Belle Corp's gaming revenue share from City of Dreams Manila rises 13% in 9M 2026
Php1.48bn share boosts consolidated net income to Php1.66bn for period to 30 September 2026
Key Takeaways
- Belle Corp’s share of gaming revenue from City of Dreams Manila rose 13% year‑on‑year to Php1.48 billion in the first nine months of 2026.
- Consolidated net income for the nine months to 30 September 2026 was Php1.66 billion, up 22% year‑on‑year.
- Q3 2026 gaming revenue share was Php530 million, down 2.3% year‑on‑year but up 13.4% quarter‑on‑quarter.
- Lease income grew 2% to Php2.22 billion and included Php1.77 billion from Melco Resorts and Entertainment (Philippines) Corporation.
Belle Corp. reported a 13% year‑on‑year increase in its share of gaming revenue from City of Dreams Manila for the first nine months of 2026, with the gaming revenue share totalling Php1.48 billion (US$23.2 million). The company said the higher gaming revenue contributed to consolidated net income of Php1.66 billion (US$26 million) for the nine months ended 30 September 2026, a 22% rise versus the prior year.
Quarterly and segment figures
Belle Corp. said its Q3 2026 gaming revenue share was Php530 million (US$11.8 million), a 2.3% decline year‑on‑year but a 13.4% increase on the previous quarter, which was Php467.2 million (US$7.3 million). Consolidated revenue for the nine months rose 11% to Php4.32 billion (US$67.8 million). Lease income increased 2% year‑on‑year to Php2.22 billion (US$34.8 million), and included Php1.77 billion (US$27.7 million) from Melco Resorts and Entertainment (Philippines) Corporation for use of City of Dreams Corporation property.
Partnerships and pipeline
Belle Corp. operates the City of Dreams Manila project through a partnership with Melco Resorts and Entertainment via its subsidiary Premium Leisure Corp. The company said in Q1 2026 Belle Corp. revenue rose 12% (US$10.48 million) with total earnings of US$7.98 million, and Chairman and Chief Executive Officer Lawrence Ho stated the company is confident business will rebound and be reassessed in future planning. Belle Corp. also holds a provisional licence from the Philippine Amusement and Gaming Corporation for a proposed second integrated resort in Clark Freeport Zone; Melco is among the foreign operators reportedly in discussions to manage the planned casino.
Frequently Asked Questions
How much was Belle Corp’s gaming revenue share for the first nine months of 2026?
Belle Corp’s gaming revenue share for the first nine months of 2026 was Php1.48 billion (US$23.2 million), representing a 13% increase year‑on‑year.
What were Belle Corp’s consolidated net income and revenue in the nine months to 30 September 2026?
Consolidated net income was Php1.66 billion (US$26 million), up 22% year‑on‑year, and consolidated revenue grew 11% to Php4.32 billion (US$67.8 million).
What did Q3 2026 results show for gaming revenue share and quarter‑on‑quarter movement?
Q3 2026 gaming revenue share was Php530 million (US$11.8 million), a 2.3% decline year‑on‑year but a 13.4% increase on Q2, which was Php467.2 million (US$7.3 million).
What is Belle Corp planning in Clark Freeport Zone and who is involved?
Belle Corp has secured a provisional licence from the Philippine Amusement and Gaming Corporation for a second integrated resort in Clark Freeport Zone, with Melco among the foreign operators reportedly in discussions to manage the planned casino.
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About the author
Oliver Grant
Industry Technology Correspondent
Oliver Grant covers the technology and business machinery of iGaming — platform and data deals, AI and compliance tooling, affiliate and marketing shifts, and the quarterly numbers behind them. The reports lead with the announcement, name the vendors and figures exactly as published, and separate genuine capability from press-release promise. When a supplier ships a new engine or a regulator tightens ad rules, Oliver Grant explains what actually changes for the companies involved.
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