Bloomberry Narrows Q2 Net Loss to US$5.6 Million on 14.8 Percent GGR Growth
SCCG Take — Cost optimisation sustained EBITDA growth amid macro headwinds and segment softness. The digital rollout positions Bloomberry to diversify revenue beyond physical casinos.
Bloomberry Resorts Corp reported a net loss of PHP345.3 million (US$5.6 million) for the second quarter of 2026. This compares with a PHP1.41 billion loss a year earlier. Sequentially the loss widened 176.3 percent from PHP125.0 million in the first quarter.
Revenues rose 10.9 percent year-on-year to PHP14.02 billion and increased 7.0 percent from the prior quarter. Group EBITDA reached nearly PHP3.43 billion, up 34.9 percent year-on-year and ahead of PHP2.98 billion in the first quarter. According to reporting by GGRAsia the operator recorded gross gaming revenue of PHP16.40 billion, a 14.8 percent increase from the prior-year period.
Property and Segment Results
Solaire Resort & Casino in Entertainment City generated GGR of PHP11.49 billion, up 17.7 percent year-on-year. Solaire Resort North in Quezon City posted PHP4.90 billion, an 8.7 percent rise. VIP rolling chip volume grew 17.1 percent while mass table drop declined 12.7 percent and slot coin-in fell 5.5 percent.
The firm stated: “Higher hold rates across all gaming segments lifted GGR; however, the VIP and premium mass segments continued to experience weakness.” Bloomberry also completed its exit from the South Korean casino sector in the first half through the sale of Jeju Sun and launched its FUNaloMAX online gaming platform in mid-July.
Cost Discipline and Digital Initiatives
Chairman and chief executive Enrique Razon said the company “delivered GGR growth in the second quarter, supported by stronger hold rates” and that “assertive cost management complemented higher revenues, driving EBITDA growth both sequentially and year-over-year.” Razon noted that despite elevated oil prices, higher interest rates and a weaker peso the firm limited cash operating expense growth to 5 percent for the quarter and 3 percent for the first half.
Razon stated the operator would “remain focused on disciplined execution” and is advancing its digital strategy with Solaire Online scheduled to join the platform in the coming weeks. These steps are intended to enhance patron experience and capture incremental revenue.
Reporting: GGRAsia
Generated by SCCG’s automated editorial system from published source reporting. SCCG Management holds editorial responsibility.
Cost control and hold-rate strength masked softer mass play; digital launch could diversify away from macro-exposed physical segments.
We track how operators balance top-line growth against structural cost discipline when mass segments soften. Bloomberry's digital rollout and Korea exit signal a pivot toward online diversification—a playbook our partners in land-based markets are watching closely as iGaming opens new revenue channels.
- GGR up 14.8% year-over-year, but mass table drop fell 12.7% and slots down 5.5%
- EBITDA rose 34.9% on aggressive cost control; operating expense growth held to 5%
- FUNaloMAX launched July; Solaire Online joining platform in coming weeks
SCCG angle: SCCG has guided integrated resorts through digital platform launches and cost-optimization initiatives across Asia-Pacific and the Americas. When operators need strategic partners for iGaming rollouts or operational efficiency audits, we connect the right technology, content, and advisory resources to execute on both fronts.
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