{"id":8324,"date":"2014-04-29T14:03:33","date_gmt":"2014-04-29T06:03:33","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=8324"},"modified":"2014-04-29T14:05:25","modified_gmt":"2014-04-29T06:05:25","slug":"solaire-gains-p1-46-billion-profit-in-q1","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2014\/04\/29\/solaire-gains-p1-46-billion-profit-in-q1\/","title":{"rendered":"Solaire gains P1.46 billion profit in Q1"},"content":{"rendered":"<p><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/04\/solaire.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-8325\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/04\/solaire.jpg\" alt=\"solaire\" width=\"250\" height=\"250\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/04\/solaire.jpg 250w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/04\/solaire-150x150.jpg 150w\" sizes=\"auto, (max-width: 250px) 100vw, 250px\" \/><\/a><\/p>\n<p><em>Photo: Facebook Page of Solaire Resort<\/em><\/p>\n<p>&nbsp;<\/p>\n<p>From the 1.056-billion-peso loss last year, Solaire Resorts and Casino, the Philippines&#8217; biggest casino, had reported a net profit of 1.461 billion pesos ($32.78 million) from January to March.<\/p>\n<p>This was announced by the Bloomberry Resorts Corp., operator of Solaire Resorts and Casino on Monday, April 28.<\/p>\n<p>&#8220;It is significant that we were able to turn a profit after only a year of operation,&#8221; Bloomberry chairman and chief executive Enrique Razon said in a statement.<\/p>\n<p>Razon underscored that Solaire gained early profits after firing the casino&#8217;s American managers last year.<\/p>\n<p>&#8220;This is proof positive that the group, without a third-party management company, has the ability and the acumen to manage an integrated resort,&#8221; Razon said.<\/p>\n<p>Solaire was just the first of four, billion-dollar casinos to rise on the government property, which is in line with the government\u2019s goal to become Asia&#8217;s third major gambling hub alongside Macau and Singapore.<\/p>\n<p>It opened last March 16, 2013.<\/p>\n<p>The government is confident that the tourist arrivals will increase because of gaming resorts like Solaire.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Photo: Facebook Page of Solaire Resort &nbsp; From the 1.056-billion-peso loss last year, Solaire Resorts and Casino, the Philippines&#8217; biggest &hellip;<\/p>\n","protected":false},"author":44,"featured_media":8325,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,1145],"tags":[2673,2672],"class_list":["post-8324","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-headline","tag-profit","tag-solaire","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/8324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=8324"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/8324\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/8325"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=8324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=8324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=8324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}