Monday, October 19, 2020

Tag: Bloomberry Resorts Corporation

Bloomberry sees profit fall despite revenue gain after Entertainment City investment

Bloomberry Resorts Corporation has reported a 39 percent decline in profit for Q318 at $21.3m, following significant property investment and loan expenses. Though mass table drop rose 27 per-cent to hit a record $23m, and VIP volume jumped ten percent to $11.1bn, the operator stated purchase of the 39.5 acres under its flagship Solaire Casino heavily dented earnings for the...

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