Domestic recovery drives Bloomberry to 89% year-on-year GGR increase in 3Q22

Tuesday, November 8, 2022 2:18 PM
  • Ben Blaschke, Inside Asian Gaming

Bloomberry Resorts Corporation saw its gross gaming revenue rise by 89% year-on-year, and 2% sequentially to Php13.4 billion (US$229.4 million) in the three months to 30 September 2022, driven by “strong domestic demand” across all gaming segments at its Manila integrated resort Solaire.

Publishing its Q3 financial results early Tuesday, Bloomberry saw particular growth in slot coin-in, up 118% year-on-year to Php85.1 billion (US$1.46 billion) with segment revenue rising by 81% to Php4.28 billion (US$73.3 million).

Mass table games produced a 77% year-on-year increase in table drop to Php10.6 billion (US$181.6 million) with GGR up 61% to Php4.38 billion (US$75.0 million), while VIP rolling chip volume climbed 23% to Php132.8 billion (US$2.28 billion) with revenue up 136% to Php4.72 billion (US$80.9 million).