Bloomberry Reports Q1 Loss Amid Soft VIP Gaming and Jeju Sun Exit

Bloomberry Resorts Corporation, the Philippine operator behind Solaire Resort Entertainment City and Solaire Resort North, posted a net loss of Php125 million in the first quarter of 2026, reversing a Php3.3 billion profit in the same period last year. The decline primarily reflects subdued performance in high-stakes VIP and premium mass gaming at its flagship Entertainment City property, as well as the absence of last year’s one-off gains from refinancing. Chairman and CEO Enrique K. Razon Jr. noted, “The first three months […] The post Bloomberry Reports Q1 Loss Amid Soft VIP Gaming and Jeju Sun Exit appeared first on World Casino News.

May 15, 2026 - 09:20
Bloomberry Reports Q1 Loss Amid Soft VIP Gaming and Jeju Sun Exit

Bloomberry Resorts Corporation, the Philippine operator behind Solaire Resort Entertainment City and Solaire Resort North, posted a net loss of Php125 million in the first quarter of 2026, reversing a Php3.3 billion profit in the same period last year. The decline primarily reflects subdued performance in high-stakes VIP and premium mass gaming at its flagship Entertainment City property, as well as the absence of last year’s one-off gains from refinancing. Chairman and CEO Enrique K. Razon Jr. noted, “The first three months […]

The post Bloomberry Reports Q1 Loss Amid Soft VIP Gaming and Jeju Sun Exit appeared first on World Casino News.