Philippine-listed casino operator Bloomberry Resorts has recently sparked a market sensation with the launch of its digital gaming platform MegaFUNalo, causing its stock price to surge over 23% in the past week. Data shows that the company was the most actively traded on the Philippine Stock Exchang
Bloomberry Resorts Corporation announced plans to launch a new electronic gaming platform in the second quarter of 2025, as part of its strategy to compensate for the losses caused by the withdrawal of Philippine offshore gaming operators.Chairman and CEO Enrique Razon stated that the platform is cu
The rise in GGR was mainly attributed to the Solaire Resort North.The Philippines.- Casino operator Bloomberry Resortshas shared itsfinancial resultsfor the year 2024. It reported gross gaming revenue (GGR) of PHP61.7bn (US$1.08bn). That’s an increase of 6 per cent in year-on-year terms. The growth
The proposal aims to increase the annual total to USD 500,000. Additionally, the racetrack was urged to pay its debt and it is proposed to establish severe fines should this occur again.Puerto Rico.- Representative José Aponte Hernández announced that he will introduce a bill in the next legislativ
Maybank expects Bloomberry Resorts to face several challenges in 2025, especially at its Solaire Entertainment City casino.The Philippines.- Analysts atMaybank Investment Bankhavelowered their full-year 2025 consolidated net revenue forecastfor Bloomberry Resorts by 16.9 per cent to PHP50.1bn (US$85
Brokerage Maybank Securities Inc has reduced by 16.9 percent its estimate for 2025 consolidated net revenue at Philippine casino group Bloomberry Resorts Corp, saying the firm is likely to be in a “challenged” business environment this year, “particularly” for its flagship Solaire Resort & Casin
Morgan Stanley, based on data from PAGCOR, calculated that the annualized gross gaming revenue (GGR) of online gambling in the Philippines will reach about $2.4 billion in the third quarter of 2024, accounting for 70% of the country's land-based gambling GGR.This ratio has risen from about 40% in th
A unit of Philippine casino developer and promoter Bloomberry Resorts Corp has sold 250,000 shares of the parent’s stock at market price, “as a reward” to “loyal patrons” of the group’s Solaire casino brand.That is according to a Friday filing by the parent to the Philippine Stock Exchange.Its unit,
Hawkins previously led Solaire North.The Philippines.- Bloomberry Resorts Corporation (BLOOM) has announced that its operating subsidiary, Bloomberry Resorts and Hotels (BRHI), has appointed Gregory Francis Hawkins as acting chief operating officer (COO). Hawkins, who previously led Solaire North, h
Bloomberry said Arasi was stepping down for personal reasons.The Philippines.- Bloomberry Resorts has announced through a company filing that Thomas Arasi has stepped down as president, chief operating officer (COO) and as a member of the board of directors. The company said his resignation was for
The net loss was a result of lower EBITDA and higher depreciation and amortisation and interest expense associated with Solaire North.The Philippines.- Casino operatorBloomberryhas shared itsfinancial resultsfor the third quarter of the year. It reported a net loss of PHP470.2m (US$8m), compared wit
Philippines-listed Bloomberry Resorts Corp reported a consolidated net loss of under PHP470.2 million (US$8.0 million) for the three months to September 30, compared with a PHP1.95-billion profit a year earlier. It compared with a profit of PHP1.34 billion in the second quarter this year.The informa
Maybank Securities Inc has cut its net revenue forecasts for Philippines-listed Bloomberry Resorts Corp (BLOOM) for full-year 2024 and full-year 2025. It cited softness in gross gaming revenue (GGR) and in recent times “fewer fly-in Chinese VIP players” at the casino operator’s flagship property, So
The supplier will offer Bloomberry and the Solaire brand access to a range of the firm’s best-in-class technology solutions, such as its iGaming platform CoreX, and AI tools LogicX and DataX. Relevant iGaming supplier Gaming Innovation Group (GiG) has secured a long-term deal with Bloomberry Resorts
Gaming Innovation Group Software Plc (GiG), a business-to-businessiGaming technology provider, says it has secured a “long-term agreement” with Philippines-listed casino operator Bloomberry Resorts Corp and that group’sbrand “Solaire Resorts”. Under the deal, GiG will provide the casino group with a
The main honorees of the event will be the sellers from the entity.Puerto Rico.- Next Saturday, September 28, at the Cataño Waterfront, the 90th anniversary of the Traditional Lottery of Puerto Rico will be commemorated with a large family show dedicated to the ticket-selling agents.The Secretary of