MANILA — Enrique Razon, the Chairman of (BLOOM.PH) Bloomberry Resorts Corp. stated on Monday that they are all set to open the $1 billion incorporated resort-cum-casino in Manila Bay in the beginning of the next year, i.e. 2013. This would come as a first choice in the state, he said. After the company’s annual meeting, he added that the construction work is almost 70% over and it could be completed by December.
A plan was chalked out by Philippine Amusements and Gaming Corp., the gaming group or Pagcor for growth of incorporated resorts-cum-casinos on a portion measuring 100-hectare on the reclaimed land which came to be known as Entertainment City. Mr. Razon expressed that Singapore casino industry had generated US$ 6.5 billion as revenues in the year 2011. He told the shareholders that the Entertainment City would cross these figures. He expected that the city will prove itself in all respects in comparison with Macau that enjoys the reputation of being the biggest gambling hub across the globe. Services of Global Gaming Asset Management in Las Vegas have been hired for operation of Bloom berry, said Mr. Razon. However, the company would go ahead with putting up its own overseas hotel but that would take place after Solaire Manila’s completion.
Manila Bay has other three casino and resort projects that are being controlled by Henry Sys SM Group, Travelers International Hotel Group and Japanese businessman Kazuo Okadas Tigers Resorts Leisure and Entertainment Inc. With the addition of Bloomberg’s Solaire Manila, it would come up as the first of four resorts in the Entertainment City.
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