Thursday, May 30, 2024 - Login

Sri Lankan cabinet approves tax breaks for new projects

The cabinet has given final approval to tax breaks for two planned casino hotel projects on Beira Lake in Colombo, the $400 million Crown Colombo and John Keells Holdings PLC's $820 million unnamed complex.

The Crown is to be developed by a joint venture between Australia's Crown Ltd. and local casino operator Rank Holding (Pvt.) Ltd. John Keells has not indicated who will be operating the casino in its project.

Asia Gaming Brief is a news and intelligence service providing up to date market information for worldwide executives on relevant gaming issues in Asia.

Contact us

PO Box 1139, Macau SAR
Tel: +853 2871 7267
Fax: +853 2871 7264

Asia Gaming Brief