China reopening to boot bloomberry resort's GGR

Maybanj securities new note suggests that reopening of chinese international borders won't have an immediate effect on casinis jn Phillippines. It focuses on Bloomberry resort's 2022 full-year results and the lasr quater. It predicts a 9% increase in GGR this year and a 32% improvement by 2024.

The note further states that blokmberry's VIP and mass market operations are well placed to benefit from the improved travel restrictions, as china is one of their major source markets. With the expected increase in visitation and spending, bokmberry could see further improvement in their gaming revenue in the coming years.
 
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