Bloomberry’s casino project, Solaire North, in Quezon City is set to open late in May of this year, updates the group’s CEO and Chairman, which is about a two-month pushback from the previously scheduled opening in March of this year.

Philippine gaming operator Bloomberry Resorts has reported consolidated net income of PHP9.5 billion ($170 million) for 2023, an 85 percent increase from PHP5.1 billion ($91 million) in 2022.

Maybank analyst cuts Bloomberry Resorts FY24 forecast due to a gaming revenue slowdown, in particular in VIP.

DigiPlus Interactive Corp, a Philippine retail gaming provider, has claimed the top spot on the Philippine Stock Exchange (PSE), outperforming nearly 300 listed companies in terms of stock price growth. Other PSE-listed gaming operators also recorded positive results in their stock prices last year.

Bloomberry Resorts Corp. has reported robust results in the first three quarters of the year, as its net income surged 106 percent from PHP4 billion ($71 million) to PHP8.3 billion ($148 million).

Philippine gaming operator Bloomberry Resorts has increased the percentage of its public ownership from 33.9 percent to 37 percent, the group indicated in a recent dispatch.

In its latest market report, Morgan Stanley (MS) has identified investment opportunities in the Philippines gaming industry. In this comprehensive report, MS states that "the Philippines is among the most overlooked by Emerging Market investors, who have been underweight in the market for the last five years."

Bloomberry Resorts Corp. has reported that its total gross gaming revenue (GGR) at Solaire in the first half of the year reached PHP 31.2 billion ($554 million), marking a 41 percent increase from 1H22. The domestic market has primarily driven this growth. The figure represents 110 percent of the level recorded in the first half 2019.

Solaire Resort & Casino operator, Bloomberry Resorts, has recorded a 338 increase in net income for 1Q23, topping PHP3 billion ($54 million), as the company’s revenue, EBITDA, and net income breached pre-pandemic 1Q19 levels.

The operator of the Solaire Resort & Casino, Bloomberry Resorts, saw yet another strong quarter to finish out the year, returning the company to profitability in 2022 – posting profits of PHP5.1 billion ($92.28 million), compared to a loss of PHP4.2 billion ($76 million) in 2021.