Philippine Belle confirms subsidiary applied for new gaming license

July 19, 2024 - 10:24 AM
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Belle Corporation (Belle Corp/Facebook)

 Philippine leisure and property firm Belle Corp BEL.PS confirmed through a stock market disclosure on Thursday that it has applied for a new gaming license from the government regulator.

Reuters reported on Wednesday that Belle planned to invest at least $300 million in an integrated casino and resort north of Manila, citing two sources with knowledge of the matter.

READ: Philippines SM Investments plans casino-resort north of Manila, sources say

—Reporting by Neil Jerome Morales; Editing by Martin Petty