Bloomberry Resorts chairman and founder Enrique Razon says he is pushing ahead with plans for the company’s second casino in Quezon City, Philippines.
In an interview with Bloomberg last Friday, Razon said construction of the $418m resort in Manila may start mid-next year and could be finished in 2019.
In regards to Duterte’s campaign against e-games cafes, Razon said it is beneficial for companies such as Bloomberry.
“I think cracking down on this, looking at it from our perspective, helps the licensed casinos,” he said, adding that the Solaire Resort and Casino on Manila Bay is operating at “full capacity” and there’s been an increase in visitors from China since Duterte was elected in May.
Last month, Bloomberry reported P1.3bn ($28.5m) of profit in the second quarter of 2016, compared to a loss of P787m in the same quarter in 2015.
Source: Asia Gaming Brief
