Solaire Resort and Casino is one of the premier destinations for luxury entertainment in the Philippines. Since its inception in 2013, it has attracted tourists and locals alike with its world-class facilities, high-end restaurants, and top-notch gaming experience.
But the question remains – who owns Solaire Resort and Casino? Let’s take a closer look.
Background
Solaire Resort and Casino is located in Entertainment City, a massive development project in Manila aimed at boosting tourism and economic growth. The resort is owned by Bloomberry Resorts Corporation, a publicly traded company on the Philippine Stock Exchange.
Bloomberry Resorts Corporation
Bloomberry Resorts Corporation was founded by billionaire Enrique Razon Jr., who serves as the company’s chairman and CEO. Razon is a prominent figure in the Philippine business world, with interests spanning from port management to energy production.
The Early Years
Before founding Bloomberry Resorts Corporation, Razon acquired a controlling stake in Philippine-listed gaming company Alliance Global Group Inc. (AGI). He then used AGI as a vehicle to acquire land for the Entertainment City project, eventually leading to the construction of Solaire Resort and Casino.
Beyond Solaire
Bloomberry Resorts Corporation’s portfolio extends beyond Solaire Resort and Casino. The company also operates Jeju Sun Hotel & Casino in South Korea and has plans for further expansion in Asia.
Conclusion
In conclusion, Solaire Resort and Casino is owned by Bloomberry Resorts Corporation, which was founded by Enrique Razon Jr. While Razon’s initial acquisition of AGI helped pave the way for Solaire’s construction, Bloomberry Resorts Corporation has since become a major player in the gaming industry with plans for continued growth. Whether you’re visiting Solaire for its gaming facilities or simply to enjoy its luxurious amenities, it’s clear that the resort is in good hands.