Belle Corp sees casino revenue dip
Gaming income fell by 18 per cent in the first half of 2025.
The Philippines.– Belle Corporation has reported an 18 per cent drop in its share of gaming revenue in the first half of 2025, according to its latest financial disclosures.
Premium Leisure Corporation (PLC), Belle’s casino subsidiary, recorded PHP772.3m (US$13.5m) in gaming revenue, down from PHP943m (US$16.5m) in the same period last year. In the second quarter, gaming revenue from City of Dreams Manila was down 37.3 per cent year-on-year to PHP339.7m (US$5.9m).
Belle’s consolidated net income decreased by 9 per cent to PHP801m (US$14m). Consolidated revenues fell 10 per cent to PHP2.47bn (US$43.3m).
Melco Resorts & Entertainment operates City of Dreams Manila under a revenue-sharing agreement with Belle’s subsidiary. Melco chairman Lawrence Ho has said the company is exploring strategic alternatives for its Philippine interests. Belle Corporation has clarified that acquiring Melco’s stake is not part of its plans for the immediate future.
