Gaming revenue was up 28 per cent to PHP1.23bn (US$22.46m.<\/p>\n\n\n\n\n\n\n\n
The Philippines.- Belle Corp<\/strong>, the parent company of\u00a0Premium Leisure, has reported an increase in revenue for its gaming segment. Gaming revenue for the first half-year rose by 28 per cent year-on-year to PHP1.23bn (US$22.46m) on the back of performance at City of Dreams Manila.<\/p>\n\n\n\n Gaming profit rose by 44.2 per cent to PHP1.17bn (US$21.37m). Total income was PHP1.3bn (US$23.74m)<\/strong>, up 15 per cent year-on-year.<\/p>\n\n\n\n Despite a 4 per cent dip in revenues from the City of Dreams Manila lease to PHP1.04bn (US$18.99m), the\u00a0overall group revenues totalled PHP2.92bn (US$53.33m), marking a 4 per cent increase from last year’s H1. Belle Corp’s real estate revenues fell 41 per cent to PHP344.6m (US$6.29m).\u00a0<\/p>\n\n\n\n Revenue from the lottery services arm, Pacific Online, rose 57 per cent year-on-year to PHP343.4m (US$6.27m). Net income was PHP1.03bn (US$18.81m), up 15 per cent year-on-year.<\/p>\n","protected":false},"excerpt":{"rendered":" Gaming revenue was up 28 per cent to PHP1.23bn (US$22.46m.<\/p>\n","protected":false},"author":176,"featured_media":9071,"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, parent company of Premium Leisure, reported a 28% year-on-year increase in H1 gaming revenue to PHP1.23bn, primarily driven by strong performance at City of Dreams Manila. Gaming profit surged 44.2%, contributing to a 15% rise in overall net income despite a significant decline in real estate revenues. The lottery services arm, Pacific Online, also demonstrated robust growth.","focusai_entities":"Belle Corp, Premium Leisure, City of Dreams Manila, Pacific Online","focusai_location":"The Philippines, Manila","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Gaming Segment Drivers","query":"What specific operational or market factors contributed to the 28% year-on-year growth in Belle Corp's gaming revenue, particularly at City of Dreams Manila, and how sustainable are these drivers for H2?"},{"label":"Diversification Strategy Impact","query":"How does the significant decline in real estate revenues impact Belle Corp's overall diversification strategy, and what are the projected contributions of the gaming and lottery segments to future group profitability?"}],"footnotes":""},"categories":[157,16333],"tags":[19841],"class_list":["post-777007722","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news","tag-city-of-dreams-manila"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007722","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=777007722"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007722\/revisions"}],"predecessor-version":[{"id":777007754,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777007722\/revisions\/777007754"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/9071"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777007722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777007722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777007722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}