Razon to invest in Dennis Uy’s Cebu, Pampanga casinos

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Billionaire Enrique Razon Jr.’s Bloomberry Resorts Corp. is planning to invest in Davao-based tycoon Dennis A. Uy’s casino developments in Cebu and Pampanga, expanding the listed gaming company’s footprint outside Metro Manila. | miguelrcamusINQ /PDI

The agreement with Bloomberry, the operator of Solaire Resort & Casino along Manila Bay, was strategic given Razon’s deep pockets and experience in gaming.

These are Lapulapu Leisure Inc., which is developing the Emerald Bay Resort Hotel and Casino in Punta Engano, Lapu-Lapu City, Cebu, and Clark Grand Leisure Corp., which is developing The Base Resort Hotel and Casino in Clark in Pampanga. Meanwhile, The Base would be an “adventure-themed integrated resort” on a 4.4-hectare lot within Udenna’s Clark Global City.State-run Philippine Amusement and Gaming Corp. , in October last year, approved the request of Clark Grand Leisure Corp. to voluntarily suspend its provisional casino license for its project in Clark Global City.

 

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miguelrcamusINQ May God direct the resources of the billionaires in producing food to sustain the Pilipinos when famine comes.

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