Bloomberry swings to P125-M Q1 net loss

MANILA, Philippines – Bloomberry Resorts Corp. swung to a first-quarter net loss of P125 million as softer gaming volumes in Entertainment City dragged revenues, although cost-cutting measures helped temper losses. The result reversed the P3.3-billion net income recorded in the same period last year. In a disclosure on Friday, the Enrique Razon Jr.-led casino operator said