Does Vincent Tan still retain his casino aspirations?

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PETALING JAYA: A casino would undoubtedly be the crown jewel in Vincent Tan’s gaming empire, but many have been left wondering whether the Berjaya Corp Bhd founder retains any such aspirations following the events of the last two days.

On Thursday, Prime Minister Anwar Ibrahim vehemently denied a report suggesting that the government has plans to issue a licence for a casino in Forest City, Johor.“Not true, not true. Casino licence… That’s a lie,” he told reporters, making an “X” sign with his arms to emphasise his point.

The Genting casino contributed as much as RM5 billion annually to government coffers before the pandemic, according to a report by brokerage firm UOB Kay Hian.Berjaya Corp has since refuted the Bloomberg article, denying that Tan was involved in talks with Anwar on the prospect of opening a casino in Forest City.

The Bloomberg piece claimed Tan has long harboured ambitions of winning a casino licence in Malaysia, “but has been rejected at least twice”, citing local media reports. At the time then prime minister and finance minister Najib Razak defended issuance of the licence as a means to “curb illegal gambling activities in the country”.

 

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Does Vincent Tan still retain his casino aspirations?PETALING JAYA: A casino would undoubtedly be the crown jewel in Vincent Tan’s gaming empire, but many have been left wondering whether the Berjaya Corp Bhd founder retains any such aspirations following the events of the last two days.
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