Melco's Philippines IR partner, Premium Leisure Corp, will build a new casino in Clark
Thursday 18 de July 2024 / 12:00
2 minutos de lectura
(Philippines).-Premium Leisure Corp (PLC), the joint venture partner of Melco Resorts & Entertainment in City of Dreams Manila, is said to be pursuing a new casino resort development in the rising gaming hub of Clark.
According to a report by Reuters, which has cited sources with knowledge of the matter, PLC wants to invest at least US$300 million in any such project and has already applied for a casino license.
Clark, located around two hours north of central Manila, is a former UD military ai base that has emerged as a leading golf and gaming tourism hub. It is already home to seven casinos in Hann Casino Resort, Royce Hotel & Casino, D’Heights Resort & Casino, Casino Plus at Hotel Stotsenberg, Midori Clark Hotel and Casino and Fontana Leisure Parks and Casino, plus the PAGCOR-run Casino Filipino Capital at Xenia Hotel.
The Reuters report claims that PLC’s proposed casino resort would include a convention center and a hotel. It remains unclear whether Melco Resorts would have any stake in PLC’s Clark development although rumors of Melco’s interest in the Clark area have swirled for some time.
PLC, which delisted from the Philippine Stock Exchange only last month, is a subsidiary of real estate Belle Corp. It currently has a revenue share agreement with Melco at City of Dreams Manila, while Melco also pays rent to Belle Corp for use of the land upon which the integrated resort sits.
The PLC proposal, if it becomes a reality, could be one of a number of new casino developments across the Philippines following reports earlier this week that local business tycoon Manuel Villar Jr is looking to open his first casino in 2025 in Las Pinas.
Categoría:Others
Tags: Sin tags
País: Philippines
Región: Asia
Event
Innovation, Investment, and AI Take Center Stage on Day 3 of SiGMA Central Europe
(Rome, SoloAzar Exclusive).- November 6 marks the final and most dynamic day of SiGMA Central Europe 2025, with a packed agenda that blends cutting-edge tech, startup energy, and investor engagement. With exhibitions, conferences, and networking opportunities running throughout the day, Day 3 promises to close the event on a high note.
Thursday 06 Nov 2025 / 12:00
SiGMA Central Europe Awards 2025: BetConstruct Wins Innovative Sportsbook Solution of the Year
(Malta).- BetConstruct has been recognised at the SiGMA Central Europe Awards 2025, receiving the Innovative Sportsbook Solution of the Year award. This achievement highlights the company’s continued focus on elevating retail betting experiences and supporting operators with solutions that create measurable business value.
Wednesday 05 Nov 2025 / 12:00
Roberta Metsola Opens SiGMA Central Europe with a Call for Innovation and Unity: “Europe Is Your Home”
(Rome).- In a powerful keynote that blended optimism with urgency, President of the European Parliament Roberta Metsola officially inaugurated SiGMA’s first-ever Central Europe summit in Rome. Addressing a packed audience of tech and gaming leaders, Metsola emphasized Europe’s role as a global hub for innovation, calling it “a place of the future” and urging the continent to embrace smarter regulation, faster growth, and bold investment in digital industries. Her message: Europe must lead—not follow—in shaping the next era of technology.
Wednesday 05 Nov 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.