Project intended for Berjaya Hills, owned by Berjaya Corp.
Malaysian billionaire to invest in new casino complex
(Malaysia).- Vincent Tan may invest more than USD 93 billion to build a casino complex in the state of Pahang, if authorities approve a plan for what would be the country’s second casino. Tan aims to apply for a license to operate a casino in Berjaya Hills, a resort area owned by Berjaya, in which he is the largest shareholder with a 23.03 percent stake.
alaysia’s only existing casino is owned by gaming-to-plantations conglomerate Genting Bhd, which saw US$ 14 billion in revenue come from the casino in the first quarter this year.
What is your opinion about this article?