Work starts on Genting UK Birmingham casino

Work starts on Genting UK's Birmingham casino

Britain’s largest land-based casino operator, Genting UK, has started work on its new Resorts World Birmingham venue after receiving what it called ‘a significant funding package’ from The Royal Bank of Scotland.

The new leisure resort destination at the National Exhibition Centre (NEC) will create nearly 1,000 permanent jobs once it is completed in 2015.

“The team at The Royal Bank of Scotland clearly understood our ambitions and matched our passion for developing the region with this deal,” said Richard Salmond from Genting UK.

“The bank developed a bespoke package to assist with our project and has been instrumental in helping this project become a reality. We’re confident that this project for Birmingham will boost the local economy and become a core asset for the company in the UK.”

Genting stated that the money was made available via the government’s Funding For Lending Scheme in partnership with The Royal Bank of Scotland’s Corporate and Institutional Banking division while the Resorts World Birmingham venue will serve as a valuable addition to its portfolio of over 40 casinos located across the UK and including its flagship Crockford’s property in London.

“Genting is a world famous brand and this latest project is very exciting,” said Robert Newell, Large Corporate Coverage Relationship Director for the Corporate and Institutional Banking section.

“In particular, it shows the company has a strong commitment to the local economy. We hope the resort will be very successful and are looking forward to watching it develop and grow.

“The Funding for Lending Scheme has helped us to be the bank of choice for this initiative. The Royal Bank of Scotland is dedicated to helping businesses grow and invest in the UK and can help businesses of all sizes with their business aspirations.”