(AsiaGameHub) –   Belle Corp confirms that discussions are ongoing with potential casino operators for a proposed $300 million integrated resort in Clark, Pampanga.

The company made the confirmation in a filing with the Philippine Stock Exchange following a report by Manila Standard stating that Belle had obtained a provisional casino license from the Philippine Amusement and Gaming Corp (Pagcor).

Good to Know

• Belle intends to invest at least $300 million in the Clark project.
• The resort may launch within two to three years after a partner is selected.
• The talks reportedly involve 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, both gaming subsidiaries of Premium Leisure Corp, have received a provisional license from Pagcor’s board to develop and operate an integrated resort within the Clark Special Economic Zone.

Belle also requested Pagcor to include Premium Leisure Corp and itself as co-licensees earlier this year. That request is still under review. The company stated:

“We confirm that there are ongoing discussions with potential operators. Any partnership arrangements will be disclosed once they are finalized by the involved parties.”

Belle currently has a stake in the gaming industry through City of Dreams Manila, which is operated locally by a unit of Melco Resorts. According to Manila Standard, Belle is in talks with three to four foreign operators—including Melco—for the Clark project.

Located about two hours from Manila, Clark has been increasingly attracting gaming and MICE (meetings, incentives, conferences, and exhibitions) tourism. Belle noted that the area is emerging as a regional hub for such events and casino development.

The planned resort would span several hectares, as reported by Manila Standard. The outlet cited Belle president and CEO Armin Antonio Raquel-Santos saying the project would use a co-licensing structure, where the chosen operator manages gaming operations while leasing the land.

Once a partner is selected, Belle plans to submit a revised development plan based on the operator’s design and operational requirements.

Belle expects to generate income from lease payments and a share of gross gaming revenue once the resort opens. In Q1 2026, Belle’s gaming revenue from its share of City of Dreams Manila rose 12.3% year-on-year to PHP485.7 million ($8 million).