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Bloomberry Plans on Building the Paniman Casino

Business tycoon Enrique Razon has built two Solaire casinos in Parañaque and Quezon City with Bloomberry Resorts Corp. They plan to have a third project in Cavite, particularly the Paniman area of Ternate.

This marks a critical time for both Bloomberry and the Philippine gambling space. Solaire has been a bright light for casinos because the Metro Manila area only had a few gambling spots. Having three Solaire branches around the same region is a big deal and a launchpad for the industry.

Get excited about the new Paniman casino, but in the meantime, go enjoy a gambling session with your computer and the kasino bonus you get at your favourite online gambling site.

The details for the land and costs

Bloomberry and SPC inked a deal with Boulevard Holdings Inc., Puerto Azul Land Inc, Ternate Development Corp, and Monte Sol Development Corp for the P2.8 million square metres of land in the Paniman area in Ternate, Cavite. 

It is monumental for all parties involved because all 16 lots are usable by SPC and Bloomberry. Every square metre costs P2,700, as they had to spend around P7.5 billion on the land. 

The plans are already laid out for Bloomberry because the Paniman project will involve an integrated resort and an entertainment complex like the other Solaire resorts. However, a golf course here is a big part of its appeal. 

Bloomberry getting this project started is massive because they can be trendsetters. More people can become open to having this spot in Metro Manila and other parts of the Philippines. The country has tons of land that draws ambitious people to capitalise on a potentially huge market.

Bloomberry’s track record for successful casino projects

Solaire is a big hit in the Philippines because it is one of the premier casinos alongside its neighbour, Okada. Now that there is a new Solaire in the northern part of Metro Manila, Bloomberry’s track record continues to improve. 

Aside from the Solaire in Metro Manila, Bloomberry is responsible for Jeju Sun Hotel and Casino in South Korea. Those are investments that can pay off due to the expectations for the new project. 

Bloomberry lost P4.2 billion in 2021 but then earned back in 2022 by posting a net income of P5.1 billion the following year which is an encouraging sign for their future projects. The Cavite project is just the initial plan which bodes well for players around the same area such as Batangas and Laguna.

The project is already off to a good start as projections show the Quezon City Solaire will do well. Bloomberry’s plans for this Cavite project can be the key to more projects all over Asia.

Filipino high rollers hold Solaire to a high standard

Filipino gamblers have many choices for spending their money. However, Solaire is probably the best choice for their gambling sessions. It is one of the best casinos that offers the best experience because of its gaming and hotel facilities. 

Solaire is doing well with the high-rollers coming in from around the country. With more facilities, there is more room for people to look into playing with the Quezon City branch and this planned Cavite branch.

More options for gamblers mean a great deal because they know they can have a reliable and enjoyable experience no matter which Solaire they plan on going to. The Parañaque branch is strong and as long as they follow its lead, the other two options remain the golden standard of gambling in the Philippines.

Gambling is not the only revenue push for Paniman

Remember that Solaire is not just for gamblers. It is a luxury spot for people to come and relax there with the resort and hotel. The planned golf course for Paniman can also help since it is also a popular sport among the elite and its enthusiasts. 

Bloomberry can contribute to Philippine tourism. Since 2022, there has been a spike in the number of tourists that visit the country. This planned Paniman casino and hotel can provide accommodation to foreigners who also want to enjoy luxury while enjoying with their stay in the country.

The Paniman casino is a smash hit and with some members of the government planning to ban online casinos where a kasino bonus can be used, this Bloomberry casino might be the best option for people alongside other Solaire branches.

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