Belle Corp year-on-year gaming revenue share rises 13%

For the first nine months of 2026, Belle Corp. reports a rise in its share of gaming revenue from City of Dreams Manila by 13% compared to the previous year. Gaming revenue share during the period amounted to Php1.48 billion (US$23.2 million). In Q3 revenue share was Php530 million (US$11.8 million), which was lower than the previous year by 2.3% but higher than the previous quarter by 13.4%, which was Php467.2million (US$7.3 million). The increased gaming revenue lead to a consolidated net income by Php1.66 billion (US$26 million), which represents a 22% increase year-on-year during the nine months till September 30, 2026, while the consolidated revenue grew by 11% to Php4.32 billion (US$67.8 million). Lease income rose by 2% year-on-year to Php2.22 billion (US$34.8 million). Revenue from Melco Resorts and Entertainment (Philippines) corporation regarding the use of City of Dreams Corporation property is included in the lease income with Php1.77 billion (US$27.7 million) earned. In Q1, Belle Corp. revenue was increased of 12% ($10.48 million) with total earnings coming in at $7.98 million. At that moment, Chairman and Chief Executive Officer Lawrence Ho mentioned that the company is confident that business will rebound and reevaluate in the future. Belle Corp. has partnered with Melco through its subsidiary Premium Leisure Corp in the integrated resort. In addition, the company has been receiving part of the gaming revenue and rental payments from Melco. The company is also planning to develop a second integrated resort in Clark Freeport Zone. It has already secured a provisional licence from PAGCOR for the project, with Melco among the foreign operators reportedly in discussions to manage the planned casino.