Genting Group chairman open to casino development in United Arab Emirates

In light of the United Arab Emirates' efforts to legalize gambling, the chairman of Genting Group stated that the company is open to exploring the creation of integrated casino resorts there.

The CEO told shareholders at a Genting Singapore Ltd. annual meeting that an international tender for a casino-only development in the Middle East region is unlikely. Friday's stock exchange filing contained the meeting minutes.
 
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