• 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
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Over 7.9mln Bloomberry shares vested to some senior execs

May 18, 2022 Newsdesk Latest News, Philippines, Top of the deck  


Over 7.9mln Bloomberry shares vested to some senior execs

Bloomberry Resorts Corp – the operator of Solaire Resort and Casino (pictured) in the Philippine capital Manila – on Wednesday announced in a series of filings, that an aggregate of just over 7.9 million shares had vested to some senior executives under the group’s stock incentive plan.

The shares vested were priced at PHP6.50 (US$0.12) each, according to the filings.

The largest single award went to the company’s president and chief operating officer, Thomas Arasi, who saw 3.86 million shares vested. Cyrus Sherafat, executive vice president for casino marketing at Bloomberry Resorts, saw over 1.58 million shares vested.

The casino operator had reported that its first-quarter consolidated net revenue reached PHP7.20 billion, representing sequential growth of 9.1 percent, and a year-on-year growth of 30.4 percent.

Bloomberry Resorts’ Solaire property is among the large-scale private-sector casinos in the Entertainment City zone in Metro Manila, a part of the country that had been periodically subject to business restrictions in the first quarter, as a Covid-19 countermeasure.

Since March 1, casino resorts have been allowed to operate at full capacity, as Metro Manila was placed under “alert level 1”, the lowest level of countermeasures against Covid-19.


  • tweet
Related articles
  • Bloomberry plans 3rd Philippine casino, coastal near Manila
    Bloomberry plans 3rd Philippine casino,...

    May 19, 2022  

  • Bloomberry 1Q consolidated net revenue up 9pct q-o-q
    Bloomberry 1Q consolidated net revenue...

    May 13, 2022  

More news
  • Sega Sammy to launch Genesis Crest 43J cabinet in Asia
    Sega Sammy to launch Genesis Crest 43J...

    Jul 01, 2022  

  • Macau monthly GGR for June worst since Sept 2020
    Macau monthly GGR for June worst since...

    Jul 01, 2022  


Latest News

Sega Sammy to launch Genesis Crest 43J cabinet in Asia

Sega Sammy to launch Genesis Crest 43J cabinet in Asia

Jul 01, 2022  

Casino equipment supplier Sega Sammy Creation Inc said in a Friday release it was debuting its Genesis Crest 43J cabinet in Asia. The product will be available at an in-person trade show, G2E Asia:...
Read More
Macau monthly GGR for June worst since Sept 2020

Macau monthly GGR for June worst since Sept 2020

Jul 01, 2022  

Kangwon 2021 average bet 61pct above foreigner casinos

Kangwon 2021 average bet 61pct above foreigner casinos

Jul 01, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


638

Aggregate number of Covid-19 cases in the latest Macau outbreak, as of Thursday-end



Most Popular

  • 5-casino Thai market ok says National Assembly committee5-casino Thai market ok says National Assembly committee June 30, 2022
  • Macau tells casinos cut on-duty staff by 90pct: reportsMacau tells casinos cut on-duty staff by 90pct: reports July 1, 2022
  • Macau drops 48hr nucleic acid test for casino staff, guestsMacau drops 48hr nucleic acid test for casino staff, guests June 30, 2022
  • Universal hopes Okada Manila biz listed before Sept 30Universal hopes Okada Manila biz listed before Sept 30 June 30, 2022
  • Only 2 Macau satellites closed as concessions extendedOnly 2 Macau satellites closed as concessions extended June 29, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us