{"id":777018009,"date":"2024-08-09T10:08:52","date_gmt":"2024-08-09T13:08:52","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777018009"},"modified":"2026-04-22T07:18:45","modified_gmt":"2026-04-22T10:18:45","slug":"belle-corp-gaming-segment-revenue-down-24-in-h1","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/belle-corp-gaming-segment-revenue-down-24-in-h1","title":{"rendered":"Belle Corp gaming segment revenue down 24% in H1"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Gaming revenue was PHP953m (US$16.43m).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">The Philippines.-\u00a0Belle Corp, the parent company of\u00a0Premium Leisure, has reported that gaming revenue for the first half-year declined by 24 per cent year-on-year to PHP953m (US$16.43m). City of Dreams Manila&#8217;s rental income from the leasing of land and buildings amounted to PHP1.16bn (US$20.22m), up 16 per cent year-over-year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Aside from gaming revenue, the company reported PHP258.9m (US$4.51m) in revenue through its subsidiary Pacific Online Systems Corporation, which leases online betting equipment to the Philippine Charity Sweepstakes Office (PCSO) for lottery operations. The figure was down 17 per cent year-over-year. Consolidated revenue fell 6 per cent to PHP2.72bn (US$47.57m) and net income dropped by a third to PHP882.4m.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>See also: <\/strong><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/3-casino-investors-top-forbes-philippines-50-richest-list\" rel=\"noreferrer noopener\">3 casino investors top Forbes Philippines\u2019 50 Richest list<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gaming revenue was PHP953m (US$16.43m).<\/p>\n","protected":false},"author":176,"featured_media":0,"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 24% year-on-year decline in H1 gaming revenue to PHP953m, contributing to a 6% consolidated revenue drop and a 33% net income reduction. While rental income from City of Dreams Manila increased by 16%, revenue from lottery equipment leasing via Pacific Online Systems Corporation also fell by 17%.","focusai_entities":"Belle Corp, Premium Leisure, City of Dreams Manila, Pacific Online Systems Corporation, Philippine Charity Sweepstakes Office, PCSO, Forbes Philippines","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"H1 Revenue Decline Drivers?","query":"What specific market dynamics or operational challenges contributed to Belle Corp's 24% year-on-year gaming revenue decline and the 17% drop in lottery equipment leasing revenue in H1?"},{"label":"Future Capital Allocation?","query":"Given the mixed H1 performance, how might Belle Corp's capital allocation strategy evolve, particularly concerning investments in its gaming and non-gaming assets, and what is the outlook for shareholder returns?"}],"footnotes":""},"categories":[163,16333],"tags":[23326],"class_list":["post-777018009","post","type-post","status-publish","format-standard","hentry","category-finance-news","category-south-east-asia-news","tag-belle-corp"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018009","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=777018009"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018009\/revisions"}],"predecessor-version":[{"id":777018039,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777018009\/revisions\/777018039"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777018009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777018009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777018009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}