Anwar claims that Forest City will not see a casino built there.

Anwar claims that Forest City will not see a casino built there.

PUTRAJAYA: Today, Anwar Ibrahim, the prime minister, ruled out any intention to establish a casino in Forest City, Johor.

“Not true, not true. Casino licence… That’s a lie,” he told reporters while holding out his arms in an X sign.

He was questioned on the veracity of reports that Johor’s Forest City development was in the process of applying for a second casino license in Malaysia.

Anwar met with Lim Kok Thay of Genting Group and Vincent Tan, the founder of Berjaya, last week to discuss the issue, according to a report earlier today by Bloomberg.

Bloomberg claimed that a casino would revitalize the US$100 billion real estate project, citing people with knowledge of the situation.

A casino license must be renewed every three months at the finance minister’s discretion, making gambling one of the most regulated industries in Malaysia, according to the Bloomberg report. Anwar holds the position of Finance Minister as well.

Since 1969, Genting has maintained exclusive possession of Malaysia’s casino license and runs Genting Highlands, the nation’s only casino.

Additionally, Genting runs casinos in Singapore, the United Kingdom, and the United States.

Tan wished to bring back plans to run a casino at the Berjaya Hills Resort in Pahang, according to a 2014 New Straits Times article.

Tan had requested a license to run a casino in Berjaya Hills since 2004, but the application was turned down due to opposition from some quarters, according to the report.

– Agency

Share This


Wordpress (0)
Disqus ( )