• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Features
  • Industry Talk
  • Trends & Tech
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Bloomberry out of Philippine exchange main index

Aug 24, 2016 Newsdesk Latest News, Philippines, Top of the deck  


Bloomberry out of Philippine exchange main index

Philippines-based Bloomberry Resorts Corp – owner and operator of the Solaire Resort and Casino (pictured) in Manila – will be dropped from the main index of the Philippine Stock Exchange.

The decision was announced on Wednesday by the exchange operator as part of an annual review of the index composition. Bloomberry will be replaced on the index – also known as PSEi – by Philippine lender Security Bank Corp.

The change will take effect on September 12, the operator stated.

Bloomberry was the only casino operator featured in the index. But several conglomerates included on the PSEi have interests in the Philippine gaming sector. Those include Alliance Global Group Inc, an investor in Philippine casino operator Travellers International Hotel Group Inc; and SM Investments Corp, indirectly involved in the City of Dreams Manila casino resort.

To be included on the PSEi, a listed company should be among the most liquid and valuable companies on the Philippine bourse.

Bloomberry reported a profit of approximately PHP1.33 billion (US$28.5 million) in its unaudited results for the three months to June 30, compared to a loss of PHP773.5 million in the prior-year period.

In June, the firm sold its Jeju Sun Hotel and Casino – on Jeju Island in South Korea – to Macau VIP gambling room investor Iao Kun Group Holding Co Ltd.


  • tweet
Related articles
  • Philippines casino GGR up 23pct in full 2018: Pagcor
    Philippines casino GGR up 23pct in full...

    Feb 19, 2019  

  • Casino op Bloomberry Resorts added to PSE Index
    Casino op Bloomberry Resorts added to...

    Feb 08, 2019  

More news
  • Okada side says mogul released from HK graft watchdog bail
    Okada side says mogul released from HK...

    Feb 22, 2019  

  • Novomatic affirms Jade Ent as SE Asia distributor
    Novomatic affirms Jade Ent as SE Asia...

    Feb 22, 2019  


Latest News

Okada side says mogul released from HK graft watchdog bail

Okada side says mogul released from HK graft watchdog bail

Feb 22, 2019  

A statement issued on Friday on behalf of Japanese gaming entrepreneur Kazuo Okada (pictured) said that Hong Kong’s anti-graft agency the Independent Commission Against Corruption (ICAC), had...
Read More
Novomatic affirms Jade Ent as SE Asia distributor

Novomatic affirms Jade Ent as SE Asia distributor

Feb 22, 2019  

Marina Bay Sands opens Tao Group nightclub April 12

Marina Bay Sands opens Tao Group nightclub April 12

Feb 22, 2019  

Aristocrat buys PlayerMax digital assets for use in Oasis 360

Aristocrat buys PlayerMax digital assets for use in Oasis...

Feb 22, 2019  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

"We are building momentum and continuing to grow our business while at the same time operating more efficiently"

Barry Cottle

Chief executive and president of casino equipment maker and lottery services supplier Scientific Games



Most Popular

  • Fok link up helps SJM on Macau casino rights: Daisy HoFok link up helps SJM on Macau casino rights: Daisy Ho February 21, 2019
  • Deal to reveal details in Wynn ‘sex misconduct’ probeDeal to reveal details in Wynn ‘sex misconduct’ probe February 21, 2019
  • GEN Singapore 4Q profit up 13pct on gaming revenue jumpGEN Singapore 4Q profit up 13pct on gaming revenue jump February 21, 2019
  • Macau world centre wish needs local resort input: scholarMacau world centre wish needs local resort input: scholar February 20, 2019
Copyright 2014-2019 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us