WPL signs MoU for casino operation

Further to the ongoing discussions with prospective gaming operators, Waterfront Properties (Private) Limited (WPL) entered into a Memorandum of Understanding (MoU) with a leading international gaming operator.

This MoU consists of the framework for investing into and operating of a casino at the Cinnamon Life Integrated Resort as well as the commercial framework between the parties.

As originally envisaged, WPL will lease out space at the Cinnamon Life Integrated Resort for the operation of the casino. On finalising details of the fit-out and equipping costs and conclusion of the lease agreement, a detailed disclosure will be made soon.

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