The company’s casino revenue from City of Dreams Manila decreased by 17.3 per cent year-on-year.
The Philippines.- The tourism and leisure developer Belle Corp, a co-licensee of City of Dreams in Manila, has reported that its share of casino revenue was down 17.3 per cent year-on-year to PHP1.9bn (US$32.9m) in full-year 2025.
Belle’s aggregate net income in full-year 2025 was PHP2.11bn (US$36.7m), down 13 per cent year on year, while revenue fell 10.2 per cent, to PHP5.29bn (US$91m). The company announced a dividend PHP0.06 per share for 2025, to be paid on March 27 this year.
Belle is entitled to a share of revenues or earnings from gaming operations at the City of Dreams Manila resort through an operating agreement between Belle’s subsidiary Premium Leisure Corp and Melco Resorts & Entertainment.
In March 2025, Belle Corp. announced ruled out any intention to acquire Melco Resorts & Entertainment’s interests in City of Dreams Manila in the near future. An article in the Philippine Daily Inquirer had suggested that Belle Corp would be the “most logical buyer” if Melco chose to leave the deal under which it operates the gaming area at the integrated resort.
The company’s casino revenue from City of Dreams Manila decreased by 17.3 per cent year-on-year. The Philippines.- The tourism and leisure developer Belle Corp, a co-licensee of City of Dreams in Manila, has reported that its share of casino revenue was down 17.3 per cent year-on-year to PHP1.9bn (US$32.9m) in full-year 2025. Belle’s aggregate net…
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