- Last Update 2026-02-24 00:15:00
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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- February 20, 2026 - 153 - 0
Maithree Wickramasinghe requests two weeks to give CID statement
Maithree Wickramasinghe, wife of former President Ranil Wickremesinghe, who was due to appear before the Criminal Investigation Department (CID) today to record a statement, has requested a two week period to provide her statement.
- February 14, 2026 - 130 - 0
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