Quantcast
Latest Stories

Solaire fires US managers



MANILA, Philippines—Solaire Resort, the Philippines’ biggest casino, said Friday it had fired its American managers, alleging breach of contract in a dispute that is now under arbitration.

The management contract of Las Vegas-based Global Gaming Asset Management (GGAM) was terminated “because of the material breach of the management services agreement by GGAM,” Solaire’s parent firm said.

“GGAM has not spent any material time in attending to the management of Solaire and has failed to perform its obligations and deliverables under the management services agreement,” listed Bloomberry Resorts Corp. disclosed to the Philippine Stock Exchange.


Follow Us


Follow us on Facebook Follow on Twitter Follow on Twitter


Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Tags: Bloomberry Resorts Corp. , gambling , Solaire , Solaire Resort

  • OFW_Investor

    Gaming is a good business! even with a sub par COO , Soliare is profitable.

  • PinasK0ngMahal

    this is good news. tapos palitan ng mga filipino managers.

  • graveh

    wow ha graveh na talaga ang corruption sa rehimen ni simeon at ang gera sa mindanao hindi matapos tapos. inutil kadiri. eeeeeeeeewwwwwwwwwww

  • marcos_hitler_diktador_tuta

    Baka naman kaya tinanggal e dahil hindi maka-kurakot yong mga Pinoy kung andyan sila.

  • Kronos2

    Why do we have to have US managers to manage a casino here in Philippines when there are Filipino managers who can do the job just as well or even better?

    • http://twitter.com/erncastillo ern

      leave that to the investor. If I have a car, you do not tell me who my driver would be.

      • Kronos2

        Best drivers are pinoys and not wimpy foreigners.



Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
Advertisement
Advertisement

News

  • 16 workers in Batangas sugar cane factory hurt over toxic chemical shower
  • 16 workers in Batangas sugar cane factory hurt over toxic chemical shower
  • Korea ferry captain defends actions, bodies seen in ship
  • Traffic starts to build up at toll plazas on Black Saturday
  • Flash floods hit 9 Tagum villages
  • Sports

  • Hamilton takes pole at Chinese Grand Prix
  • Duke’s Rodney Hood joining Jabari Parker in NBA draft
  • Phelps entered in 3 events at comeback meet
  • Boston prepares for huge wave of marathon visitors
  • Motivated LeBron James preps for postseason
  • Lifestyle

  • Levine designs womenswear with help from fiancee
  • Gabriel Garcia Marquez, Nobel laureate, dies at 87
  • Ford Mustang turns 50 atop Empire State Building
  • Pro visual artists, lensmen to judge Pagcor’s photo contest
  • ‘Labahita a la bacalao’
  • Entertainment

  • Myx TV premieres Asian American ‘docu-series’
  • A nutty finale for ‘Scandal,’ TV’s craziest show
  • EXO postpones release of mini album ‘Overdose’
  • ‘X-men’ filmmaker slams ‘fabricated’ sex attack claims
  • Singer Chris Brown’s bodyguard on trial in DC
  • Business

  • Fiat-Chrysler to produce iconic Jeep in China from 2015
  • US commerce secretary spells out economic facet of ‘pivot to Asia’
  • Italy sells luxury state cars on eBay
  • Asian shares mostly up in quiet trade
  • Dollar up in Asia on US jobs data, Ukraine deal
  • Technology

  • Nasa’s moon-orbiting robot crashes down
  • Netizens pay respects to Gabriel Garcia Marquez
  • Nokia recalls 30,000 chargers for Lumia 2520 tablet
  • Facebook rolls out ‘nearby friends’ feature
  • Netizens seethe over Aquino’s ‘sacrifice’ message
  • Opinion

  • Editorial cartoon, April 17, 2014
  • A humbler Church
  • Deepest darkness
  • ‘Agnihotra’ for Earth’s health
  • It’s the Holy Week, time to think of others
  • Global Nation

  • We treasure our Sierra Madre
  • OFW from UAE tests negative for MERS-Cov–health chief
  • Multicultural flock marks Good Friday in San Francisco
  • Las Vegas ‘Pinoy Pride’ fest hails Filipino heritage
  • Marking Jesus’ journey on Good Friday
  • Marketplace