- Last Update 2025-09-10 18:13:00
Casinos crumble under new taxes
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.
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- September 5, 2025 - 298 - 0
Ella accident : 15 dead, 16 injured
The death toll in the Ella bus accident has increased to 15 with 16 others injured.
- September 6, 2025 - 190 - 0
Largest renewable energy project launched
Sri Lanka’s largest renewable energy project, the ‘Rvidanavi’ Solar Power Park project was launched in Siyambalanduwa today by President Anura Kumara Dissanayake.
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