Local Officials Barred from Solaire Resort North Casino in the Philippines
When the Solaire Resort North casino in the Philippines opens later this month, the Quezon City property already knows it won't be able to count on generating revenue from a significant portion of the local economy. Local government employees are automatically barred from entering the facility.
The Solaire Resort North property in Quezon City, Philippines. (Source: Solaire Resort North)
LISTEN TO THIS ARTICLE:In a move to prevent conflicts of interest, Quezon City Mayor Josefina Belmonte has announced a sweeping mandate that bars all officials and employees of her administration from entering the latest Bloomberry Resorts Corp casino. The topic came up during the first day of the first-ever International Conference on Responsible Gambling and Gaming Addiction, which runs from May 20 to 22 in Quezon City, according to local media outlet Manila Standard.
Related: New Solaire Casino in the Philippines to Open in 2024The prohibition is comprehensive, extending to approximately 19,000 government employees, underscoring the administration's commitment to ethical governance and the avoidance of potential impropriety. Integral to the casino's operation and the city's regulatory framework is the implementation of advanced facial recognition technology. In a groundbreaking deal with the city government, Solaire Resort North will deploy this technology to enforce the ban on city employees.
The system is sophisticated enough to identify individuals attempting to circumvent the ban using disguises such as wigs, masks and other identity-concealing items. This measure not only reinforces the ban but also showcases the resort's commitment to responsible gambling and the use of cutting-edge technology to ensure a secure environment for all patrons.
The implications of this mandate are far-reaching. It serves as a proactive measure to maintain public trust in the city's officials and employees, ensuring that their actions remain above reproach. The use of facial recognition technology in this context is a clear indication of the city's forward-thinking approach to governance and its dedication to leveraging technology for the public good.
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Solaire a Prime Target for Bloomberry
The Solaire Resort North is not just another casino; it represents a significant investment in the city's entertainment and tourism sector. Slated to open its doors on May 25, the $1 billion development spans 3.7 acres and is poised to become a landmark destination in Quezon City.
With 526 rooms and suites, the resort promises an unparalleled guest experience, complemented by over 163 gaming tables and 2,600 electronic gaming machines spread across four levels of gaming space. The resort's opening is eagerly anticipated, with expectations of it fully ramping up operations by 2026.
By the end of this year, Solaire Resort North will already be a major contributor to Bloomberry's bottom line. This past March, analysts with Maybank Securities said that the property could provide as much as 9% of the company's gross gaming revenue for this year, increasing to 14% in 2025. Once Solaire Resort North is fully operational the following year, it could reach above 20%.RELATED TOPICS: Business
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