Sri Lankan casino owners, first battling anti-casino sentiments from the powerful Buddhist clergy and now unbearable taxes, are seriously considering closing down their business, the Business Times learns from reliable sources.
The only two top-end billionaire casino operators are Dhammika Perera’s (Ballagio/Ballys ) and Ravi Wijeratne’s (Stardust/Marina casinos). Mr. Perera’s casino MGM Grand at Bambalapitiya was closed in May this year to convert the building to a “Glass Art Gallery” because of pressure on heavy taxes.
Former President Mahinda Rajapaksa is due to vacate his official residence at Wijerama Mawatha, Colombo this morning, a Sri Lanka Podujana Peramuna (SLPP) source said.
Sri Lanka’s largest renewable energy project, the ‘Rvidanavi’ Solar Power Park project was launched in Siyambalanduwa today by President Anura Kumara Dissanayake.
The Presidents’ Entitlements (Repeal) Bill was passed by a majority of 150 in parliament today. However the opposition MP’s were absent during the voting.
Leave Comments