Bloomberry readies MegaFUNalo refresh

Bloomberry Resorts Corp.

MANILA, Philippines — Bloomberry Resorts Corp. is readying new updates to its online gaming platform after its brick-and-mortar casino continued to weaken in the first half.

Enrique Razon Jr., Bloomberry chair and CEO, on Wednesday said they would “introduce more content and enhancements” to the MegaFUNalo! platform “that will strengthen its competitiveness.”

Launched in June, MegaFUNalo! was meant to be the direct competitor of DigiPlus Interactive Corp.’s flagship games, including BingoPlus.

READ: Bloomberry sets foray into online gaming segment

This, after Bloomberry swung to a net loss of P1.41 billion in the second quarter this year.

It recorded a net profit of P1.34 billion in the same period last year.

READ: Weak VIP segment drags Bloomberry H1 income by 52%

Operating expenses in the June quarter rose by 17 percent to P10.2 billion because of costs related to MegaFUNalo!, the operating expenses for which ended at P461 million. —Meg J. Adonis