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Business > Corporate News
Demand seen aiding Bloomberry recovery
By Ed Paolo Salting
Feb 20, 2023 12:15 am

Razon-led Bloomberry Resorts Corp., operator of the Solaire Resort and Casino, likely sustained a recovery in 2022 and is expected to continue performing positively this year.

Maybank Securities analyst Miguel Sevida premised this outlook on domestic demand-driven earnings growth, projected at 30 percent for this year and estimated at around 70 percent in 2024, and China's reopening and a re-rating for the gaming sector.

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