Bloomberry Resorts Corporation has secured a $688 million syndicated refinancing facility, marking a key step in its ongoing financial strategy.

The President, Director and Chief Operating Officer of Bloomberry Resorts Corporation, Thomas Arasi, is retiring from his positions with the company, effective from Tuesday.

Philippine tycoon Dennis Uy’s PH Resorts Group Holdings has partnered with EEI Corporation to revive the long-stalled Emerald Bay Resort and Casino project in Mactan, Cebu.

Embattled PH Resorts Group reported a net loss of PHP392.9 million ($6.7 million) for the nine months ended September 30th, 2024.

Bloomberry Resorts Corporation saw a 22 percent increase in gross gaming revenue (GGR) during the third quarter, with the first full quarter contribution by its new integrated resort Solaire Resort North.

Maybank has revised its net revenue forecasts for Bloomberry Resorts Corporation, lowering its projections by 12 percent for both FY24 and FY25, now estimating PHP51.0 billion ($870 million) and PHP60.3 billion ($1.03 billion), respectively.

Bloomberry Resorts Corporation has successfully completed the refinancing of a $1.24 billion loan, helping lighten its debt burden as Solaire Resort North ramps up.

PH Resorts Group Holdings, Inc. has still not been able to find new suitors for its Emerald Bay project, despite restrictions previously in place due to its previous deal with Tiger Resort Leisure & Entertainment, Inc (TRLEI) having been lifted.

Philippine-based gaming and hospitality group Bloomberry Resorts Corporation, reported a 4 percent year-over-year decline in gross gaming revenue (GGR) to PHP14.5 billion ($254.6 million) for the second quarter of 2024.

Philippine gaming operator Bloomberry Resorts Corporation has issued a clarification note denying news regarding potential expansion plans into the possible future Thai gaming market.