Tuesday, May 21, 2024

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PH lotto operator Pacific Online Systems Corp sees 40 percent revenue increase in Jan-Sept period

Pacific Online Systems Corporation, a Philippine operator of the Lotto, has announced a 40 percent increase in revenue during the first three quarters, topping PHP358.1 million ($6.4 million).

Norwich scandal highlights online regulatory challenge

English Premier League Club Norwich City this month had to dump its lead Asia-facing sponsor due to inappropriate advertising, highlighting the difficulties of regulating global online gaming, even in a jurisdiction regarded as one of the gold standards.

Drops in VIP trigger 44% fall in PLC’s City of Dreams Manila GGR share

City of Dreams Manila saw a significant drop in VIP revenue during the first three months of the year, causing one of its parent companies - Premium Leisure Corp (PLC) - to record a 44 percent annual drop in gaming revenue from the property.

Belle Corp revenue reaches $98.6M in 2023, boosted by gaming units 

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.

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.

Premium Leisure Corp’s net earnings surge 51 percent Jan-Aug 2023 vs. 2022

The Philippines' Premium Leisure Corp (PLC), an investor in City of Dreams Manila, announced that the firm has achieved excellent success in the first eight months of 2023, particularly in its casino and lottery businesses.

Premium Leisure Corp sees 20% increase in 2022 gaming revenue from COD Manila

The Philippines' Premium Leisure Core, an investor in City of Dreams Manila, saw a 20 percent increase in its gaming revenue share from the property in 2022 – topping PHP1.56 billion ($22.67 million).

Premium Leisure Corp performance gaining ground

Premium Leisure Corporation reported a total comprehensive income of Php603.3 million in the third quarter of 2022, with Melco Resorts contributing a bulk of 80 percent.

Premium Leisure Corp posts $14.7m net profit for 1H22, up 47 percent YoY

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

Belle Corp records 61% revenue increase in the first half of 2022

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