If firm approved for exclusive casino licence

Saipan casino project to cost USD 2 billion

(Macau).- First Natural Foods Holdings, the Macau gambling junket investor, would need to invest at least USD 2 billion into a casino-resort on Saipan if it is awarded an exclusive casino licence on the Pacific island.
2014-05-08
Reading time 21 seg
(Macau).- First Natural Foods Holdings, the Macau gambling junket investor, would need to invest at least USD 2 billion into a casino-resort on Saipan if it is awarded an exclusive casino licence on the Pacific island.

Company said as telling the Hong Kong Stock Exchange that subsidiary Best Sunshine International  had submitted a business plan to the authorities on Saipan, which belongs to the United States, in a bid to obtain a gaming licence.

First Natural Foods said it intended to build four hotels and some villas to go with the casino.

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