In August 2025, the gambling giant made a striking statement at the launch ceremony of the luxury project "City of Dreams" in Sri Lanka: Sri Lanka will become the "Macau" of the Indian subcontinent, bringing unprecedented economic transformation. He predicted that Sri Lanka's annual gambling revenue
According to the "Island Report", the Committee on Public Finance (CoPF) in Sri Lanka criticized the Ministry of Finance and the Attorney General's Office for their prolonged delay in drafting the "Gambling Regulatory Authority (GRA) Act", leading to lagging industry regulation. CoPF stated that the
Sri Lanka's Parliamentary Public Finance Committee has endorsed the bill to establish the "Gambling Regulatory Authority," paving the way for its legislation. This agency will operate independently, unify the management of gambling venues nationwide, enhance tax collection and transparent governance
Sri Lanka's tourism industry experienced strong growth in August, with a 20% surge in inbound tourists compared to the same period last year, reaching a new high of over 1.4 million cumulative visitors. Data shows that from August 1 to 5, a total of 40,047 visitors were received, averaging over 8,00
The casino industry in Sri Lanka is experiencing rampant growth, while the regulatory system has been absent for a long time. The Committee on Public Finance (CoPF) recently publicly criticized the Ministry of Finance and the Attorney General's Office for delaying the drafting of the "Gambling Regul
Hong Kong casino resort giant Melco Resorts & Entertainment grandly opened in Colombo, the capital of Sri Lanka, marking its first foray into the South Asian market.The project, jointly developed by Melco and Sri Lankan local enterprise John Keells Holdings, has a total investment of up to 1.2 billi
Sri Lanka's first large-scale casino resort "City of Dreams" will have its grand opening on August 2 in the capital Colombo, attracting over 400 gamblers from India, Thailand, the Philippines, Macau, and other regions to participate in the launch ceremony. The project is jointly developed by Nuwa Ho
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
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
