{"id":777045653,"date":"2026-07-31T09:13:38","date_gmt":"2026-07-31T12:13:38","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777045653"},"modified":"2026-07-31T11:22:30","modified_gmt":"2026-07-31T14:22:30","slug":"belle-gaming-revenue-share-rises-38-in-q2","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/belle-gaming-revenue-share-rises-38-in-q2","title":{"rendered":"Belle gaming revenue share rises 38% in Q2"},"content":{"rendered":"\n

Higher gaming revenue from City of Dreams Manila contributed to double-digit growth in second-quarter revenue and net income.<\/p>\n\n\n\n\n\n\n\n

The Philippines.- The gaming and property developer Belle Corporation has reported higher earnings in the second quarter of 2026 after stronger returns from its revenue-sharing agreement with Melco regarding City of Dreams Manila. Its Premium Leisure Corporation subsidiary’s share of gaming revenue from the integrated resort increased 37.5 per cent year-on-year to PHP467.2m (US$7.62m) during the three months ended June 30.<\/p>\n\n\n\n

Second-quarter net income rose 33.6 per cent to PHP452.4m (US$7.38m), while total revenue increased 11.9 per cent to PHP1.31bn (US$21.37m). The cost of gaming operations remained broadly unchanged at PHP36.8m (US$600,000).<\/p>\n\n\n\n

For the first half of 2026, Belle\u2019s gaming revenue share reached PHP952.9m (US$15.54m), up 23.4 per cent from PHP772.3m (US$12.60m) in the corresponding period last year. The company\u2019s gaming and gaming-related business, which also includes lottery operations, reported a 28.2 per cent increase in net profit to PHP824.1m (US$13.44m), while segment revenue rose 12.7 per cent to PHP1.23bn (US$20.07m).<\/p>\n\n\n\n

Across the group, consolidated net income climbed 21.9 per cent to PHP976.8m (US$15.93m) on revenue of PHP2.73bn (US$44.52m), representing growth of 10.3 per cent year-on-year. Belle also benefited from lower financing costs during the period. Interest expense and other financing charges fell 27 per cent to PHP246.5m (US$4.02m) after outstanding debt declined 44 per cent year-on-year to PHP4.21bn (US$68.67m).<\/p>\n\n\n\n

Revenue from leasing land and property used by City of Dreams Manila remained stable at PHP1.18bn (US$19.25m). Rental income from gaming equipment also showed little change.<\/p>\n\n\n\n

Belle and Melco are co-licensees of City of Dreams Manila under a licence issued by the Philippine Amusement and Gaming Corporation (PAGCOR)<\/strong>. Separately, Belle continues to pursue plans for a second integrated resort in Clark after previously securing a provisional PAGCOR licence for the proposed development.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> PAGCOR revenue down 26.6% in first half of 2026<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

Higher gaming revenue from City of Dreams Manila contributed to double-digit growth in second-quarter revenue and net income.<\/p>\n","protected":false},"author":2395,"featured_media":777023509,"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 robust double-digit growth in Q2 2026 revenue and net income, primarily driven by an increased gaming revenue share from its agreement with Melco for City of Dreams Manila. The company also significantly reduced its financing costs through substantial debt reduction. Concurrently, Belle is progressing with plans for a second integrated resort in Clark, having secured a provisional PAGCOR license.","focusai_entities":"Belle Corporation, Melco, Premium Leisure Corporation, Philippine Amusement and Gaming Corporation, PAGCOR","focusai_location":"Philippines, Manila, Clark","focusai_target_profile":"ceo_executive (0.95), regulator (0.9), compliance_legal (0.85), operator_casino (0.9), investor_analyst (0.98), journalist_researcher (0.93)","focusai_suggestions":[{"label":"CoD Manila Revenue Drivers?","query":"Beyond the reported revenue share increase, what specific gaming verticals or operational efficiencies at City of Dreams Manila contributed most significantly to Belle Corporation's enhanced earnings?"},{"label":"Clark IR Development Strategy?","query":"What are the strategic implications and projected capital expenditure for Belle Corporation's second integrated resort in Clark, considering the current market saturation and regulatory landscape?"}],"footnotes":""},"categories":[163,16333],"tags":[23326,19841,405],"class_list":["post-777045653","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-pagcor"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777045653","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\/2395"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777045653"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777045653\/revisions"}],"predecessor-version":[{"id":777045664,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777045653\/revisions\/777045664"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777023509"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777045653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777045653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777045653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}