Bloomberry swings to full-year net loss

MANILA, Philippines — Bloomberry Resorts Corp. swung to a P2.6-billion net loss in 2025, reversing the P2.6-billion net income recorded a year earlier as weaker VIP gaming activity weighed on earnings.  In a disclosure on Friday, the Enrique Razon-led firm said consolidated earnings before interest, taxes, depreciation and amortization (Ebitda) fell 39 percent to P10.2 billion, from P16.6 billion in 2024. READ: Bloomberry completes sale of casino in South Korea This was mainly due to lower earnings from its flagship Solaire Resort Entertainment City property.  For the year, gross gaming revenue (GGR) slipped 3 percent to P59.8 billion from P61.7 […]... Keep on reading: Bloomberry swings to full-year net loss