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City of Dreams Sri Lanka: A $1.2 Billion Game-Changer Unveiled in Colombo

October 16, 2024

Casino Destinations, Casino News, Latest Casino and Gambling News, Casino openings, New Hotels, World Casino News, Casino project updates, Asian Casino News, Sri Lanka

On October 15, the grand unveiling of Cinnamon Life at City of Dreams Sri Lanka marked a monumental step for the John Keells Group and the tourism industry of the country. Developed with an investment surpassin...

SiGMA South Asia Set for Grand Debut in Sri Lanka in 2025

Johnny K.

August 30, 2024

Latest Casino and Gambling News, World Casino News, Gaming Industry News, Conferences / Trade Shows, Asian Casino News, Sri Lanka

Colombo, Sri Lanka is poised to host the premier SiGMA South Asia event, a significant conference dedicated to the online gaming industry, from November 30 to December 2, 2025. This marks the first major gaming...

Majestic Pride Casino to Elevate Sri Lanka’s Entertainment Scene in Colombo’s Lotus Tower

Vanja Mitic

August 12, 2024

Casino Destinations, Casino proposals, Casino News, Latest Casino and Gambling News, World Casino News, Gaming Industry News, Casino project updates, Asian Casino News, Sri Lanka

Golden Island Hospitality Private Limited has partnered with the prestigious Majestic Group Hotels & Casinos to launch the Majestic Pride Casino in Sri Lanka's iconic Lotus Tower. Situated in the bustling a...

Melco Partners with John Keells to Open First Integrated Resort in Sri Lanka

Vanja Mitic

May 1, 2024

Casino News, Latest Casino and Gambling News, Casino Destinations, New Hotels, Casino openings, Gaming Industry News, Casino project updates, Casino moguls, Sri Lanka

Melco Resorts & Entertainment Limited joined forces with John Keells Holding PLC to construct a new integrated resort in Colombo, Sri Lanka. It is estimated that the resort will cost more than US$1 billion....

Sri Lanka Increases License Issuing and Renewal Fees, Ten Operators Apply for the License

Vanja Mitic

January 16, 2024

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Online gambling regulation, Gaming Industry News, Licenses, Financial Press Releases, Sri Lanka

Sri Lanka is increasing the costs of issuing and renewing the casino licenses for all operators currently present in the country, according to Sri Lanka’s Ministry of Finance. So far, the government received te...

Sri Lanka’s Cabinet Of Ministers Validates Establishment Of Gambling Regulatory Authority

Marija Malenovic

June 28, 2023

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, World Casino News, Casino expansion projects, Gaming Industry News, Economy/Finance, Licenses, Taxation, Asian Casino News, Licensing, Taxes, Sri Lanka

The Cabinet of Ministers of Sri Lanka officially validated a proposal to draft legislation to create the Gambling Regulatory Authority (GRA), whose main task will be to supervise the industry and make sure that...

Newest Sri Lanka Casino to Open at Colombo Lotos Tower

Vanja Mitic

November 22, 2022

Latest Casino and Gambling News, Casino Destinations, Casino News, World Casino News, Casino openings, Casino expansion projects, New Hotels, Casino project updates, Asian Casino News, Licensing, Sri Lanka

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Colombo Lotus Tower was recently opened in Colombo, the capital of Sri Lanka. The building will get a casino and entertainment area soon. The casino and entertainment area will be placed across the second floor...

Sri Lanka to issue tranche of four more land-based casino licenses

Adam Morgan

July 8, 2022

Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Economy/Finance, Licenses, Taxation, Sri Lanka

In an attempt to increase tax revenues in the face of a floundering economy and the government for the Asian island nation of Sri Lanka has reportedly approved the issuance of four more land-based casino licens...

Take-Two Interactive to purchase mobile gaming company Zynga for $12.7bn

Sadonna Price

January 11, 2022

Latest Casino and Gambling News, Mergers, Acquisitions & Partnerships, Sri Lanka

With a mixture of cash and stock, Take-Two Interactive has plans to purchase Zynga, a top-rated mobile gaming company, for $12.7 billion. The company announced yesterday that it will pay $9.86 per piece for out...

Sri Lanka looking to bring a casino resort to Colombo Port City development

Adam Morgan

March 30, 2021

Casino proposals, Casino News, Latest Casino and Gambling News, Gaming Industry News, Economy/Finance, Licenses, Mergers, Acquisitions & Partnerships, Sri Lanka

In Sri Lanka and officials could soon reportedly begin formulating new legislation that would allow the country’s under-construction Colombo Port City development to feature at least one large casino resort. ...

Malawi capital city sees Casino Marina open today

Lars Jones

November 29, 2016

Latest Casino and Gambling News, Casino openings, Casino project updates, Sri Lanka

A large Chinese holding company with a subsidiary who operates casinos in Sri Lanka, Zambia, and Mozambique has opened Casino Marina at the Golden Peacock Hotel Complex in New City Centre, Lilongwe, Malawi. Loc...

Sri Lanka government rejects casino investment plans

Adam Morgan

July 22, 2016

Latest Casino and Gambling News, Casino News, Sri Lanka

The Prime Minister for Sri Lanka, Ranil Wickremesinghe, has reportedly broke with the policies of his predecessor after announcing that his government will not be permitting any new casinos to open in the islan...

Sri Lanka govt imposes casino entry levy

Sadonna Price

April 7, 2015

Latest Casino and Gambling News, Gaming Law & Legislation, Casino News, Sri Lanka

After mentioning the potential for a casino entry levy back in October of 2014, Sri Lanka has now implemented a US$100 entry fee for gaming facilities in the area, covering foreign as well as local players. The...

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City of Dreams Sri Lanka: A $1.2 Billion Game-Changer Unveiled in Colombo

SiGMA South Asia Set for Grand Debut in Sri Lanka in 2025

Majestic Pride Casino to Elevate Sri Lanka’s Entertainment Scene in Colombo’s Lotus Tower

Melco Partners with John Keells to Open First Integrated Resort in Sri Lanka

Sri Lanka Increases License Issuing and Renewal Fees, Ten Operators Apply for the License

Sri Lanka’s Cabinet Of Ministers Validates Establishment Of Gambling Regulatory Authority

Newest Sri Lanka Casino to Open at Colombo Lotos Tower

Sri Lanka to issue tranche of four more land-based casino licenses

Take-Two Interactive to purchase mobile gaming company Zynga for $12.7bn

Sri Lanka looking to bring a casino resort to Colombo Port City development

Malawi capital city sees Casino Marina open today

Sri Lanka government rejects casino investment plans

Sri Lanka govt imposes casino entry levy

Major Money Laundering Crackdown in Singapore Tied to Online Gambling

Marina Bay Sands Pursues $9 Billion Loan for Resort Expansion

Bally’s Corporation Stockholders Ratify Strategic Merger with The Queen Casino

Tasmanian Government Delays Implementation of Cashless Pokies Card Amidst Controversy

Michigan Online Casinos Set $220.7M Revenue Record in October