{"id":777049276,"date":"2026-11-02T11:12:59","date_gmt":"2026-11-02T14:12:59","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777049276"},"modified":"2026-11-02T11:19:08","modified_gmt":"2026-11-02T14:19:08","slug":"belle-corp-records-13-4-quarterly-rise-in-city-of-dreams-manila-gaming-income","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/belle-corp-records-13-4-quarterly-rise-in-city-of-dreams-manila-gaming-income","title":{"rendered":"Belle Corp records 13.4% quarterly rise in City of Dreams Manila gaming income"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">The casino\u2019s contribution helped drive Belle\u2019s consolidated revenue to PHP4.32bn (US$67.7m) in the first nine months of 2026.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\">The Philippines.- Philippine property and leisure group <strong>Belle Corporation<\/strong> generated PHP530m (US$8.3m) in gaming revenue share from <strong>City of Dreams Manila<\/strong> in the third quarter of 2026. That&#8217;s a rise of 13.4 per cent quarter-on-quarter but down 2.8 per cent from the PHP545.3m (US$8.5m) recorded in the same period of 2025.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The figures were included in Belle\u2019s unaudited third-quarter financial results filed with the <strong>Philippine Stock Exchange (PSE)<\/strong> on October 29. The company receives the gaming revenue share through its subsidiary, <strong>Premium<\/strong> <strong>Leisure Corporation (PLC)<\/strong>, under an arrangement with City of Dreams Manila operator <strong>Melco Resorts &amp; Entertainment<\/strong>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">For the nine months ended September 30, Belle\u2019s gaming revenue share from the casino totalled PHP1.48bn (US$23.2m), up 12.5 per cent from PHP1.32bn (US$20.7m) in the same period last year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Beyond its gaming revenue arrangement, Belle also earns rental income from Melco\u2019s Philippine subsidiary under a lease covering the integrated resort\u2019s property. The lease generated PHP591.7m (US$9.3m) in the third quarter, compared with PHP587.8m (US$9.2m) in the same period of 2025. For the first nine months of 2026, rental income totalled PHP1.77bn (US$27.7m), broadly unchanged from PHP1.76bn (US$27.6m) a year earlier.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the group level, Belle recorded consolidated revenue of PHP4.32bn (US$67.7m) in the first nine months of 2026, up 11.3 per cent year-on-year. Net income increased 25.7 per cent to PHP1.66bn (US$26m) from PHP1.32bn (US$20.7m). The company attributed the improvement in its bottom line to higher revenue and lower financing costs. Interest expenses and other financing charges fell 29.9 per cent to PHP358m (US$5.6m) during the reporting period.<\/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\/2026\/05\/c526c5f5-f995-4df7-9fc6-26dfaa0078ce-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\/pagcor-net-income-drops-84-85-in-nine-months\">PAGCOR net income drops 84.85% in nine months<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>The casino\u2019s contribution helped drive Belle\u2019s consolidated revenue to PHP4.32bn (US$67.7m) in the first nine months of 2026.<\/p>\n","protected":false},"author":2395,"featured_media":777045684,"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 a 12.5% year-on-year increase in gaming revenue share from City of Dreams Manila for the first nine months of 2026, reaching PHP1.48bn (US$23.2m), despite a slight 2.8% decline in Q3 2026 compared to the previous year. The Philippine property and leisure group's consolidated revenue grew 11.3% to PHP4.32bn (US$67.7m), with net income surging 25.7% to PHP1.66bn (US$26m) driven by higher revenue and reduced financing costs.","focusai_entities":"Belle Corporation, Premium Leisure Corporation, City of Dreams Manila, Melco Resorts & Entertainment, Philippine Stock Exchange, PAGCOR","focusai_location":"Philippines","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), operator_casino (0.9), investor_analyst (0.98), supplier_vendor (0.7), journalist_researcher (0.93)","focusai_suggestions":[{"label":"Belle's Dividend Strategy?","query":"Given Belle Corporation's 25.7% net income growth and stable rental income, how might the slight Q3 2026 YoY dip in gaming revenue share influence its capital allocation strategy or future dividend policy?"},{"label":"CoD Manila Performance Drivers?","query":"What specific operational or market factors contributed to the 13.4% quarter-on-quarter increase in gaming revenue share from City of Dreams Manila for Belle Corporation, and are these trends sustainable for future periods?"}],"footnotes":""},"categories":[163,16333],"tags":[23326,29,19841],"class_list":["post-777049276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-east-asia-news","tag-belle-corp","tag-casino","tag-city-of-dreams-manila"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777049276","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=777049276"}],"version-history":[{"count":7,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777049276\/revisions"}],"predecessor-version":[{"id":777049287,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777049276\/revisions\/777049287"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777045684"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777049276"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777049276"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777049276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}