Belle Corp., a subsidiary of SM Group, recently announced that it will suspend its plans to expand its online gambling business. Senior management admitted that in light of the recent intense debates over online gambling regulation in the Philippines, Belle has decided to adopt a more cautious "wait
The Philippine gaming industry is facing unprecedented challenges. In the first half of 2025, Belle Corp, a real estate giant, saw its gaming revenue from Manila's "City of Dreams" sharply decrease by 18% year-on-year, amounting to only 772.3 million pesos (approximately 13.5 million USD), reflectin
Armin Raquel Santos has said that Clark is emerging as the next gaming and tourism hub in the Philippines.The Philippines.- Armin Raquel Santos, president and CEO of Belle Corp, the parent company ofPremium Leisure (PLC), has said that he remains upbeat on the company’s growth prospects, and bullish
Belle Corp’s gaming revenue was PHP1.50bn.The Philippines.-Belle Corp has reported that revenue from its gaming segment in the first nine months of 2024 decreased by 16.6 per cent year-on-year to PHP1.50bn (US$25.5m) due to performance at City of Dreams Manila.The company’s aggregate net income was
Belle Corp’s casino revenue generated from its share of gaming business at City of Dreams Manila fell by 16.6 percent year-on-year in the first nine months of 2024, to nearly PHP1.50 billion (US$25.5 million), it said in a Thursday filing to the Philippine Stock Exchange.Belle is entitled to a share
Philippine-listed Belle Corp reported revenues of just under PHP2.73 billion (US$47.6 million) for the first half of 2024, down 5.8 percent from a year ago.Belle is an investor in City of Dreams (COD) Manila (pictured), a casino resort in the Philippine capital. The complex – run by a unit of Melco
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