The history of Genting Highland’s casino is intertwined with the famous resort and the sole casino owner in Malaysia. Genting’s founder, Tan Sri Lim Goh Tong had a dream of building a world-class hill resort, and a part of that dream was the establishment of a casino that would rival any in Asia. On 28th April 1969, he submitted an application for a casino license to the Prime Minister Tunku Abdul Rahman. By sheer providence, a cabinet meeting was being held that very afternoon, and Tan Sri Lim Goh Tong’s application approved. To this day, the Casino de Genting is the first and only casino in Malaysia. Although the gambling license is issued by Finance Ministry, Casino de Genting still has to renew every three month since the license grant in year 1969 to a state gambling license under Pahang Entertainment Enactment Art.
In Malaysia, Genting Highland is the sole casino owner in Malaysia. Genting Group has a rare gambling license from the predominantly Muslim Malaysian government. Because of increase in the population of Muslim in Malaysia, the government granted the casino license with restrict entry to other companies so that it can limit the number of operating company into one company only which is the one and only Genting Berhad. Casino de Genting is a place which established under the Common Gaming House Act. Their gaming license has to renew every three month from Finance Ministry since the license grant in year 1968. Many people don't know that actually the first Casino de Genting was inside current Theme Park Hotel. Basically the Casino de Genting located at the border of two states with Highland Hotel (Hollywood,IR,VIP Room) in Pahang and Genting Hotel (Circus Palace,Showboat,Monte Carlo,Latte) in Selangor. So in case PAS takeover Pahang as they did in Kelantan and threaten to close down casino,they just move the Casino de Genting in Highland Hotel to Selangor side. Although the gaming license is issued by Finance Ministry,Casino de Genting still has...
Please join StudyMode to read the full document