{"id":777008223,"date":"2023-08-15T07:30:25","date_gmt":"2023-08-15T10:30:25","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777008223"},"modified":"2026-04-22T19:02:57","modified_gmt":"2026-04-22T22:02:57","slug":"bloomberry-net-gaming-revenue-to-reach-us694m-in-2023-analysts-say","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/bloomberry-net-gaming-revenue-to-reach-us694m-in-2023-analysts-say","title":{"rendered":"Bloomberry net gaming revenue to reach US$694m in 2023, analysts say"},"content":{"rendered":"\n

The forecast depends on the company sustaining first-half performance.<\/p>\n\n\n\n\n\n\n\n

The Philippines.- Casino operator\u00a0Bloomberry Resorts Corp<\/strong>, is to reach an estimated net gaming revenue of approximately PHP39.4bn (US$694m) for this year, according to Maybank IBG Research. The forecast depends on the company sustaining first-half performance.<\/p>\n\n\n\n

Bloomberry’s net gaming revenue for the second quarter<\/a>\u00a0reached PHP10.63bn, with nearly 99 per cent attributed to its flagship Solaire operation. First-half net gaming revenue was PHP21.45bn, 54.5 per cent of Maybank’s anticipated full-year projection.<\/p>\n\n\n\n

Maybank’s analyst,\u00a0Alexa Carvajal<\/strong>, noted that VIP rolling chip volume, mass table drop and electronic gaming machine coin-in reached PHP172.48bn, PHP13.28bn, and PHP90.01bn, respectively in the second quarter, reflecting year-on-year growth of 47 per cent, 42.9 per cent, and 16.6 per cent.<\/p>\n\n\n\n

In the second quarter, Solaire recorded gross gaming revenue of PHP15.11bn, indicating a year-on-year rise of 15.3 per cent. However, this represented a 5.8 per cent dip sequentially.<\/p>\n\n\n\n

See also:<\/strong> Bloomberry\u2019s Solaire North IR opening delayed to Q2 2024<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The forecast depends on the company sustaining first-half performance.<\/p>\n","protected":false},"author":176,"featured_media":29713,"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 Corp is projected to achieve PHP39.4bn (US$694m) in net gaming revenue for 2023, contingent on sustaining its robust first-half performance. Maybank IBG Research's forecast highlights significant year-on-year growth across key gaming verticals at its flagship Solaire operation, despite a sequential dip in Q2 gross gaming revenue.","focusai_entities":"Bloomberry Resorts Corp, Maybank IBG Research, Alexa Carvajal, Solaire","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.75), journalist_researcher (0.85)","focusai_suggestions":[{"label":"H1 Performance Sustainability","query":"What specific operational strategies or market conditions are critical for Bloomberry to sustain its first-half performance and achieve the projected full-year NGR?"},{"label":"Solaire North Impact","query":"How does the delayed opening of Solaire North to Q2 2024 impact Bloomberry's 2023 NGR forecast and its long-term market share projections within the Philippines' integrated resort sector?"}],"footnotes":""},"categories":[163,16333],"tags":[15417],"class_list":["post-777008223","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news","tag-bloomberry-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008223","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\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777008223"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008223\/revisions"}],"predecessor-version":[{"id":777008247,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008223\/revisions\/777008247"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/29713"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777008223"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777008223"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777008223"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}