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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......»»

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philstarRelated NewsMar 20th, 2024

Council to appeal March 1 as special non-working holiday in Davao City

The Davao City Council is seeking to appeal to the national government to declare March 1 as a non-working holiday in honor of Araw ng Davao, the city's founding anniversary. Councilor Al Ryan Alejandre emphasized the importance of this appeal for the people of Davao, expressing hope that the president will grant their request. This initiative comes as a response to a new bill that designates March 1 as the new founding anniversary, shifting the traditional celebration date from March 16. Despite the bill and law designating March 1 as a working holiday, the council aims to annually request Malacañang to recognize it as a non-working holiday. The appeal is intended to ensure that Dabawenyos can actively participate in the festivities. Additionally, the executive committee of Araw ng Davao is in the final stages of organizing events and activities for the celebration. Discussions have been ongoing, with plans anticipated to be finalized soon. This move reflects the council's commitment to honoring and celebrating the city's heritage and traditions......»»

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sunstarRelated NewsJan 30th, 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......»»

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philstarRelated NewsMar 5th, 2024

Bloombery ends dispute with GGAM

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

Sandigan junks ex-Palawan execs’ bid to dismiss raps

The Sandiganbayan has denied the appeal of three former provincial government officials of Palawan to be allowed to seek the early dismissal of the graft and falsification cases filed against them in connection with the alleged misuse of P1.534 billion worth of proceeds from the Malampaya gas project in 2008......»»

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philstarRelated NewsApr 3rd, 2024

MTRCB junks SMNI appeal, extends suspension | The wRap

The wRap highlights: SMNI & MTRCB, Sara Duterte, journalists in Gaza.....»»

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rapplerRelated NewsJan 26th, 2024

Prince Harry loses bid to appeal UK security ruling

Prince Harry will not be allowed to appeal the downgrading of his personal security when he visits Britain......»»

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philstarRelated NewsApr 16th, 2024

Content creation holds appeal for laid-off workers in U.S. seeking flexibility

Content creation holds appeal for laid-off workers in U.S. seeking flexibility.....»»

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sunstarRelated NewsApr 10th, 2024

Sandigan junks forfeiture vs Marcos crony-owned telco

The Sandiganbayan has dismissed a forfeiture case against several alleged cronies of the late dictator Ferdinand Marcos Sr. and his widow, former first lady Imelda Marcos, seeking to recover in favor of the government shares of stocks in Eastern Telecommunications Philippines Inc., allegedly illegally acquired during martial law......»»

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philstarRelated NewsJan 12th, 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......»»

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philstarRelated NewsApr 22nd, 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