Belle wants level field as Razon targets expansion
THE GROUP behind City of Dreams Manila raised concerns on the potential impact of the domestic expansion of the owners of gaming licensees, urging the government to dissuade them from putting up casinos outside Entertainment City where local and foreign investors have invested huge sums of money.
On the sidelines of its stockholders’ meeting in Pasay City, Belle Corp. Vice-Chairman Willy N. Ocier told reporters yesterday the SM-backed company is focused on making City of Dreams profitable, but it may consider expanding in the future only because its competitors are doing so.
“In the license that we all have, it guarantees a level playing field. There is [a] clause in our license na dapat (that it should be a) level playing field,” Mr. Ocier said.
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