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Belle Corp says talks are under way with potential casino operators for a planned $300 million integrated resort in Clark, Pampanga.
The company confirmed the discussions in a filing to the Philippine Stock Exchange after a Manila Standard report said Belle had received a provisional casino licence from the Philippine Amusement and Gaming Corp.
Good to Know
- Belle plans to invest at least $300 million in the Clark project.
- The resort could launch within two to three years after an operator is engaged.
- Talks reportedly include three to four foreign casino operators, including Melco Resorts & Entertainment.
Pagcor Licence Sets Up Clark Resort Plan
Sinophil Leisure and Resorts Corp and Foundation Capital Resources Inc, gaming units under Premium Leisure Corp, received a provisional licence from the Pagcor board to develop and operate an integrated resort in the Clark Special Economic Zone.
Belle also asked Pagcor to add Premium Leisure Corp and Belle as co-licensees earlier in 2026. That request remains under assessment. The company said:
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“We confirm that there are ongoing discussions with potential operators. Arrangements on this partnership shall be disclosed as soon as these have been agreed upon by transacting parties.”
Belle already has casino exposure through City of Dreams Manila, which Melco Resorts runs through a local unit. The Manila Standard said Belle was speaking with three to four foreign operators, including Melco, for the Clark project.
Clark sits about two hours from Manila and has been drawing more gaming and MICE tourism activity. Belle said the area is becoming a regional destination for meetings, incentives, conferences, exhibitions, and casino development.
The planned resort would cover several hectares, according to the Manila Standard. The outlet cited Belle president and chief executive Armin Antonio Raquel-Santos as saying the project would use a co-licensing model, with the chosen operator managing gaming while leasing the land.
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Once a partner is chosen, Belle is expected to submit a revised development plan based on the operator design and requirements.
Belle said it expects to earn from lease income and a share of gross gaming revenue once the property opens. In the first quarter of 2026, Belle gaming revenue from its share of City of Dreams Manila casino business rose 12.3% year on year to PHP485.7 million, or $8 million.
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