{"id":212,"date":"2024-06-19T03:48:26","date_gmt":"2024-06-19T00:48:26","guid":{"rendered":"https:\/\/luckycreek100nodepositbonus.icu\/2024\/06\/19\/bloomberry-resorts-corporation-announces-impressive-second-quarter-2022-results\/"},"modified":"2024-06-20T17:08:14","modified_gmt":"2024-06-20T14:08:14","slug":"bloomberry-resorts-corporation-announces-impressive-second-quarter-2022-results","status":"publish","type":"post","link":"https:\/\/luckycreek100nodepositbonus.icu\/2024\/06\/19\/bloomberry-resorts-corporation-announces-impressive-second-quarter-2022-results\/","title":{"rendered":"Bloomberry Resorts Corporation Announces Impressive Second-Quarter 2022 Results"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/j__R_bh2u4o\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Bloomberry Resorts Corporation, an organization that possesses and manages Solaire Resort &#038; Casino in the Philippines and Jeju Sun Hotel &#038; Casino in South Korea, recently declared an outstanding second-quarter showing.  Their profits hit 1.8 billion Philippine pesos, equivalent to roughly 32.5 million US dollars. This signifies an astounding 112% rise contrasted with the corresponding timeframe last year.  This remarkable expansion was propelled by a surge in gambling income at their primary establishment, Solaire Resort &#038; Casino. <\/p>\n<p>Solaire&#8217;s gambling income escalated by 131% compared to the second quarter of 2021, reaching an aggregate of 13.1 billion Philippine pesos.  This remarkable resurgence was largely credited to the relaxation of COVID-19 limitations throughout the quarter, which permitted a greater number of individuals to frequent and relish the casino.  All gaming divisions, encompassing VIP, mass tables, and electronic gaming devices, witnessed substantial year-over-year expansion, driven by a surge in gaming activity.<\/p>\n<p>Enrique K. Razon Jr., the Chairman and CEO of Bloomberry, conveyed his positivity regarding the company&#8217;s revival, indicating that the second-quarter outcomes are evidence of the ongoing resurgence of their enterprises in the Philippines. He maintains hope that this favorable momentum will persist in the approaching months. <\/p>\n<p>The company has experienced a robust resurgence in earnings, nearing pre-crisis figures. This positive trend is primarily attributed to the local Philippine market. Both earnings before interest, taxes, depreciation, and amortization, along with net earnings, are demonstrating ongoing progress. <\/p>\n<p>The outlook for continued expansion is bright as travel within the region gradually rebounds, contingent upon the absence of new, disruptive Covid-19 strains appearing in the near future.  The commitment to maintaining the highest benchmarks of service and security at Solaire remains steadfast, reinforcing its dominant market position.&#8221;<\/p>\n<p>Bloomberry also reported encouraging financial outcomes for the initial six months of 2022.  Gross gaming income witnessed a 76% surge year-over-year, reaching PHP20 billion, while EBITDA climbed by 174% to PHP6.7 billion.  The company posted a net profit of PHP2.5 billion, a substantial turnaround from the net loss of PHP1.9 billion during the corresponding period in 2021.<\/p>\n<p>This performance stands in sharp contrast to entities like MGM China, which recently disclosed a 54% year-over-year decrease in revenue for the second quarter of 2022.  MGM China ascribed this decline, from $311 million to $143 million, to the travel and entry limitations implemented by the Macau authorities in response to the Covid-19 pandemic. <\/p>\n","protected":false},"excerpt":{"rendered":"<p class=\"text-justify mb-2\" >Bloomberry Resorts Corporation, an organization that possesses and manages Solaire Resort &#038; Casino in the Philippines and Jeju Sun Hotel &#038; Casino in South Korea, recently declared an outstanding second-quarter showing. Their profits hit 1.8 billion Philippine pesos, equivalent to roughly 32.5 million US dollars. [&hellip;]<\/p>\n","protected":false},"author":57,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bloomberry Resorts: Soaring Profits &amp; Casino Success \ud83d\udcb0<\/title>\n<meta name=\"description\" content=\"Discover how Bloomberry Resorts, home to Solaire Resort &amp; Casino and Jeju Sun Hotel &amp; Casino, achieved a staggering 112% profit surge! \ud83d\udcc8 Unveiling the secrets behind their gaming empire\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/luckycreek100nodepositbonus.icu\/2024\/06\/19\/bloomberry-resorts-corporation-announces-impressive-second-quarter-2022-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bloomberry Resorts Corporation Announces Impressive Second-Quarter 2022 Results\" \/>\n<meta property=\"og:description\" content=\"Discover how Bloomberry Resorts, home to Solaire Resort &amp; Casino and Jeju Sun Hotel &amp; Casino, achieved a staggering 112% profit surge! \ud83d\udcc8 Unveiling the secrets behind their gaming empire\" \/>\n<meta property=\"og:url\" content=\"https:\/\/luckycreek100nodepositbonus.icu\/2024\/06\/19\/bloomberry-resorts-corporation-announces-impressive-second-quarter-2022-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Immerse Yourself in a World of Casino Fun | Licensed &amp; Secure\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-19T00:48:26+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-20T14:08:14+00:00\" \/>\n<meta name=\"author\" content=\"Violet &quot;Vixen&quot; Sanders\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Violet &quot;Vixen&quot; Sanders\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/luckycreek100nodepositbonus.icu\/2024\/06\/19\/bloomberry-resorts-corporation-announces-impressive-second-quarter-2022-results\/\",\"url\":\"https:\/\/luckycreek100nodepositbonus.icu\/2024\/06\/19\/bloomberry-resorts-corporation-announces-impressive-second-quarter-2022-results\/\",\"name\":\"Bloomberry Resorts: Soaring Profits & Casino Success \ud83d\udcb0\",\"isPartOf\":{\"@id\":\"https:\/\/luckycreek100nodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-19T00:48:26+00:00\",\"dateModified\":\"2024-06-20T14:08:14+00:00\",\"author\":{\"@id\":\"https:\/\/luckycreek100nodepositbonus.icu\/#\/schema\/person\/434e4baeadc6ebae3bc517c22c86c7e8\"},\"description\":\"Discover how Bloomberry Resorts, home to Solaire Resort & Casino and Jeju Sun Hotel & Casino, achieved a staggering 112% profit surge! \ud83d\udcc8 Unveiling the secrets behind their gaming empire\",\"breadcrumb\":{\"@id\":\"https:\/\/luckycreek100nodepositbonus.icu\/2024\/06\/19\/bloomberry-resorts-corporation-announces-impressive-second-quarter-2022-results\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/luckycreek100nodepositbonus.icu\/2024\/06\/19\/bloomberry-resorts-corporation-announces-impressive-second-quarter-2022-results\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/luckycreek100nodepositbonus.icu\/2024\/06\/19\/bloomberry-resorts-corporation-announces-impressive-second-quarter-2022-results\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/luckycreek100nodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bloomberry Resorts Corporation Announces Impressive Second-Quarter 2022 Results\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/luckycreek100nodepositbonus.icu\/#website\",\"url\":\"https:\/\/luckycreek100nodepositbonus.icu\/\",\"name\":\"Immerse Yourself in a World of Casino Fun | Licensed &amp; Secure\",\"description\":\"Stay informed and maximize your gambling experience through our regularly updated news, comprehensive reviews, and expert articles. 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