{"id":20921,"date":"2021-08-02T13:49:16","date_gmt":"2021-08-02T16:49:16","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=20921"},"modified":"2026-04-23T17:02:13","modified_gmt":"2026-04-23T20:02:13","slug":"belle-corp-revenue-up-225-in-h1","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/belle-corp-revenue-up-225-in-h1","title":{"rendered":"Belle Corp revenue up 225% in H1"},"content":{"rendered":"\n

Belle Corp has reported that first-half gaming revenue was up 225 per cent year-on-year to PHP805.5m (US$16.1m).<\/p>\n\n\n\n\n\n\n\n

The Philippines.- The tourism and leisure developer\u00a0Belle Corp<\/strong>, a co-licensee of City of Dreams in Manila, has reported that\u00a0gaming was up 225 per cent year-on-year for the first half.<\/strong><\/p>\n\n\n\n

According to the company, the growth in gaming revenue came as operations at\u00a0City of Dreams Manila<\/a>\u00a0improved, although it noted there it operates “still with\u00a0substantial limitations\u00a0<\/strong>due to the continuing Covid-19 pandemic.”<\/p>\n\n\n\n

Belle Corp reported a\u00a0net income of PHP1.04m, up 243.7 per cent\u00a0<\/strong>when compared to the first half of 2020.\u00a0<\/p>\n\n\n\n

For the first quarter of the year,\u00a0Belle Corp<\/a>\u00a0reported gaming revenue fell 3.1 per cent year-on-year to PHP431.1m (US$9m). It reported net income of PHP797.4m, up 76.8 per cent year-on-year<\/strong>. Aggregate revenue was down 8.6 per cent year-on-year to PHP1.30bn.<\/p>\n\n\n\n

Manila under restrictions until August 15<\/strong><\/h2>\n\n\n\n

As the delta variant of Covid-19 spreads <\/strong>in The Philippines, Manila\u2019s city government<\/a> has decided to extend the general community quarantine (GCQ) until August 15<\/strong>.<\/p>\n\n\n\n

Countermeasures<\/a> were supposed to end on July 31, but authorities called an emergency meeting to discuss mitigation strategies against the spread of the variant, coordinating with hospitals and the city\u2019s Health Department<\/strong>.<\/p>\n\n\n\n

Only those between 18-65 years of age<\/strong> are allowed to leave their place of residence, and only selected businesses are permitted to open.<\/p>\n\n\n\n

Although Manila is under GCQ with heightened restrictions,\u00a0casinos<\/a>\u00a0were allowed to resume operating\u00a0<\/strong>at a reduced capacity in May. City of Dreams Manila<\/strong>\u00a0is open by invitation only.<\/p>\n","protected":false},"excerpt":{"rendered":"

Belle Corp has reported that first-half gaming revenue was up 225 per cent year-on-year to PHP805.5m (US$16.1m).<\/p>\n","protected":false},"author":176,"featured_media":20946,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Belle Corp, co-licensee of City of Dreams Manila, reported a 225% year-on-year increase in first-half gaming revenue to PHP805.5m, alongside a 243.7% rise in net income, despite ongoing operational limitations due to the COVID-19 pandemic. The Philippines' capital, Manila, has extended its general community quarantine until August 15, impacting casino operations which remain at reduced capacity and by invitation only.","focusai_entities":"Belle Corp, City of Dreams Manila, Health Department","focusai_location":"The Philippines, Manila","focusai_target_profile":"ceo_executive (0.9), regulator (0.8), compliance_legal (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"H1 GGR Drivers?","query":"What specific operational adjustments or market segment shifts contributed to Belle Corp's 225% H1 gaming revenue growth despite ongoing substantial limitations at City of Dreams Manila?"},{"label":"Manila Restrictions Impact?","query":"How do the extended GCQ restrictions in Manila, particularly the 'invitation-only' model, impact the long-term GGR recovery trajectory and operational efficiency for integrated resorts like City of Dreams Manila?"}],"footnotes":""},"categories":[163,16333],"tags":[23326,19841,23907],"class_list":["post-20921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news","tag-belle-corp","tag-city-of-dreams-manila","tag-land-based-casino"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=20921"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20921\/revisions"}],"predecessor-version":[{"id":20967,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20921\/revisions\/20967"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/20946"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=20921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=20921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=20921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}