{"id":48842,"date":"2022-03-07T10:13:22","date_gmt":"2022-03-07T10:13:22","guid":{"rendered":"https:\/\/gaming-awards.com\/NEWS\/?p=48842"},"modified":"2022-03-07T10:53:00","modified_gmt":"2022-03-07T10:53:00","slug":"bloomberry-reports-annual-results","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/bloomberry-reports-annual-results\/","title":{"rendered":"Bloomberry Reports Annual Results"},"content":{"rendered":"

\"\"Bloomberry Resorts the Philippine casino operator announced its 4th<\/sup> quarter results showing a healthy increase from PHP129.3 million\u00a0in the fourth quarter of 2020 to PHP1.9 billion (US$36.4 million) before interest, taxation, depreciation and amortisation (EBITDA) \u00a0in the last quarter of 2021.<\/p>\n

The casino operator runs the Solaire Resort and Casino in Manila and is due to open their second resort in the second half of 2023 and also operates a South Korean casino but is currently closed.<\/p>\n

Gross Gaming Revenues for Q4 of 2021 hit PHP8.0 billion that is a rise of 50% compared to the same period a year ago and was helped by the easing of restrictions on capacity due to COVID regulations.<\/p>\n

For the full year Bloomberry reports full net revenues of PHP22.0 billion for 2021 which is a rise of 23.8% on the previous year\u2019s revenues and consolidated EBITDA rose by 264.6% to PHP5.2 billion for 2021 compared the 2020, however the company reported a net loss of PHP4.2 billion for the year but was an improvement on the previous year which stood at PHP8.3 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bloomberry Resorts the Philippine casino operator announced its 4th quarter results showing a healthy increase from PHP129.3 million\u00a0in the fourth quarter of 2020 to PHP1.9 billion (US$36.4 million) before interest, taxation, depreciation and amortisation (EBITDA) \u00a0in the last quarter of 2021. The casino operator runs the Solaire Resort and Casino in Manila and is due […]<\/p>\n","protected":false},"author":3,"featured_media":31297,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,11,8,7],"tags":[],"class_list":["post-48842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gaming","category-headlines","category-latest","category-macau"],"yoast_head":"\nBloomberry Reports Annual Results - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/bloomberry-reports-annual-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bloomberry Reports Annual Results - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"Bloomberry Resorts the Philippine casino operator announced its 4th quarter results showing a healthy increase from PHP129.3 million\u00a0in the fourth quarter of 2020 to PHP1.9 billion (US$36.4 million) before interest, taxation, depreciation and amortisation (EBITDA) \u00a0in the last quarter of 2021. 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