PRESIDENT AND COO
Bloomberry Resorts
PRESIDENT AND COO
Solaire Resort and Casino
POWER SCORE: 630
POSITION LAST YEAR: 42
CLAIMS TO FAME
• Trusted confidante of Bloomberry owner Enrique Razon Jr
• Serves as President, COO and Director of parent company Bloomberry
SINCE joining Bloomberry Resorts as President and COO of Solaire Resort and Casino in late 2013, Tom Arasi has been instrumental in positioning the pioneering Philippines resort as market leader in the most dynamic and fastest growing region in Asia.
With 36% of market share, Solaire has set the standard for its Entertainment City rivals and, perhaps against the odds, established Manila as a gaming destination of choice. Not bad for a company with zero previous experience in gaming.
Solaire’s gaming revenues have been rocketing skywards for the best part of four years now, reaching quarterly GGR of Php14.62 billion (US$281 million) and record EBITDA of Php5.0 billion (US$96 million) in the three months to 30 June 2018.
Naturally, expansion has become a priority. Bloomberry recently began development of a US$300 million cruise ship terminal alongside Solaire that will accommodate up to two mega-cruise liners at a time and, conveniently, provide their passengers with easy access to its flagship casino resort.
The company is also set to break ground on its second Manila IR, Solaire North, in Quezon City, proving you can’t have too much of a good thing.
For the full list of 2019 Asian Gaming Power 50 winners, click here.
