Filipino business magnate and Solaire operator Enrique Razon Jr. is set to put up another entertainment center in the Jeju Island, South Korea following his company’s acquisition of a hotel and casino there.
In a disclosure filed with the Philippine Stock Exchange, Razon’s Bloomberry Corp said it now runs the Jeju Sun Hotel & Casino, which was previously owned by Solaire Korea. This is Bloomberry’s very first overseas project.
“We are very excited to introduce Jeju Sun Hotel & Casino starting out with the re-opening of this world-class casino after only less than four months. This is our first operating overseas property, and we exerted much effort to put in place the ambiance and amenities that would enrich the gaming experience,” Bloomberry chairman and CEO Enrique K. Razon Jr. said in the disclosure.
The property is expected to re-open this month after the completion of the first phase of its multi-stage refurbishment, which started last May. All renovations are expected to finish by December.
The newly refurbished casino will be open to foreign guests only. Facilities will include the latest state-of-the-art table games, electronic gaming equipment, as well as a bar and lounge.
The casino resort will have 208 rooms and suites, 2,125 square meters of gaming space, the best dining options that will feature local and international cuisine, and other hotel facilities with world-class services.
The new Jeju Sun Casino is only five minutes away from Jeju International Airport.
“The Jeju Sun Casino, with its professional dealers, entertaining atmosphere and new Players Club reward system, is seen to enhance the travel experience while in Jeju,” Bloomberry said.
Aside from the Jeju Sun Hotel & Casino, Bloomberry also signed a deal to acquire two islands in South Korea, namely Silmi Island and Muui Island.