Belle Corporation, the parent company of Premium Leisure Corp (PLC), has successfully completed a tender offer for the voluntary delisting of its subsidiary from the Philippine Stock Exchange (PSE).

Belle Corp’s consolidated revenues improved by 3 percent to $98.6 million in 2023 from the $95.4 million recorded in 2022. These were driven mainly by other gaming-related revenues.

City of Dreams Manila drove a strong increase in revenue for Belle Corp, at least in regard to its gaming segment, with figures up 28 percent year-on-year, to PHP1.23 billion ($22.46 million) during the first half-year.

Belle Corporation was buoyed by first-half figures for 2022, recording a 61% revenue increase to  Php2.82 billion (US$50.5 million).

Belle Corp. said its share of gaming revenue from the City of Dreams Manila dropped 20 percent in the first quarter due to Covid restrictions and ongoing border closures.

Belle Corp, which gets a share in revenue from Melco Resorts & Entertainment’s City of Dreams Manila, said the contribution from the casino business for 2021 had doubled.

Philippines-listed Belle Corp, a co-licensee of Manila’s City of Dreams casino reported an 84 percent rise in net income for the first nine months of 2021, reaching P693.5 million.

A joint venture with Belle Corp. unit, Pacific Online Systems Corp. has been awarded a PHP5.8 billion lease contract with the Philippines Charity Sweepstakes Office.

Belle Corp. said its 2Q revenue rose 27 percent, mostly powered by its share in income from Manila's City of Dreams resort.

Philippines-listed Belle Corp saw its total revenue fall around 9 percent year-on-year in the first quarter of 2021, due to a fall in its gaming revenue in Manila, along with its real estate and lottery business.