“Vietnam and Japan are just some of several prospective jurisdictions outside the Philippines that the corporation is looking at, but there is nothing definitive at this point,” Bloomberry recently said in the filing to the Philippine Stock Exchange.
The filing comes right after philSTAR.com published an interview with Enrique Razon, in which the Bloomberry chairman and chief executive said he was interested “in expanding his casino operations in the Asian region”.
Although the executive admitted Vietnam and Japan were among his targets, he added that any investment would depend “on these countries’ final regulation governing casinos and gaming”.
Bloomberry is one of several international gaming firms to have expressed interest in Japan. MGM Resorts International, Las Vegas Sands and Genting Singapore are among the operators mulling investments in that country.
Bloomberry is the owner and operator of the Solaire Resort and Casino in Manila, and also plans to build a casino resort at Quezon City, north of Metro Manila, with construction scheduled to start next year.
The company’s first venture overseas was the Jeju Sun Hotel and Casino on South Korea’s southern holiday island Jeju.
Source: GMB / GGR Asia