Raffy Mendoza<\/strong> said Maybank had raised its forecasts for the new IR in terms of capacity and drop volumes after visiting the complex. He said most visitors he saw at the IR were locals.<\/p>\n\n\n\nMaybank also said it was revising down its fiscal-year 2024 earnings estimate for Bloomberry by 8 per cent to PHP10.2bn (US$174.3m) to reflect a lower-than-consensus first-quarter performance. The institution\u2019s estimate would remain a 7 per cent increase year-on-year. It’s raised its earnings estimate for 2025 to PHP14.5bn to account for the higher estimates for Solaire Resort North.<\/p>\n","protected":false},"excerpt":{"rendered":"
Maybank Securities expects the IR to supply circa 15 per cent of Bloomberry\u2019s 2024 GGR.<\/p>\n","protected":false},"author":176,"featured_media":777009898,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Maybank Securities has significantly upgraded its GGR contribution forecasts for Bloomberry Resorts' Solaire Resort North, now projecting it to supply 15% of 2024 GGR and 22% of 2025 GGR. Concurrently, the institution revised Bloomberry's fiscal-year 2024 earnings estimate downwards by 8% due to a lower-than-consensus Q1 performance, while raising its 2025 earnings forecast to PHP14.5bn. The revised outlook follows an analyst visit noting strong local visitor volumes at the new integrated resort.","focusai_entities":"Maybank Securities, Bloomberry Resorts, Solaire Resort North, Raffy Mendoza","focusai_location":"Philippines, Quezon City","focusai_target_profile":"ceo_executive (0.9), operator_casino (0.85), investor_analyst (1.0), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Compare Bloomberry Forecasts","query":"How do Maybank's revised GGR and earnings forecasts for Bloomberry Resorts align with or diverge from broader market consensus, and what specific factors underpin these adjustments?"},{"label":"Solaire North Performance Drivers","query":"What specific operational metrics, such as capacity utilization or drop volumes, observed during the analyst visit to Solaire Resort North, justified the substantial upward revision in its GGR contribution estimates?"}],"footnotes":""},"categories":[157,158,16333],"tags":[15417],"class_list":["post-777015969","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-slider-home","category-south-east-asia-news","tag-bloomberry-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015969","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=777015969"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015969\/revisions"}],"predecessor-version":[{"id":777015992,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777015969\/revisions\/777015992"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777009898"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777015969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777015969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777015969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}