Bloomberry Resort Corp. said profit for the first quarter of the year dipped 11 percent to P2.6 billion from P3 billion.
Revenues declined 3 percent to P12.5 billion from P12.9 billion last year.
Net gaming revenue was at P10.3 billion, down 5 percent.
Bloomberry said Solaire Resort Entertainment City posted a gross gaming revenue (GGR) of P14.8 billion, down 8 percent from P16 billion.
Solaire’s VIP and mass tables GGR stood at P4.3 billion and P4.6 billion, down 33 percent and 6 percent, respectively.
The domestic-focused electronic gaming machine (EGM) segment posted a 24 percent increase in GGR to P5.9 billion. EGM also posted a 17 percent increase in coin-in.
The company’s Korea operation under Jeju Sun Hotel & Casino posted a GGR of P15.6 million, up 120 percent from P1.2 million in the previous quarter.
Non-gaming revenue was at P2.2 billion, up 4 percent from P2.1 billion last year.
