Bloomberry Resorts And Hotels Incorporated

Gloomy prediction for Bloomberry Resorts Corporation

August 17, 2020

Latest Casino and Gambling News, Casino News, Casino closures, Gaming Industry News, Economy/Finance, Philippines

In the Philippines and the impact of the ongoing coronavirus pandemic is reportedly set to push annual VIP gross gaming revenues for local casino operator Bloomberry Resorts Corporation down by up to 72% year-o...

Bloomberry Resorts Corporation subject of second Bangladesh Bank lawsuit

Adam Morgan

June 2, 2020

Latest Casino and Gambling News, U.S.A., Gaming Industry News, Hacking, Money Laundering, Economy/Finance, Crime, Fines, Lawsuits & Litigation, Philippines

In the United States and the national bank of Bangladesh has reportedly filed a civil complaint against 17 entities including casino operator Bloomberry Resorts Corporation concerning the 2016 theft from its co...

US federal court dismisses action against Bloomberry Resorts Corporation subsidiary

Adam Morgan

March 23, 2020

Latest Casino and Gambling News, Gaming Industry News, Hacking, Money Laundering, Crime, Fines, Lawsuits & Litigation, Philippines

In the United States and a federal court has reportedly dismissed a civil case filed by Bangladesh Bank against a subsidiary of Manila-listed casino operator Bloomberry Resorts Corporation regarding the 2016 th...

Singapore disappointment for Bloomberry Resorts Corporation

Adam Morgan

January 7, 2020

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Fines, Lawsuits & Litigation, Philippines

In Singapore and Asian casino operator Bloomberry Resorts Corporation has reportedly lost its attempt to overturn the earlier ruling of an arbitration tribunal and may now be forced to pay some $296 million to ...

Bloomberry Resorts Corporation slapped with $296 million judgment

Adam Morgan

October 3, 2019

Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Fines, Lawsuits & Litigation, Philippines

In Singapore and a tribunal has reportedly ruled against Bloomberry Resorts Corporation and ordered the Filipino casino operator to pay just over $296 million to a subsidiary of American entertainments firm Glo...

First-quarter results highlight the importance of Entertainment City

Adam Morgan

May 17, 2019

Latest Casino and Gambling News, Casino News, Casino project updates, Economy/Finance, Philippines

The gaming industry in the Philippines reportedly recorded aggregated first-quarter gross gaming revenues of just over $1.1 billion with the majority of this at around $756 million having come from the three La...

Philippines casino market predicted to outpace competition

Adam Morgan

May 14, 2019

Latest Casino and Gambling News, Economy/Finance, Philippines

New research from financial services firm Morgan Stanley Asia Limited has reportedly determined that the casino market in the Philippines is ‘growing faster’ than the analogous sectors of Macau, Las Vegas and S...

Quezon City considering Bloomberry Resorts Corporation application

Adam Morgan

March 8, 2019

Latest Casino and Gambling News, Casino proposals, Casino News, Economy/Finance, Philippines

In the Philippines, civic leaders in Quezon City are reportedly still discussing the merits of an application from Bloomberry Resorts Corporation that would allow the firm to bring a new integrated casino resor...

Bloomberry Resorts Corporation reports improved annual results

Adam Morgan

March 5, 2019

Latest Casino and Gambling News, Economy/Finance, Fines, Lawsuits & Litigation, Philippines

In the Philippines, casino operator, Bloomberry Resorts Corporation, has released its consolidated financial results for 2018 showing that it had experienced a 16% increase year-on-year in net revenues to sligh...

Bangladesh lawsuit names Bloomberry Resorts and Hotels Incorporated

Adam Morgan

February 28, 2019

Latest Casino and Gambling News, Hacking, Money Laundering, Crime, Fines, Lawsuits & Litigation, Philippines

In the Philippines, casino operator, Bloomberry Resorts Corporation has announced that its Bloomberry Resorts and Hotels Incorporated subsidiary has been named as a co-defendant in a lawsuit connected to the th...

Rodrigo Duterte being urged to re-think new casino prohibition

Adam Morgan

January 31, 2019

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Economy/Finance, Licenses, Philippines

In the Philippines, the head of the nation’s gaming regulator has reportedly implored President Rodrigo Duterte (pictured below), to lift his ban on the building of any new privately-financed casinos so that th...

Philippines annual gross gaming revenues reach an all-time high

Adam Morgan

January 24, 2019

Latest Casino and Gambling News, Economy/Finance, Philippines

In the Philippines, a steady stream of foreign high-rollers reportedly helped to push aggregated gross gaming revenues for 2018 up by around 13% year-on-year to hit an all-time high of approximately $3.79 billi...

Provisional license for fifth Entertainment City integrated casino resort

Adam Morgan

July 26, 2018

Latest Casino and Gambling News, New Hotels, Casino project updates, Licenses, Philippines

Chinese real estate firm, Landing International Development Limited, has announced that one of its subsidiaries has been granted a provisional gaming license for the new integrated casino resort it is planning ...

More shares for ‘loyal patrons’ of Solaire Resort and Casino

Adam Morgan

June 11, 2018

Latest Casino and Gambling News, Casino proposals, Casinos of the Philippines, Economy/Finance, Philippines

In the Philippines, the Bloomberry Resorts and Hotels Incorporated subsidiary of casino operator, Bloomberry Resorts Corporation, has announced that it intends to purchase even more shares in its parent in orde...

Solaire Resort and Casino customers to be rewarded with shares

Adam Morgan

January 29, 2018

Latest Casino and Gambling News, Casinos of the Philippines, Philippines

In the Philippines, the Bloomberry Resorts and Hotels Incorporated subsidiary of casino operator Bloomberry Resorts Corporation has reportedly spent approximately $82,468 in order to purchase shares in its pare...