Bloomberry aims to “broaden investment universe”

Bloomberry Resorts issued a statement on Tuesday declaring its intention “to make additional future investments in the interest of enhancing shareholder value... within a broader universe of possible opportunities.”

These new investments will include “gaming, hospitality, and other non-gaming assets.”

At the same time, the company made clear that this statement represented only a general intention as they do “not have any particular investments or acquisitions that are under imminent consideration.”

In March, Bloomberry reported a 22 percent year-on-year jump in net revenues to PHP46.6 billion (US$932 million), with EBITDA for the year reaching PHP19.8 billion.

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