Definitely glue failure. Possibly too thick bamboo backing. How thick is the backing? If it is not too thick but still intact, I would love to see the bow cleaned up and glued back together, at least for experiment.
I've been making lam bows glass and wood for 15 years that isn't a 'glue failure'. Shady grain on the belly lam is the cause.
Regarding the glue there are too many variables.
What has the thickness of the backing got to do with anything?
Why on earth would you glue that back together.....it would do the same thing at best. Main thing being that the pores the glues 'ran into' are now filled so good luck gluing again. How would gluing it back together alter the grain run out on the belly?