Sunday, September 8, 2024

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Pacific Online Systems sees 17% drop in Philippine lottery revenue in 1H24

Philippine lottery firm Pacific Online Systems Corp saw a 17 percent drop in its revenues during the first half of the year, totaling some PHP259.1 million, amongst a strong increase in expenses and a transition from the legacy lotto operating system.

Premium Leisure Corp. to delist from PH Stock Exchange on July 9th

The Philippine Stock Exchange has announced the approval of the voluntary delisting of Premium Leisure Corp effective July 9th.

Premium Leisure Corp. moves closer to delisting, public float reduced to 0.45%

Premium Leisure Corp. (PLC), an investor in City of Dreams Manila, is one step closer to delisting from the Philippine Stock Exchange (PSE).

Premium Leisure Corp. sees 50% increase in gaming revenue last year 

Philippines-headquartered integrated resort, casino, and lottery company Premium Leisure Corp. (PLC) has recorded an impressive growth in 2023.

Belle Corp. 1Q22 share of City of Dreams Manila gaming revenue drops 20%

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. revenue from CoD Manila doubles in 2021

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.

Belle Corp unit gets PHP5.8b contract with Philippines Charity Sweepstakes Office

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.

Premium Leisure Corp sees 49 percent increase in net income in 2Q23

Sizeable topline growth helped trigger upward momentum in the net income of Philippines-headquartered integrated resort, casino, and lottery company Premium Leisure Corp (PLC) in the first half of 2023.

Premium Leisure Corp sees 109 percent increase in net profit in 1Q23

Sizeable topline growth helped trigger upward momentum in the net income of Philippines-headquartered integrated resort, casino, and lottery company Premium Leisure Corp (PLC).

PAGCOR defends tax collection record, as the government seeks more funds from gaming

The Philippines’ market regulator PAGCOR is pushing back against accusations that it has failed to collect enough tax from its offshore gambling operators.