Solaire in the spotlight: expansion and opportunities – Interview with Thomas Arasi

Solaire Resort & Casino, owned by Bloomberry Resorts, was the first IR to open its doors in Entertainment City. The $1.2 billion property, on an 8.2 hectare site, made its debut in March 2013 and expanded with the opening of the Sky Tower in late 2014. The company is now looking at further expansion with a resort in Quezon City, adjacent to Manila. The most recent available figures for Solaire have shown strong growth, with record Q3 mass table drop and gross gambling revenue from electronic gaming machines; VIP volumes slipped a bit year-on-year but increased nicely on a sequential basis. President & Chief Operating Officer Thomas Arasi spoke to AGB about his views on the market and future expansion plans. AGB: When do you expect to begin construction on the Quezon City resort? Our design development team has been progressing well with many factors being considered. High on this list of factors...

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