Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* 36-story casino palace to come up in Sri Lankan capital Colombo
Sat, Apr 13, 2013, 11:40 pm SL Time, ColomboPage News Desk, Sri Lanka.

Apr 13, Colombo: A 36-story skyscraper will be built in the heart of Sri Lankan capital Colombo for a casino and gaming enterprise, Sri Lanka business sources said.

Australian casino king James Packer has reportedly acquired a valuable land adjacent to the state-owned Lake House newspaper publishing house adjoining the Beira Lake.

Packer has agreed to invest US$350 million to build the casino palace which will be known as 'Crown Colombo.' The structure will be completed and opened for business in 2016.

Sri Lanka government recently passed the Casino Business (Regulation) Act with two-third majority to pave way for attracting the investments in gambling market.

Reportedly, India's Delta Corp and Las Vegas Sands (LVS) of US and several Asian casino giants have also expressed interest to start casino business in Sri Lanka.

ColomboPage - Recent 10 Stories
India closely monitoring situation in Sri Lanka
-- [41 minutes ago]
UK issues travel advice on Sri Lanka after multiple bomb explosions
-- [59 minutes ago]
Update: Scores killed and injured in bomb explosions at churches and five-star hotels in Sri Lanka capital Colombo
-- [1 hour and 30 minutes ago]
Bomb explosions at two churches in Sri Lanka
-- [2 hours ago]
Sri Lanka export agency hits at Port Authority tariff revision
-- [2 hours ago]
Present government cannot be defeated by any conspiracy - Minister Mangala
Plans to produce electricity from natural gas from Mannar basin in four years
Sri Lanka Speaker willing to run for president if people, party approve
National program to provide a glass of fresh milk for school children on April 22
Daily income from newly opened Beliatta railway station exceeds Rs. 500,000

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.