Bloomberry Resorts Corp., a Philippines land-based gaming operator, is preparing to launch an online platform aimed at expanding its presence in the electronic gaming market.
The company, which owns and operates Solaire Resort Entertainment City, Solaire Resort North, and Jeju Sun Hotel & Casino (in South Korea), revealed that this new platform is being developed to target a broader audience.
According to local media, Bloomberry announced the plan just days after releasing its 2024 financial results. The firm stated that the online gaming platform ‘will compete directly with offerings from other electronic gaming license holders, including BingoPlus, the online casino brand developed by DigiPlus Interactive Corp’.
DigiPlus, a digital entertainment company chaired by Eusebio Tanco, has experienced consistent financial growth and rising investor confidence. The company’s success is attributed to its strong market presence and immersive, culturally resonant gaming experiences.
In 2024, DigiPlus reported a net income of PHP12.6 billion ($220 million), marking a 207 percent year-over-year growth — a sharp contrast to Bloomberry’s significant profit decline in the same period.
Bloomberry flags dividend
Despite financial headwinds, Bloomberry declared a dividend in a filing on Monday.
The Board announced a cash dividend of PHP0.0847 ($0.0015) per share, payable on April 3rd, 2025, to stockholders on record as of March 25th, 2025.
Last week, Bloomberry reported its 2024 financial results, showing a 73 percent decline in earnings to PHP2.6 billion ($46 million). The decrease was attributed to weaker performance at Solaire Resort Entertainment City and higher costs associated with the newly opened Solaire North, which impacted the company’s overall financial performance.
