Belle Corporation Wins the Asia Integrated Reporting Award, Bullish on Gaming

​With Clark, Pampanga emerging as the next gaming and tourism hub, Belle Corporation (Belle) President and CEO Armin Raquel Santos remains upbeat on the Company’s growth prospects, and bullish on the Philippine gaming market and its resilience despite industry headwinds.

In a stock exchange filing in July 2024, Belle said gaming-focused investment companies of 98.26%-owned Premium Leisure Corp. had applied for a gaming license from government regulators to develop an integrated resort in the former American air base.

Mr. Raquel Santos added that Belle, through its gaming subsidiaries, continues to explore and pursue related ventures and high-growth opportunities in the gaming space that will enhance shareholder value, while delivering its commitments to all stakeholders.

Belle wins Asia Integrated Reporting Award

As Belle continues to pursue new avenues of growth for its diverse businesses, it is ever mindful of its commitment to sustainability, good corporate governance, and transparency and accountability. More recently, the Company received the Silver Award in the mid and small-cap companies (SME) category at the 9th Asia Integrated Reporting Awards (AIRA). 

Mr. Raquel Santos, remarked, “Belle is proud to achieve its first-ever Asian award. This win is a manifestation of our strong commitment to transparent, balanced and accurate reporting. Our shareholders can expect us to continue to operate responsibly, serve our communities and create value.”

Regarded as one of the highest recognitions in integrated reporting, this award highlights how Belle, which has been publishing sustainability and integrated reports since 2018, included decision-useful information on governance, strategy performance and its future prospects in reports.

In early 2024, Belle also notched its first ever Anvil Award from the Public Relations Society of the Philippines (PRSP) for the same report in the PR Tools: Publications category after undergoing a three-tier judging process and scoring high marks in all criteria by a panel comprised of industry experts from the Philippines and neighboring Southeast Asian countries. 

Belle Corporation (Belle or the Company) is a developer of world-class resort destinations, gaming and leisure properties in the Philippines such as City of Dreams Manila and Tagaytay Highlands. Belle's integrated resort in PAGCOR's Entertainment City is being leased on a longterm basis to Melco Resorts and Entertainment (Philippines) Corporation, which holds an operating agreement with Premium Leisure Corp.'s (PLC) wholly owned subsidiary PremiumLeisure and Amusement, Inc. Aside from lease income, the Company earns gross gaming revenues from City of Dreams Manila through its 98.26% ownership in PLC and owns approximately 1.5 hectares of presently undeveloped land from across the site.

Belle also owns significant real estate assets in the Tagaytay Highlands, Midlands and Greenlands complexes where it develops premium residential resort projects south of Metro Manila and holds majority proprietary shares in its exclusive club and golf facilities. This year, Belle's Tagaytay Highlands is celebrating 30 years of redefining mountain resort living.