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Bloomberry Reports PHP 6.79 Billion Net Loss for 2025 Amid Lower Casino Revenues
Bloomberry Resorts Corporation announced a net loss of PHP 6.79 billion for the full year 2025, a significant reversal from its net income of PHP 486 million in 2024. This unfavorable result was driven primarily by decreased revenues in its gaming operations and increased operating expenses. The company’s flagship property, the Solaire Resort and Casino located in Manila, remained the main source of income but faced challenges as the overall gaming sector experienced a sluggish recovery. Bloomberry cited the combination of reduced casino patronage and heightened costs as factors behind the financial downturn. Management indicated ongoing efforts to streamline operations and implement cost control measures to address the adverse conditions in the gaming market. The 2025 financial performance reflects the continuing volatility in the Philippine casino industry amid changing economic and regulatory environments.
Bloomberry Resorts Anticipates 2025 Challenges from Soft Tourism and Regulatory Changes
Bloomberry Resorts Corporation reported a net income increase of 16.6% to PHP 11.1 billion for the first nine months of 2024 compared to the same period last year, reflecting a recovery in its gaming and hospitality operations. However, the company is preparing for a more modest outlook in 2025, citing a slowdown in the tourism sector recovery and impending regulatory changes. The Philippine government is set to introduce stricter regulations for casino operators, including increased taxes and enhanced compliance measures. These regulatory adjustments are expected to tighten operational conditions and constrain growth prospects for Bloomberry Resorts. Despite a strong financial performance in 2024 to date, the company acknowledges these factors may temper its business expansion and profitability in the coming year. The evolving regulatory environment and slower-than-anticipated tourism rebound underline the sector's ongoing challenges amid shifting economic and policy landscapes in the Philippines.
Bloomberry's MegaFunalo Launches Online Arcade Games Developed in the Philippines
Bloomberry Resorts Corporation’s online gaming platform, MegaFunalo, has introduced new arcade games developed locally in the Philippines. The launch marks an effort to highlight homegrown game development talent and diversify the gaming content available to its users. By integrating Philippine-made arcade titles, MegaFunalo seeks to offer unique gaming experiences that stand out in a competitive online entertainment market. This initiative also underscores MegaFunalo's commitment to support and publicize local innovators in the digital gaming industry within the country. The move aligns with broader trends toward local content promotion in the iGaming sector, potentially enhancing player engagement and expanding the platform’s appeal.
Bloomberry Launches MegaFun.AI Featuring Philippines-Made Arcade Games
Bloomberry Resorts Corporation has introduced MegaFun.AI, a new online social casino gaming platform that offers arcade games developed specifically in the Philippines. This launch represents Bloomberry’s strategic initiative to expand its footprint in the digital gaming sector through a site focused on slot and arcade-type games. MegaFun.AI provides a social gaming experience where players can engage with games crafted by local developers, enhancing the visibility of Filipino game content in the online social casino market. The move aligns with growing industry trends toward digital and social gaming formats and marks Bloomberry’s diversification beyond its traditional casino operations in the Philippines. By leveraging homegrown arcade game development, the company positions itself to capture interest among digital gaming audiences domestically and regionally.