Tan taking a gamble

[Michael Morris]

http://focusgn.com/tan-fights-casino-permit-malaysia

Malaysia.- Tan Sri Vincent Tan, who quit his position of chairman of Berjaya Corp Bhd back in 2012, said that he might apply for a license to operate a casino in Malaysia in order to “end the monopoly of Genting Malaysia Bhd.

According to Tan, the Asian country should have more than just one casino operated by more than one party in order to boost tourism. A second casino operated by a different company could generate more income for the local government and accelerate growing sectors, such as tourism and hospitality.

This isn’t the first time that Tan requests a license, as he already applied 13 years ago to be the operator at Berjaya Hills Resort in Pahang and got rejected. “The government should give us the licence as we are investing and creating jobs for the people. Why give Genting the monopoly for 50 to 60 years? We are in the lottery business and we never had a monopoly. The pie for the casino business is big enough for us to share,” he said.

[life on mars]

http://focusgn.com/tan-fights-casino-permit-malaysia

Malaysia.- Tan Sri Vincent Tan, who quit his position of chairman of Berjaya Corp Bhd back in 2012, said that he might apply for a license to operate a casino in Malaysia in order to “end the monopoly of Genting Malaysia Bhd.

According to Tan, the Asian country should have more than just one casino operated by more than one party in order to boost tourism. A second casino operated by a different company could generate more income for the local government and accelerate growing sectors, such as tourism and hospitality.

This isn’t the first time that Tan requests a license, as he already applied 13 years ago to be the operator at Berjaya Hills Resort in Pahang and got rejected. “The government should give us the licence as we are investing and creating jobs for the people. Why give Genting the monopoly for 50 to 60 years? We are in the lottery business and we never had a monopoly. The pie for the casino business is big enough for us to share,” he said.

The chips are down .

[Taunton Blue Genie]

At least the casino wheel is already red and black.

[life on mars]

He spinning out of control,not sure where the dice will land

[jon1959]

There's an interesting article in The star Online today about Tan's new hotel in Kyoto and his other businesses. No mention of football clubs but a couple of quotes that don't quite fit with his record/commitment at Cardiff (so far at least):

http://www.thestar.com.my/business/business-news/2016/12/03/wheels-of-business-still-spins-for-vincent-tan/

Tan, who has wheeled and dealed a number of businesses in his time, was quick to point that there is an important rule when it comes to business.

“We don’t fall in love with any of our businesses,” he tells the media in an hour long interview.

“Except for family, everything is for sale at the right price,” he says.