Bloomberry Incurs P8 3 Billion Loss As Casino Sales Fall 62

Bloomberry ends dispute with GGAM

Subsidiaries of Enrique Razon’s Bloomberry Resorts Corp. have ended their decade-long dispute with casino management firm Global Gaming Philippines LLC, reaching a universal settlement which includes a $300 million special block sale......»»

Category: financeSource:

philstarRelated NewsMar 20th, 2024

Bloomberry posts FY23 profit of P9.5-B (UP 85%)

Bloomberry, the gaming arm of Enrique Razon’s diversified empire, posted a FY23 consolidated net income of P9.5 billion, up 85% over its FY22 net income of P5.1 billion......»»

Category: financeSource:

philstarRelated NewsMar 5th, 2024

Bloombery ends dispute with GGAM

Subsidiaries of Enrique Razon’s Bloomberry Resorts Corp. have ended their decade-long dispute with casino management firm Global Gaming Philippines LLC, reaching a universal settlement which includes a $300 million special block sale......»»

Category: financeSource:

philstarRelated NewsMar 19th, 2024

Bloomberry opens Quezon City casino in May

The company’s financial and operating results for 2023, “reflect a resilient Philippine economy amid a challenging global economic landscape,” Razon said......»»

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philstarRelated NewsMar 5th, 2024

Retail Sales in US Fall Short of Expectations Following Previous Month’s Decline

US retail sales saw a slight increase of 0.6% in February, falling short of predictions and sparking worries about consumer spending strength. This uptick follows.....»»

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thedailyguardianRelated NewsMar 15th, 2024

Sari-sari stores post P8 billion in sales in 2023

Small neighborhood variety (sari-sari) stores in the Philippines recorded sales of more than P8 billion in 2023, more than 21 percent higher than the previous year’s tally of P6.6 billion, according to a study conducted by analytics startup Packworks......»»

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philstarRelated NewsFeb 17th, 2024

Vehicle sales seen to reach 500,000 units this year

Vehicle sales in the country may hit 500,000 unit sales this year, driven by new models and production as well as better economic performance......»»

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philstarRelated NewsJan 25th, 2024

Solaire Quezon City casino fully ramped up in 2 years

Bloomberry Resorts Corp. of tycoon Enrique Razon expects to fully ramp up in two years its upcoming $1 billion casino resort in Quezon City, which is expected to open on May 25......»»

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philstarRelated NewsApr 19th, 2024

MerryMart increases 2030 VISION annual sales target 25% to P150-B

MerryMart, the grocery and consumer products chain founded by Injap Sia, said in a press release that it has updated its 2030 VISION goal from P120 billion in annual consolidated systemwide sales revenue to P150 billion......»»

Category: financeSource:

philstarRelated NewsFeb 27th, 2024

Suntrust secures $38 million loan for Parañaque casino project

Suntrust Resort Holdings Inc. has secured a $38-million loan to fund the development of its casino project in Parañaque City......»»

Category: financeSource:

philstarRelated NewsApr 22nd, 2024