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Bloomberry to build second casino resort

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Bloomberry Resorts Corporation, a gaming and hospitality company based in the Philippines, is going to build a second integrated resort in the Metro Manila region. The move is part of the strategy to gain from the Philippines’ fast-growing tourism industry and growing mass segment in the north.

Enrique K. Razon, Chairman and CEO of Bloomberry, confirmed that news of the construction on their new property, after the annual general meeting on Tuesday. The construction of the resort is likely to begin by mid-2019 and to be completed by 2022.

The resort will be constructed on a portion of land in Quezon City, a city located northeast of the capital Manila where Bloomberry’s core operation – Solaire Resort & Casino – is based. Mr. Razon said Tuesday that they will expand the Solaire brand with their new property in Quezon City.

The businessman further pointed out that they are yet to estimate the project’s budget, and that a master plan is in the works and is expected to be presented by January 2019.

The planned hotel and casino resort will be constructed on a 1.5-hectare site within the 45-hectare Vertis North mega-project. Bloomberry bought that portion of land from the Philippine National Housing Authority for nearly PHP2 billion back in 2015.

Mr. Razon said they are planning to build a high-rise property as the land they own in Quezon City does not allow for a sprawling resort.

Bloomberry’s Quezon City operation will look to cater to the growing mass market in the north, the company’s top official pointed out Tuesday. Mr. Razon went on to say that they believe 2018 would be a banner year for the Philippines’ integrated resort industry and tourism’s role in the development of that industry will be keep growing.

According to the businessman, the rise in middle-class income and the constantly improving connectivity across the region would, too, play a significant role in the future development of the casino resort segment. As mentioned above, Bloomberry’s new Solaire resort would look to tap namely the mass market segment in the northern part of the country.

The gaming and hospitality company also believes that it would further benefit from the rising number of daily flights from China, there are 32 of them currently, and from the multiple visa relaxations rolled out over the past several years. China’s middle class is expected to become an important driver of growth within the casino gambling and integrated resort sector in the next few years, and more and more countries in the Asia-Pacific region, the Philippines included, have been looking to develop properties that would appeal to that particular demographic.

In a separate announcement from earlier this week, Bloomberry announced that it has completed the purchase of the portion of land where its Solaire Casino & Resort is located. The company paid the amount of PHP37.33 billion (approximately $710.3 million) to the Philippine Amusement and Gaming Corporation to assume ownership of the site. Solaire was the first integrated resort to open doors in Entertainment City, a multi-billion scheme initiated by the Philippine government for the construction of four hotel and casino properties in the heart of Manila to boost tourism and bring international visitors to the country. 

Source: CasinoNewsDaily

Source: European Gaming Media and Events

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Industry News

Bryke launches Link King in Spain

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Bryke, the video slots brand of Zitro, the famous  Luxemburg-based gaming company, has launched its highly successful flagship product in Spain: Link King, a unique and innovative type of game that is not like any other games available in Spain.

Link King offers impressive new features: 4 spectacular levels of progressive jackpots that are frequently granted through the bonus game, increasing the chances of winning. In addition, prizes are linked between terminals, raising their value and the player’s excitement. Spanish players can enjoy a different way of playing never before seen in Spain and already present in the best casinos in the world.

The staging of LINK KING is impressive thanks to the new FUSION cabinet that stands out due to its advanced technology and “Ultra Slim” design, occupying less space than any other piece on the market and offering the player greater comfort.

The combination of LINK KING and FUSION will transform Spanish lounges into a game show that will appeal to both the operator and player, just like what’s happening in international markets.

Source: Latest News at European Gaming Media

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RTG launched a new game, called I, Zombie

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RTG Asia, the Philippines-based gaming company, has launched a new game called I, Zombie, which is a five-reel, 25 line game. It features Amy, a gorgeous zombie killer.

“The zombie epidemic continues, but now it’s taken a personal toll: Nancy has turned! Her beautiful blue eyes have gone red, her carefully manicured nails have grown into claw-like things. She might be the WORST kind of zombie — still so sexy, so attractive, so deadly. You have to see her! And, as in life, so WILD. And she is your WILD too. You may even see two more her appear and they’ll jump across the reels… not to kill you but to help you win more,” – commented RTG Asia.

“Maybe if she could see herself in the mirror she could change back… would that help? Could that help? It’ll certainly help YOU: when you get three mirrors – the game’s scatter – you get free spins. Get four mirrors and your free spin prize doubles. Five mirrors, it trebles,” it concludes.

Source: Latest News at European Gaming Media

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William Hill US seeks modifications in regulations

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William Hill US has written a letter to the Nevada Gaming Control Board (NGCB) seeking modifications in current regulations so as to eliminate some technical glitches. This is after FanDuel paid out on an erroneous ticket that allowed the ticket holder to win US$82k in New Jersey.

It is learnt that William Hill US mainly asked the power for the Chair to use discretion in rescinding bets where an obvious error had occurred, such as wrong pricing. “This would address the situation that occurred recently in New Jersey where an operator issued a wager on a football game at a price that was obviously incorrect,” reads the letter.

Sylvia Tiscareno, general counsel of William Hill, testified during NGCB’s meeting this week and said that the request comes after several internal discussions. The panel at the meeting decided to consider the testimony before making a decision.

Source: Latest News at European Gaming Media

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