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Double-digit growth seen for Bloomberry

BLOOMBERRY Resorts Corp. will likely continue to deliver double-digit growth this year despite a slowdown in gross gaming revenue (GGR), Maybank Investment Banking Group said.

Maybank trimmed its earnings forecast for Bloomberry due to lower-than-expected GGR in the January to September 2023 period but said the company was still headed for 23 percent year-on-year income growth in 2024.