Net income of leisure estate and gaming company Belle Corporation rose 10 percent in the first six months of 2016, thanks to the stellar performance of City of Dreams Manila.

Belle, which leases out land and building for casino property on a long-term basis, posted a net income of PHP917 million (US$19.5 million), according to a filing of its latest earnings in the Philippine Stock Exchange.

The property firm’s first half net income is PHP80.2 million (US$ 1.71 million) higher than the consolidated net income of PHP836.5 million (US$17.9 million) for the six months ending June 30, 2015.

According to Belle, the company’s operating growth 2016 was fueled mainly by growth in its share in the gaming revenue of City of Dreams Manila, through its 78.7 percent – owned subsidiary, Premium Leisure Corporation.