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Solaire Resort & Casino

From Wikipedia, the free encyclopedia

Solaire Resort & Casino
The casino in 2013
Location Entertainment City, Tambo, Parañaque, Philippines
Address 1 Aseana Avenue
Opening dateMarch 16, 2013; 10 years ago (2013-03-16)
No. of rooms
800
  • Phase 1: 488
  • Phase 2: 312
Total gaming space18,500 m2 (199,000 sq ft)
Notable restaurants
  • Food Court
  • Finestra
  • Yakumi
  • Red Lantern
  • Fresh
  • Waterside
  • Oasis
  • Kiwa
  • The Patisserie
  • Lucky Noodles
  • Solaire Food Bar & Grill
OwnerBloomberry Resorts and Hotels
Sureste Properties, Inc.
Operating license holderPAGCOR
Coordinates14°31′23″N 120°58′53″E / 14.523166°N 120.981260°E / 14.523166; 120.981260
Websitehttps://www.solaireresort.com/

Solaire Resort & Casino (formerly known as Solaire Manila) is a resort and casino in Entertainment City, a massive complex built along the Bay City area of Parañaque, in Metro Manila, Philippines.[1]

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Transcription

Overview

Solaire Resort & Casino was the first development to break ground in PAGCOR's Entertainment City, a massive integrated resort envisioned by former PAGCOR Chairman Ephraim Genuino for the Manila Bay area. The 120-hectare (300-acre) reclaimed area was designated as a special economic zone by the Philippine Economic Zone Authority.[2]

The resort is run by Bloomberry Resorts Corporation, headed by Enrique K. Razón, Jr., chairman of the Manila-based company, International Container Terminal Services Incorporated.[3] The project required an investment commitment of $1.2 billion pursuant to a casino license from PAGCOR.[4]

History

After Resorts World Manila was built in August 2009, the state-run Philippine Amusement and Gaming Corporation (PAGCOR) issued a provisional license to Bloomberry Resorts and Hotels Incorporated; the facility was launched as "Solaire Manila", and broke ground in July 2010. The hotel tower was topped out in June 2012 alongside a parking garage.

In October 2012, Solaire Manila was renamed "Solaire Resort & Casino" and Phase 1 was completed in the first quarter of 2013. Leading the official opening of Solaire Resort and Casino were President Benigno Aquino III, Bloomberry Resorts Corporation Chairman and CEO Enrique K. Razon Jr., Chairman of PAGCOR Cristino Naguiat Jr. and other guests, inaugurating the casino resort at 15:00 PST (GMT+8) on March 16, 2013–exactly 492 years after Ferdinand Magellan had arrived in the Philippines.

Development

The complex, covering a total of 8.3 hectares (21 acres), houses two 17-storey five-star hotels.[citation needed] Bay Tower and Sky Tower features total of 800 rooms, suites and villas. Solaire features a column-free grand ballroom which can accommodate a maximum of 1,300 guests. The Forum features 8 function rooms and 2 boardrooms with audiovisual equipment. The complex includes 18,500 square metres (199,000 sq ft) gaming area containing 1,620 slot machines and 360 gaming tables. The complex features convention facilities as well as leisure, live entertainment, dining and retail hubs.[5] In retail, there is a mall called The Shoppes at Solaire operated by Ayala Land Inc. It features luxury brands such as Dior, Givenchy, and Louis Vuitton.[6] The project includes a second parking building, and "The Theatre at Solaire", with 1,740 seats and retail space of 60,000 square meters.[7]

Solaire Resort & Casino was managed under a five-year contract by American firm Global Gaming Asset Management,[8] (which owned a 9 percent stake in the project[9]) until September 2013.[10] Solaire's COO Michael French was replaced by former Marina Bay Sands CEO Thomas Arasi.[11]

An arena which is to be part of the casino complex, was planned to be among the proposed venues for the Philippine hosting bid for the 2019 FIBA World Cup.[12][13]

Solaire Resort & Casino was designed by architect and designer Paul Steelman of Las Vegas-based Steelman Partners[14] with interior design provided by Steelman Partners affiliate company DSAA (Dalton, Steelman, Arias & Associates) and the interior lighting design by affiliate shop12.[15]

See also

References

  1. ^ "Solaire Resort & Casino to open by 1st quarter of 2013". ABS-CBN News. Retrieved March 13, 2013.
  2. ^ “Making a Play for Philippines as a Gambling Mecca” [1] Wall Street Journal. Retrieved May 20, 2012
  3. ^ ^“Enrique Razon’s Shipping Play”[2] Forbes. Retrieved May 20, 2012
  4. ^ "Manila challenges Macao with $1.2b casino". Investvine.com. March 16, 2013. Retrieved March 17, 2013.
  5. ^ “Razon’s Bloombury project on track” [3] Philippine Daily Inquirer. Retrieved May 20, 2012
  6. ^ "Philippines' Ayala Land to operate mall at $1.2 billion Solaire casino venture". Reuters. May 13, 2014. Retrieved May 7, 2023.
  7. ^ "Bloomberry aims to complete first expansion of Solaire in Q3 2014". BusinessMirror. Archived from the original on March 24, 2013. Retrieved March 19, 2013.
  8. ^ James A. Loyola (April 5, 2012). "Bloomberry Taps GGAM For Casino". Manila Bulletin. Retrieved December 31, 2012.
  9. ^ Jenniffer B. Austria (December 27, 2012). "Global Gaming acquires 8.7% of Bloomberry". Manila Standard Today. Retrieved December 31, 2012.
  10. ^ Doris C. Dumlao (September 13, 2013). "Bloomberry fires Solaire COO". Philippine Daily Inquirer. Retrieved October 3, 2013.
  11. ^ Jennifer B. Austria (October 2, 2013). "Solaire hires ex-Marina Bay Sands chief". Manila Standard. Retrieved October 3, 2013.
  12. ^ Miravite, Myke (January 2, 2015). "Solaire, SM Group propose to build stadiums to boost PH's FIBA World Cup hosting bid". Rivals.ph. Retrieved March 25, 2015.
  13. ^ Joble, Rey (January 4, 2015). "Multi-million coliseum to be put up by US-designed team". Business World Online. Retrieved March 25, 2015.
  14. ^ "Bloomberry's Solaire Resort & Casino to open in March". abs-cbnnews.com. Retrieved February 8, 2013.
  15. ^ "Steelman Partners Announces the Creation of Several New Companies". Archived from the original on October 4, 2013. Retrieved April 17, 2013.

External links

Wikimedia Commons has media related to Solaire Resort & Casino.
This page was last edited on 26 September 2023, at 06:03
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