{"id":777029621,"date":"2025-07-29T09:05:25","date_gmt":"2025-07-29T12:05:25","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777029621"},"modified":"2026-04-21T20:34:42","modified_gmt":"2026-04-21T23:34:42","slug":"belle-corp-sees-casino-revenue-dip","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/belle-corp-sees-casino-revenue-dip","title":{"rendered":"Belle Corp sees casino revenue dip"},"content":{"rendered":"\n<p>Gaming income fell by 18 per cent in the first half of 2025.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>The Philippines.\u2013 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. <\/p>\n\n\n\n<p>Premium Leisure Corporation (PLC), Belle\u2019s 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).<\/p>\n\n\n\n<p>Belle&#8217;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). <\/p>\n\n\n\n<p>Melco Resorts &amp; Entertainment operates City of Dreams Manila under a revenue-sharing agreement with Belle\u2019s subsidiary. Melco chairman Lawrence Ho has said the company is exploring strategic alternatives for its Philippine interests. Belle Corporation has clarified that acquiring Melco\u2019s stake is not part of its plans for the immediate future.<\/p>\n\n\n<div id=\"see-also-container\">\n\t\t\t<span class=\"see-also-label\">See also:<\/span><\/p>\n<div class=\"related-article\">\n\t\t\t\t<img decoding=\"async\" class=\"related-article__thumbnail\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/02\/City-of-Dreams-Manila-300x200.jpg\" alt=\"\"><\/p>\n<p class=\"related-article__text\">\n\t\t\t\t\t<span class=\"see-also-label-strong\">See also:<\/span> <a href='https:\/\/focusgn.com\/asia-pacific\/potential-buyers-emerge-for-melcos-stake-in-city-of-dreams-manila'>Potential buyers emerge for Melco&#8217;s stake in City of Dreams Manila<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Gaming income fell by 18 per cent in the first half of 2025.<\/p>\n","protected":false},"author":680,"featured_media":777029630,"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 Corporation reported an 18% decline in its share of gaming revenue for H1 2025, with its subsidiary Premium Leisure Corporation recording PHP772.3m. This downturn, including a 37.3% Q2 year-on-year drop for City of Dreams Manila, contributed to Belle's consolidated net income falling 9%. Concurrently, Melco Resorts & Entertainment is exploring strategic alternatives for its Philippine assets, though Belle has stated it is not immediately pursuing an acquisition of Melco's stake.","focusai_entities":"Belle Corporation, Premium Leisure Corporation, Melco Resorts & Entertainment, Lawrence Ho, City of Dreams Manila","focusai_location":"The Philippines","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Impact on Philippine GGR?","query":"What specific factors contributed to the significant 37.3% year-on-year decline in City of Dreams Manila's Q2 gaming revenue, and how does this reflect on the broader Philippine GGR outlook for H2 2025?"},{"label":"Melco's Strategic Rationale?","query":"Given the reported revenue declines, what is the strategic rationale behind Melco Resorts & Entertainment exploring alternatives for its Philippine interests, and what types of buyers are likely to emerge for such a stake?"}],"footnotes":""},"categories":[28,16333],"tags":[23326,19841,24804],"class_list":["post-777029621","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-south-east-asia-news","tag-belle-corp","tag-city-of-dreams-manila","tag-the-philippines"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777029621","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\/680"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777029621"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777029621\/revisions"}],"predecessor-version":[{"id":777029644,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777029621\/revisions\/777029644"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777029630"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777029621"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777029621"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777029621"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}