Golden Island Hospitality Private Limited has officially teamed up with India’s Majestic Group Hotels & Casinos to establish a Majestic Pride Casino in Colombo, Sri Lanka.
This new casino will be located in the city’s Lotus Tower landmark in Colombo 10, with the company promising a ‘premium gaming experience’. The tower is an iconic landmark in the county’s capital, with a height of more than 350 meters.
Majestic Pride Casino is the largest offshore casino in Goa, with Sri Lanka hotel group Golden Island operating 5-star hotels, villas and restaurants in Kandy and Nuwara Eliya.
The Sri Lanka’s Ministry of Finance, Economic Stabilization & National Policies of Sri Lanka has issued a Casino Business License to Golden Island Hospitality on July 5th, 2024.
An agreement with the Board of Investment of Sri Lanka was also signed on August 1st, to solidify the project. The project was previously reported to be part of a $1 billion makeover of Lotus Tower, transforming it into an ‘entertainment hub’.
‘The Majestic Pride Casino is poised to transform Sri Lanka’s gaming sector with a wide variety of gaming options, setting a new standard for entertainment in the region’, the group noted.
‘This venture is expected to boost tourism, enhance the local economy, and generate employment opportunities for Sri Lankan youth in the gaming and hospitality industries.’
Gaming operator Melco Resorts & Entertainment also has a City of Dreams project in central Colombo in its pipeline.
Goa’s government recently has vowed to take action against unauthorized advertisements for Sri Lankan casinos promoting online gaming in the coastal state.
