Bloomberry Resorts Corporation posted a 14% increase in their Q1 net income, reaching PHP2.92 billion (US$50.3 million), a notable rise from PHP2.56 billion in the same period last year. This growth was largely fueled by continued strength in mass-market gaming and sustained domestic demand, especially at the company’s flagship property, Solaire Resort & Casino in Entertainment City.
Total gross gaming revenue (GGR) at Solaire rose by 14% year-on-year, reaching PHP15.71 billion. Breaking it down further, mass table games and electronic gaming machines both saw double-digit gains. The mass table segment jumped 22% to PHP4.74 billion, while electronic gaming machine revenue grew 16% to PHP5.69 billion. In contrast, VIP table game GGR slipped by 1% to PHP5.28 billion, reflecting a softening at the top-tier level even as overall play volumes remained healthy.
Despite the slight dip in VIP revenue, Solaire’s property-wide GGR still managed to deliver a solid increase, showcasing the resilience of Bloomberry’s mass-focused strategy. The company also highlighted that it continues to benefit from strong domestic tourism and increased foot traffic, both of which have helped bolster gaming and non-gaming revenues.
Meanwhile, Solaire North in Quezon City remains on track for a grand opening within the second quarter of this year. Bloomberry expects this new property to drive further growth by expanding its reach beyond the Entertainment City area and tapping into the northern Metro Manila market. The expansion aligns with the company’s broader strategy to diversify its revenue streams and capture a larger share of the growing local demand for integrated resort entertainment.
Looking ahead, Bloomberry emphasized its optimism about the rest of 2025, citing positive economic indicators and consistent demand from both local and international visitors. As the company continues to ramp up operations and prepare for the launch of Solaire North, it remains focused on strengthening its position as a leader in the Philippine casino industry.
With steady gains in the mass market and an ambitious expansion strategy in motion, Bloomberry appears well-positioned for continued growth in the months to come.
