Major Leadership Change at Bloomberry Resorts: Thomas Arasi Steps Down Amid Company Expansion
Manila, Philippines – December 17, 2024 – Bloomberry Resorts Corp, a leading player in the Philippine gaming and hospitality sector, announced today that Thomas Arasi has resigned from his positions as president, chief operating officer (COO), and member of the board of directors. The company made this announcement through a filing on Tuesday, confirming that Arasi’s retirement comes for personal reasons and is effective immediately.
At 63 years old, Arasi has been a pivotal figure in Bloomberry’s operations, helping to guide the company in its growth and expansion in the competitive gaming market. In addition to his role at Bloomberry Resorts Corp, he has also served in senior positions at the company’s subsidiary, Bloomberry Resorts and Hotels Inc., as well as various other subsidiaries within the group.
Bloomberry Resorts is well-known for its flagship property, Solaire Resort & Casino, located in Manila, which has been a cornerstone of the company’s operations. Earlier this year, in May 2024, the company expanded its portfolio by opening Solaire Resort North, a new gaming complex with slots and table games situated in Quezon City, northeast of the capital. This expansion reflects Bloomberry’s commitment to enhancing its offerings and maintaining a competitive edge in the flourishing Philippine gaming sector.
The company has not yet announced plans for Arasi’s replacement or how the transition will affect ongoing and future operations.
As Bloomberry continues to grow and adapt in the evolving market landscape, the leadership change comes at a critical time as gaming companies navigate the challenges and opportunities presented by both domestic and international competition.
For more updates on Bloomberry Resorts and the broader gaming industry in the Philippines, stay tuned for further announcements.