Solaire Resort operator Bloomberry Resorts Corp reported a net loss of Php1.4 billion in the three months to 30 June 2025, impacted by ongoing weakness in the VIP and premium mass gaming segments and expenses associated with its new domestic online gaming platform MegaFUNalo!
The impact on VIP and premium mass was felt at Solaire Resort Entertainment City (SEC), offset by a year-on-year increase in volume at Solaire Resort North (SN) in Quezon City – opened in May 2024. The company recorded a profit of Php1.3 billion during the same period last year.
According to information filed with the Philippine Stock Exchange, group-wide GGR fell by 1% year-on-year and 15% year-on-year to Php14.3 billion in Q2, including a 27% decline in GGR at SEC to Php9.8 billion. This was on the back of a 46% fall in Vip rolling chip volume and 23% drop in mass table drop, compared with a smaller 12% decline in EGM coin-in. Non-gaming revenue increased by 2% to Php2.1 billion.
