South Asia's first integrated resort "City of Dreams" is set to have a grand opening in Colombo, expecting to welcome over 400 gamblers from across Asia. The project, a collaboration between Nuwa Hotels Group and international gaming giant Melco Resorts & Entertainment, is scheduled for a grand laun
As the trend of gambling legalization accelerates in South Asia, Sri Lanka is rapidly emerging as a new focal point in the regional gambling market. Recently, the well-known Asian gambling equipment supplier LT Game announced a partnership with Majestic Pride Casino in Sri Lanka, and the project has
Sri Lanka, striving to break through on the road to economic recovery, is injecting new vitality into national development through the dual drive of "gambling" and "art".The major flagship project located in Colombo Port City, Clothespin Towers, is about to officially launch, with a total investment
The well-known Philippine enterprise "Jiuding Group" has recently caused a strong backlash from the logistics team due to forcing employees to collectively relocate to work in Sri Lanka. After the company closed the Philippine market and shifted its business overseas, the remaining employees were ex
Sri Lanka is accelerating the legalization of the gambling industry. Recently, the draft of the "Gambling Regulatory Authority Act 2025" was officially submitted to the parliament, marking the establishment of a unified and institutionalized gambling regulatory framework in the country, comprehensiv
As MGM's "City of Dreams" is set to unveil in August at the Cinnamon Life building in Colombo, the Sri Lankan government is urgently pushing a gambling regulation bill. However, this bill has been severely criticized by the renowned local think tank, Advocata Institute, for lacking independence and
The Sri Lankan government has recently advanced the "Gambling Regulatory Authority Act of 2025," which has entered its final review stage. It proposes the establishment of a unified national gambling regulatory body that covers comprehensive supervision of both physical casinos and online gambling s
Sri Lanka will reach a critical moment in the development of its tourism industry on August 2 this year: the luxury integrated resort "City of Dreams" with an investment of up to 1.2 billion US dollars will officially open to the public. This is the largest private tourism project in the country's h
The Committee on Public Finance (CoPF) of Sri Lanka recently approved the import application for casino equipment, with government officials stating that this decision is part of a fiscal strategy to boost tax revenue and accelerate economic recovery.According to Sri Lanka's Daily Mirror, CoPF memb
The Sri Lankan government's recent push for the "Gambling Regulatory Authority Bill" has sparked significant controversy. The independent think tank "Advocata Institute" has publicly called for the withdrawal and rewriting of the draft, pointing out that it not only grants excessive power to the Min
The largest private development project in the history of Sri Lanka, "Cinnamon Life Integrated Resort," is set to officially open on August 2, 2025. Located in the heart of the capital, Colombo, this integrated resort involves an investment of over 1.2 billion USD. It is a joint venture between Sri
Sri Lanka is embarking on an unprecedented reform of the gambling industry: from offline casinos to online platforms, from dealing mechanisms to intermediary systems, the entire gambling regulatory system is about to be restructured—the core goal of this reform is to turn the gambling industry into
Sri Lanka's gambling industry is facing a significant turning point. The government has recently officially submitted the "2025 Gambling Regulatory Authority Act" to the parliament, aiming to overhaul and legalize gambling activities nationwide through the establishment of a unified regulatory body,
Sri Lankan police recently froze the assets of 88 individuals suspected of drug smuggling, money laundering, financial fraud, and organized crime, following a court order. The total value of the frozen assets exceeds 4 billion rupees (approximately 100 million yuan), marking one of the country's mos
