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The Philippines’ biggest casino announced Monday it had begun raking in huge profits in 12 months of operations, which it said vindicated its decision to sack its American managers. Bloomberry Resorts Corp., operator of Solaire Resorts and Casino, reported a net profit of 1.461 billion pesos ($32.78 million) from January to March. “It is significant that we were able to turn a profit after only a year of operation,” Bloomberry chairman and chief executive Enrique Razon said in a statement. Bloomberry opened the $1.2-billion Solaire on reclaimed land on Manila Bay on March 16 last year.
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