June 27, 2017 11:59 PM ET

Hotels, Restaurants and Leisure

Company Overview of Bloomberry Resorts Corporation

Company Overview

Bloomberry Resorts Corporation, through its subsidiaries, develops and operates hotels, casinos, and integrated tourism resorts in the Philippines. The company develops tourist facilities, such as casino-entertainment complexes with casino, hotel, retail and amusement areas, and themed development components. It owns and operates the Solaire Resort & Casino, a gaming and integrated resort complex along Asean Avenue in Parañaque City; and Jeju Sun Hotel & Casino that consists of 202-rooms, 2,000 square meters of gaming operation with 36 tables and 20 electronic gaming machines, as well as food and beverage outlets to service its hotel and casino players. The company also owns and operates the...

1 Asean Avenue

Entertainment City

Barangay Tambo

Parañaque City,  1701

Philippines

5,272 Employees

Phone:

63 2 883 8920

Key Executives for Bloomberry Resorts Corporation

Bloomberry Resorts Corporation does not have any Key Executives recorded.

Bloomberry Resorts Corporation Key Developments

Bloomberry Resorts Corporation, Board Meeting, Jun 08, 2017

Bloomberry Resorts Corporation, Board Meeting, Jun 08, 2017.

Bloomberry Resorts Corporation Presents at Citi ASEAN C-Suite Investor Conference, May-25-2017

Bloomberry Resorts Corporation Presents at Citi ASEAN C-Suite Investor Conference, May-25-2017 . Venue: Ritz Carlton Millenia, 7 Raffles Ave, Singapore, Singapore.

Bloomberry Resorts Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2017

Bloomberry Resorts Corporation reported unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company's gross gaming revenues rose 40% year-on-year and 2% quarter-on-quarter to PHP 10.716 billion. EBITDA rose 161% year-on-year and 17% sequentially to PHP 3.157 billion. EBITDA would have increased by 249% year-on-year using the adjusted gaming tax structure in effect in first half of 2016. Hold-normalized EBITDA grew 78% year-on-year to PHP 3.892 billion and is 23% larger than reported EBITDA. Net profit was PHP 2.153 billion, a PHP 3.309 billion swing from the PHP 1.156 billion loss in the previous year. Earnings per share of PHP 0.195, a substantial turnaround from the PHP 0.105 in the same period last year and more than double the PHP 0.068 reported in fourth quarter 2016.

Recent Private Companies Transactions

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