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Published 10 days ago

Malaysia might add a casino to boost troubled $100 billion mega-development Forest City

Summary by Business Insider
The mall in Forest City in March.Marielle Descalsota/Business InsiderMalaysia may add a casino to Forest City, a mega-development that has turned into a ghost town.The casino, which would be the second in the country, could rejuvenate the struggling property.The move may attract Singapore tourists, who pay a daily tax to gamble at home.Malaysia's Forest City mega-development started with big ambitions and big money.Announced in 2006, the luxury …

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BloombergBloomberg

Malaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest City

Malaysia is in early discussions with tycoons on opening a casino in Forest City, people familiar with the matter said, in a bid to revive the beleaguered $100 billion property project that counts the country’s monarch as one of its shareholders.

10 days ago·United States
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Business InsiderBusiness Insider

Malaysia might add a casino to boost troubled $100 billion mega-development Forest City

The mall in Forest City in March.Marielle Descalsota/Business InsiderMalaysia may add a casino to Forest City, a mega-development that has turned into a ghost town.The casino, which would be the second in the country, could rejuvenate the struggling property.The move may attract Singapore tourists, who pay a daily tax to gamble at home.Malaysia's Forest City mega-development started with big ambitions and big money.Announced in 2006, the luxury …

10 days ago·United States
Read Full Article
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