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Casino operator Bloomberry Resorts Corp. is scaling back costs and capital expenditure as it braces for continued pressure on its land-based gaming business, particularly in Metro Manila.
Chairman and CEO Enrique Razon Jr. told shareholders that on-premise gaming remains subdued, with lower international arrivals impacting high-value VIP play – traditionally a key revenue driver for the market. “Our focus for the year will be on cost cutting, becoming more efficient and disciplined in our capital expenditures,” Razon said, noting that the company has significantly reduced its capex budget while refining marketing and promotional strategies.
Performance at Solaire Resort Entertainment City has been a particular drag, reflecting the broader slowdown in premium gaming volumes. Bloomberry reported a net loss of P2.6bn ($45.6m) in 2025, reversing the same level of profit recorded a year earlier.
To offset land-based weakness, the group is accelerating its push into digital. Its online platform, FUNalo Max- a relaunch of MegaFUNalo – has been rebuilt following earlier technical issues, with the company targeting profitability by 2027.
Razon said the group expects both operational efficiencies and its online segment to begin delivering returns over the next two years, positioning Bloomberry to stabilise earnings despite ongoing market headwinds.
