPosts

More reasons to visit Clark

Hann postpones US$207 million IPO due to poor market conditions

Sun 24 Aug 2025 at 11:19
Winford Resort & Casino Manila becomes first Philippines gaming complex to commit to 30% plant-based menu by 2026

Winford Resort & Casino Manila becomes first Philippines gaming complex to commit to 30% plant-based menu by 2026

Fri 22 Aug 2025 at 05:40
PAGCOR chair Tengco says transactions on licensed online gambling sites down 50% since ban on e-wallet links

PAGCOR chair Tengco says transactions on licensed online gambling sites down 50% since ban on e-wallet links

Thu 21 Aug 2025 at 05:35
Udenna subsidiary given US$42.5 million cash advance to complete first Philippines IR outside Manila

PH Resorts Group derecognizes almost US$400 million in property, financial liabilities linked to failed Emerald Bay project in Cebu

Mon 18 Aug 2025 at 06:03
Load More
Tags: Bloomberry Resorts CorporationEnrique K Razon JRManilaPhilippinesSolaire NorthSolaire Resort
Share209Share37
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Better late than never

Editorial – Better late than never

by Ben Blaschke
Thu 31 Jul 2025 at 07:13

Inside Asian Gaming has in recent weeks been hearing increasing chatter around a possible move by Vietnamese authorities to introduce...

Angel’s Yasushi Shigeta

Angel’s Yasushi Shigeta

by Ben Blaschke
Thu 31 Jul 2025 at 07:08

Yasushi Shigeta, Chairman and owner of one of the world’s largest gaming industry suppliers, Angel Group, sits down with Inside...

The Magic Number

The Magic Number

by David Bonnet
Thu 31 Jul 2025 at 06:41

In this in-depth deep dive into the evolution of the Asian gaming landscape, David Bonnet argues that many regional jurisdictions...

Rashid Suliman – A road well traveled

Rashid Suliman – A road well traveled

by Ben Blaschke
Thu 31 Jul 2025 at 02:45

Rashid Suliman, Vice President of Global Gaming Asia-Pacific for casino solutions provider TransAct Technologies, provides some insight into his unique...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
HKUST
NWR

Related Posts

Slots 2.0

JP Morgan says Macau GGR now at highest non-Golden Week levels since pandemic

by Ben Blaschke
Mon 25 Aug 2025 at 17:04

Investment bank JP Morgan has estimated Macau’s gross gaming revenues in the seven days from 18 to 24 August at MOP$793 million per day, representing a 9% increase over the prior week and making it the city’s highest non-Golden Week...

Macau GGR down 12.7% month-on-month to MOP$17.3 billion in September, lowest of the year

Macau government collects US$1 billion in gaming tax revenue in July

by Ben Blaschke
Mon 25 Aug 2025 at 13:34

According to data released by Macau’s Financial Services Bureau, the Macau government’s revenue from gaming taxes in July was approximately MOP$8.11 billion (US$1.01 billion), largely in line with the MOP$8.16 billion collected in June. The July tax figure correlates to...

Pacific puzzle

Team King completes acquisition of Saipan casino assets but IPI ownership links linger

by Newsdesk
Mon 25 Aug 2025 at 05:33

Team King Investment (CNMI) LLC, a recently incorporated company which in February won a bid to acquire the casino assets of Imperial Pacific International, has officially closed the deal and taken ownership. According to local media outlet Marianas Variety, the...

More reasons to visit Clark

Hann postpones US$207 million IPO due to poor market conditions

by Ben Blaschke
Sun 24 Aug 2025 at 11:19

The holding company of Clark’s Hann Casino Resort has postponed an initial public offering that had been planned to take place in September, according to a report by Bloomberg. The delay is due to global uncertainties that have heavily impacted...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • English