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Tag Archives: Colombo

Sri Lanka – Crown gets go-ahead in Colombo

Despite splashing his name across all the tabloids thanks to a punch-up with best mate, David Gyngell, James Packer received some positive news last week with the Sri Lankan government saying it will allow his planned US$400m mixed-use resort development in Colombo to operate as a casino. Government spokesman Keheliya Rambukwella said that casinos will…

Sri Lanka – Sri Lanka approves two Colombo casino projects

Sri Lanka’s Cabinet of Ministers have now approved two investments worth around $US1bn in foreign-funded casinos in the capital Colombo, including one involving Australian operator Crown, owned by James Packer. The US$350m project by Mr. Packer to build a mixed-resort in the capital Colombo, including a casino, hotel with a minimum of 400 rooms, convention facilities, restaurants and…

Sri Lanka – Colombo casinos to re-locate to casino zone

The government of Sri Lanka is looking to shake up its gaming sector by ordering all seven casinos located in Colombo to re-locate to a special casino zone in the Beira Lake area. The zone, still in Colombo, is being developed to create a casino hub capable of attracting cash-rich tourists to the country. The…