Sri Lanka
John Keells eyes gaming deal
John Keells Holdings PLC, Sri Lanka's largest hotel operator and largest listed company by market capitalization, is in talks to buy part of one...
Capital casinos to be corralled into new zone
The government plans to require all eight casinos in Colombo to be located in a new gambling and entertainment district taking shape along DR...
Crown venture nears approval
Lakshman Yapa Abeywardena, investment promotion minister, said that the government is finalizing its investment approval for Crown Ltd.'s planned Colombo joint venture and will...
Partner confirms Crown venture
Ravi Wijeratne, chairman of Rank Entertainment Holdings (Pvt.) Ltd., confirmed that he will be developing a 430-room casino hotel on a Colombo site owned...
Minister confirms Crown application
Crown Ltd. has submitted an investment application to the government, according to Lakshman Abeywardena, investment promotion minister. The Australian casino operator is reportedly considering...
Updated: Crown looking at “numerous overseas opportunities”
Local media reported that Crown Ltd. had acquired a site in Colombo to build a 36-story Crown Colombo hotel casino. The $350 million project...
Sri Lanka adopts casino incentives
Parliament passed a package of tax incentive for casino investment after overcoming opposition that reached the governing coalition and a legal challenge. Patali Champika...
Packer revisits Sri Lanka, meets ministers
James Packer, chairman of Crown Ltd, met with Sri Lankan cabinet ministers to discuss possible investments in the country in his second visit in...
Packer eyes Sri Lanka
James Packer met with Sri Lankan officials to discuss investment options in the hotel and entertainment industries. Packer owns half of Australian gaming operator...
Gaming tax doubles in Sri Lanka
The Inland Revenue Department has revised the Betting and Gaming Levies for 2013. The gaming tax has doubled to USD $1.8 m. per year....