ABLGI to Operate Belle Casino

Belle Corp. (PSE: BEL), through its subsidiary Premium Leisure and Amusement Inc. (PLAI), has formally engaged AB Leisure Global Inc. (ABLGI), a wholly owned subsidiary of Leisure and Resorts World Corp., to act as operator and manager of its casino under a license issued by the Philippine Amusement and Gaming Corp. (PAGCOR).

PLAI is a member of a consortium that was granted a Provisional License by PAGCOR to establish and operate a casino to be located within the Manila Bay Reclamation Area.

As operator and manager of the casino, ABLGI shall exercise supervision, direction, and responsibility for the operation of the casino operations in behalf of PLAI pursuant to the Provisional License issued by PAGCOR.

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