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Enrique K
Enrique K
Background
• Razon's grandfather established
Manila’s main port in South Harbor. He
shares the same name with his father,
Enrique Razon, who built the business
through World War II.[5]
maternal family name is Klar and In 2010, Henry Sy, Jr.’s OneTaipan
the surname or paternal family acquired 100 percent of Monte Oro
name is Razon. Resources Grid for USD350 million. The
the Chairman and CEO of the Manila- of the National Grid Corporation of the
Terminal Services, Inc. (ICTSI), the That same year, Razon invested an
Philippine port-handling giant. As of additional USD200 million in Bloomberry
2012, he was the third richest Filipino, a Investments Holdings, Inc. Bloomberry
four-place jump from the previous year's is just one of four gaming companies
ranking, mainly because of his stake in that were granted casino licenses by
Bloomberry Resorts and Hotels.[3] On
the Philippine Amusement and Gaming facilities of the Enrique M. Razon Sports
Corporation (PAGCOR) for the Complex, named after his father; P20
upcoming Entertainment City.[3] million for athletic scholarships; and P5
million for a sports solidarity fund.
Also in the same year, Razon
sold Manila Standard for P100 million
to Leyte Rep. Martin Romualdez, whose Enrique K. Razon
In 2003, Razon donated P50 million for Children 2 Katrina (born 1991)
DLSU’s sports development. The P50
million pesos were broken down into the Parent(s) Enrique M. Razon
following: P25 million for equipment and
Solaire Resort & The resort is run by Bloomberry Resorts
and Hotels Incorporated, a subsidiary of
Casino Sureste Properties, Inc. (formerly
Bloombury Investments Holdings Inc),
•Solaire Resort & Casino (formerly headed by Enrique K. Razón, Jr.,
known as Solaire Manila) is a resort chairman of the Manila-based company,
and casino in Entertainment City, a International Container Terminal
massive complex built along the Bay Services Incorporated.[3] The project
City area of Parañaque, in Metro required an investment commitment of
Manila, Philippines by way of a $1.2 billion pursuant to a casino license
proclamation for tourism by H.E. from PAGCOR.
President Gloria Macapagal-Arroyo. The
complex, which includes a five-star hotel History
with a total of 800 guest rooms, suites After Resorts World Manila was built in
and villas. Solaire Resort and Casino is August 2009, the state-run Philippine
the first of 4 casino resorts to open in Amusement and Gaming
the area, and was opened on March 16, Corporation (PAGCOR) issued a
2013, and is currently the tallest hotel in provisional license to Bloomberry
the Manila Bay area outside the City of Resorts and Hotels Incorporated; the
Manila—a distinction previously held facility was launched as "Solaire
by Sofitel Philippine Plaza.[1] Manila", and broke ground on July 2010.
The hotel tower was topped out in June
• Solaire Resort & Casino is the first
2012 alongside a parking garage.
development to break ground in
PAGCOR's Entertainment City, a In October 2012, Solaire Manila was
massive integrated resort envisioned by renamed "Solaire Resort & Casino" and
Genuino by the Manila Bay. The 120- quarter of 2013. Leading the official
hectare (300-acre) reclaimed area has opening of Solaire Resort and Casino