Solaire Resort & Casino

Last updated
Solaire Resort & Casino
Solaire Resort logo.png
Location Entertainment City, Tambo, Parañaque, Philippines
Address 1 Aseana Avenue
Opening dateMarch 16, 2013 (2013-03-16)
No. of rooms
800
  • Phase 1: 488
  • Phase 2: 312
Total gaming space18,500 m2 (199,000 sq ft)
Notable restaurants
  • Finestra
  • Yakumi
  • Red Lantern
  • Fresh
  • Waterside
OwnerBloomberry Resorts and Hotels
Sureste Properties, Inc.
Operating license holder PAGCOR
Coordinates Coordinates: 14°31′23″N120°58′53″E / 14.523166°N 120.981259°E / 14.523166; 120.981259
Website https://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]

Contents

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. The Bay and Sky Tower features a 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] The project includes a second parking building, and "The Theatre at Solaire", with 1,740 seats and retail space of 60,000 square meters. [6]

Solaire Resort & Casino was managed under a five-year contract by American firm Global Gaming Asset Management, [7] (which owned a 9 percent stake in the project [8] ) until September 2013. [9] Solaire's COO Michael French was replaced by former Marina Bay Sands CEO Thomas Arasi. [10]

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. [11] [12]

Solaire Resort & Casino was designed by architect and designer Paul Steelman of Las Vegas-based Steelman Partners [13] with interior design provided by Steelman Partners affiliate company DSAA (Dalton, Steelman, Arias & Associates) and the interior lighting design by affiliate shop12. [14]

See also

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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” Wall Street Journal. Retrieved 20 May 2012
  3. ^“Enrique Razon’s Shipping Play” Forbes. Retrieved 20 May 2012
  4. "Manila challenges Macao with $1.2b casino". Investvine.com. 2013-03-16. Retrieved 2013-03-17.
  5. “Razon’s Bloombury project on track” Philippine Daily Inquirer. Retrieved 20 May 2012
  6. "Bloomberry aims to complete first expansion of Solaire in Q3 2014". BusinessMirror. Archived from the original on March 24, 2013. Retrieved March 19, 2013.
  7. James A. Loyola (5 April 2012). "Bloomberry Taps GGAM For Casino". Manila Bulletin. Retrieved 2012-12-31.
  8. Jenniffer B. Austria (27 December 2012). "Global Gaming acquires 8.7% of Bloomberry". Manila Standard Today. Retrieved 2012-12-31.
  9. Doris C. Dumlao (13 September 2013). "Bloomberry fires Solaire COO". Philippine Daily Inquirer. Retrieved 2013-10-03.
  10. Jennifer B. Austria (2 October 2013). "Solaire hires ex-Marina Bay Sands chief". Manila Standard. Retrieved 2013-10-03.
  11. Miravite, Myke (2 January 2015). "Solaire, SM Group propose to build stadiums to boost PH's FIBA World Cup hosting bid". Rivals.ph. Retrieved 25 March 2015.
  12. Joble, Rey (4 January 2015). "Multi-million coliseum to be put up by US-designed team". Business World Online. Retrieved 25 March 2015.
  13. "Bloomberry's Solaire Resort & Casino to open in March". abs-cbnnews.com. Retrieved 8 February 2013.
  14. "Steelman Partners Announces the Creation of Several New Companies". Archived from the original on 4 October 2013. Retrieved 17 April 2013.