It is also a 13% increase from the previous quarter. Mass tables and electronic gaming machine (EGM) GGR increased by 63% and 42% respectively year-on-year, with both increasing sequentially by 19% and 30% respectively.
Consolidated EBITDA reached Php1.9bn, compared to Php129m in the prior-year period.
The group also reported its FY2021 results, with GGR at Solaire reaching Php27.6bn, a 22% increase from 2020.
EBITDA climbed by 256% to Php5.2bn, with consolidated cash and cash equivalents totalling Php25.2bn as of 31 December 2021.
The group reported a net loss of Php4.2bn, compared to a net loss of Php8.3bn in 2020.
Solaire’s VIP GGR amounted to Php6.7bn, a 16% decline year-on-year. Mass tables and EGM GGR reached Php11.3bn and Php9.5bn respectively, increasing 54% and 32% respectively year-on-year.
“The year 2021 demonstrated the resilience of our business amidst a pandemic characterised by a slowly recovering economy and the absence of tourism,” said Bloomberry Chairman and CEO Enrique K. Razon Jr.
“Compared to 2020, it was a better year for Bloomberry as it was propped up by the domestic patronage which grew our mass gaming revenues by 43% and EBITDA by 265%. While we look forward to better days ahead, we remain equipped to operate under challenging circumstances if they materialise.
“Even as Covid-19 restrictions are eased around the world, Bloomberry will continue to uphold its market-leading health standards for the safety of both guests and team members.”
