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Philippines

Belle Corp. says no plans to acquire Melco’s interest in COD Manila if company exits PH market

Kelsey Wilhelm - March 3, 2025

Belle Corporation, the Philippine-listed parent company of Premium Leisure Corp, and landlord of City of Dreams Manila, has clarified that it does not plan to buy out Melco Resorts & Entertainment’s interests in the property if it chooses to exit the Philippines.

Philippines

Belle Corp sees gaming share from CoD Manila contract but leasing revenue increase

Kelsey Wilhelm - November 8, 2024

Belle Corp, the Philippine-listed parent company of Premium Leisure Corp (PLC) saw a 17 percent contraction in its share of gaming revenue from City of Dreams Manila during the first nine months of the year.

Philippines

Belle Corp sees CoD Manila gaming revenue fall 24% y-o-y in 1H24

AGBrief Editorial - August 8, 2024

Belle Corporation, the Philippine-listed parent company of Premium Leisure Corp (PLC), has announced that it saw a 24 percent yearly drop in gaming revenue from its share of City of Dreams Manila during the first half of the year, to $16.43 million.

Philippines

CoD Manila uptick drives 57 percent profit rise for Premium Leisure Corp

AGBrief Editorial - October 27, 2023

City of Dreams Manila operator Premium Leisure Corp has seen a 57 percent uptick in profit, topping some PHP1.91 billion ($33.5 million) during the nine months ended September 30th, ‘mainly brought about by better and more robust economic environment in 2023’.

Philippines

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

AGBrief Editorial - March 3, 2023

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).

Philippines

COD Manila to deploy AI-powered chip counting tech

Felix Ng - April 13, 2022

Melco’s City of Dreams Manila is deploying a first-of-its-kind “AI-based machine vision platform” to support its Melco Club loyalty program.

Philippines

Belle Corp. revenue from CoD Manila doubles in 2021

Sharon Singleton - March 17, 2022

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

PAGCOR Photo Exhibit’s third edition debuts at Okada Manila

AGBrief Editorial - March 6, 2025

After the success of two photo exhibits last year, PAGCOR launched the third installment of its Photography Contest exhibit on Wednesday, March 5, at Okada Manila.

Philippines

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

Kelsey Wilhelm - April 22, 2024

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.

Philippines

Melco Resorts registers $243.84m 3Q22 loss, optimistic about Manila

Kelsey Wilhelm - November 3, 2022

Melco Resorts and Entertainment registered a net loss of $243.8m in 3Q22, with casino revenues of just $181.96m. The group remains optimistic about its Manila property as travel restrictions ease.