EBITDA declines by 39 per cent year-on-year to P10.2bn for Bloomberry
In 2025, Bloomberry’s Gross Gaming Revenue (GGR) was P59.8bn, representing a decrease of three per cent from P61.7bn in 2024, due to persistent industry-wide weakness in the VIP and premium mass segments, partly offset by the GGR contributed by Solaire North. The continued ramp-up of Solaire North pushed the combined performance of mass table games and electronic gaming machines across two properties higher by 12 per cent.
In the fourth quarter of 2025, consolidated GGR was P14.1bn, lower by 13 per cent compared to the same period in the previous year.
Enrique K. Razon Jr., Bloomberry Chairman and CEO, said: “2025 was a challenging year, marked by softer inbound tourism and the residual effects of the July 2024 POGO ban, which weighed on revenues across VIP and premium mass. Regulatory uncertainty in the online space also tempered the rollout of our newest digital platform. Bloomberry’s Philippine gaming revenue declined by three per cent; however, we outperformed the broader integrated resort market, supported by the continued ramp-up of Solaire Resort North and the resilience of our domestic mass-market business.”
“In response to softer revenues, we introduced gaming and resort enhancements to both Solaire properties as well as implemented expense management measures across our business. Our debt refinancing activites in October 2024 and February 2025 have and continue to contribute cost savings as benchmark rates on our floating-rate loans continue to ease. We anticipate further gains from these initiatives in 2026. In the online segment, we remain confident in the long-term opportunity as we await greater regulatory clarity and continue strengthening the competitiveness and user experience of our digital platforms.”
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EBITDA declines by 39 per cent year-on-year to P10.2bn for Bloomberry In 2025, Bloomberry’s Gross Gaming Revenue (GGR) was P59.8bn, representing a decrease of three per cent from P61.7bn in 2024, due to persistent industry-wide weakness in the VIP and premium mass segments, partly offset by the GGR contributed by Solaire North. The continued ramp-up…
The post Softer VIP and premium mass segments pull down Bloomberry’s revenues in 2025 appeared first on G3 Newswire.