Tag: Sri Lanka gambling
Sri Lanka Aims to be Asia’s Gambling Leader
August 5, 2013
From Sports Interaction – The island nation of Sri Lanka is making plans to draw in tourism and gambling revenue with multi-million dollar casinos. The country’s economy has struggled through decades of war, but is looking toward a brighter future. In this interest, it legalized gambling in November 2010 and both local and foreign interests are betting that the economy and tourism industry will be turning around and fueling an emerging gambling industry. In the works is a $850 million gambling and entertainment hub being developed by the John Keells group which was given the green light last week. The…