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Tag Archives: John Keells

Sri Lanka – New government could spell the end for Crown in Sri Lanka

The election of a new president in Sri Lanka could spell the end for Australian operator Crown’s attempts to develop a $US400m casino resort in the capital of Colombo. Newly elected Maithripala Sirisena has promised to ‘disallow’ licences for casinos put forward by James Packer’s Crown Resorts and local developer John Keells Holdings. Mr Sirisena…

Sri Lanka – Building new casino empires

John Keells Holdings, Sri Lanka’s largest listed conglomerate, is presently at work in Colombo preparing the foundations for its new $650m resort, the largest investment by a domestic company in Sri Lanka. The resort, which is due to open in 2018, will include an 900-room luxury hotel, conference venues, a shopping mall, residential apartments, an…

Sri Lanka – Muslim Council demands end to Sri Lanka’s casino expansion

An online petition demanding Sri Lanka’s President Mahinda Rajapaksa scraps plans to permit Crown Resorts and John Keells Holdings to both build resorts casinos in the capital of Colombo has been launched by the Muslim Council of Sri Lanka. The ‘Stop casinos in Sri Lanka petition’ said: We want the incumbent government to immediately stop the…

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…