VIP and its leading position in the mass gaming segment.<\/strong><\/em><\/a> <\/p>\n\n\n\nNon-gaming revenues came in at PHP8.2 billion (\u20ac145 million) for 2019, up to 21% year on year.<\/p>\n\n\n\n
“Despite increasing competitive pressure, Solaire maintained its market-leading position and has again proven itself as the premier integrated resort of the Philippines,” Bloomberry Chairman and CEO, Enrique K. Razon Jr, said. <\/p>\n\n\n\n
“We are off to a rough start in 2020 as we contend with the tourism impact of an official world health emergency. However, we remain steadfast and aim to demonstrate our resilience by working towards another year of operating excellence,” he added. <\/p>\n","protected":false},"excerpt":{"rendered":"
Philippines’ gaming operator Bloomberry Resorts saw net revenues jump 22% to \u20ac825 million last year.<\/p>\n","protected":false},"author":2,"featured_media":4163,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Bloomberry Resorts reported a 22% year-on-year increase in net revenues to \u20ac825 million for 2019, with GGR at its Solaire property reaching \u20ac1 billion, driven by strong VIP hold and mass gaming performance. Despite competitive pressures, Solaire maintained market leadership, though the CEO acknowledged a challenging start to 2020 due to a global health emergency.","focusai_entities":"Bloomberry Resorts, Solaire, Enrique K. Razon Jr","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"2020 Outlook Impact?","query":"Given the 'world health emergency' impact on tourism, what specific adjustments to capital expenditure or operational strategy is Bloomberry implementing to mitigate revenue deceleration in 2020?"},{"label":"Market Share Strategy?","query":"What specific B2C marketing and player retention strategies did Solaire deploy to maintain its market-leading position in the mass gaming segment amidst increasing competitive intensity?"}],"footnotes":""},"categories":[160,157,163,16333],"tags":[29,725,128],"class_list":["post-4145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-business-news","category-finance-news","category-south-east-asia-news","tag-casino","tag-ggr","tag-philippines"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=4145"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4145\/revisions"}],"predecessor-version":[{"id":4167,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/4145\/revisions\/4167"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/4163"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=4145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=4145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=4145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}