Profit reached PHP1.91bn.<\/p>\n\n\n\n\n\n\n
The Philippines.-\u00a0<\/span>Premium Leisure Corp<\/strong>, the operator of\u00a0<\/span>City of Dreams Manila<\/span>, has announced profits of PHP1.91bn (US$33.5m) for the nine months ending September 30. That’s an increase of 57 per cent year-on-year.<\/span><\/p>\n The company attributed the rise to a more favourable economic environment and an<\/span>\u00a0increase in revenue from City of Dreams Manila, which grew by 24 per cent to PHP1.79bn (US$31.4m) on the back of improvements in both<\/span>\u00a0mass and VIP performance. <\/span><\/p>\n \u00a0<\/p>\n Premium Leisure Corp’s online subsidiary,<\/span>\u00a0Pacific Online Systems Corp<\/strong>, reported a 40 per cent rise in gross earnings at PHP502.43m (US$8.81m) through its ongoing partnership with the Philippine Charity Sweepstakes Office (PCSO).<\/span><\/p>","protected":false},"excerpt":{"rendered":" Profit reached PHP1.91bn.<\/p>\n","protected":false},"author":176,"featured_media":15769,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Premium Leisure Corp reported a 57% year-on-year profit increase to PHP1.91bn for the nine months ending September 30, driven by a favourable economic environment and a 24% revenue rise at City of Dreams Manila from improved mass and VIP performance. Its online subsidiary, Pacific Online Systems Corp, also saw a 40% increase in gross earnings through its ongoing partnership with the Philippine Charity Sweepstakes Office.","focusai_entities":"Premium Leisure Corp, City of Dreams Manila, Pacific Online Systems Corp, Philippine Charity Sweepstakes Office (PCSO)","focusai_location":"The Philippines, Manila","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), marketing_crm (0.7), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"PLC Profit Drivers","query":"Beyond the stated \"favourable economic environment,\" what specific operational efficiencies or strategic capital deployments underpinned Premium Leisure Corp's 57% year-on-year profit growth, and how sustainable are these drivers?"},{"label":"Online Vertical Contribution","query":"What is the projected NGR contribution from Pacific Online Systems Corp's partnership with PCSO to Premium Leisure Corp's consolidated financials for the upcoming fiscal year, and what are the strategic implications for B2C licensing expansion?"}],"footnotes":""},"categories":[157,16333],"tags":[1740,24385],"class_list":["post-777010638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-east-asia-news","tag-city-of-dreams","tag-premium-leisure-corp"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010638","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=777010638"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010638\/revisions"}],"predecessor-version":[{"id":777041065,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010638\/revisions\/777041065"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/15769"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777010638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777010638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777010638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}