Despite Sri Lanka actively promoting the development of its gambling industry and having established a new regulatory framework, the latest legislative draft fails to address the licensing, taxation, and regulation of casino intermediaries, leading to widespread external criticism.This summer, Melco
Melco Resorts & Entertainment Limited, a comprehensive resort operator, has officially entered the gambling industry in Sri Lanka, investing 5 billion rupees (approximately 130 million Hong Kong dollars) to obtain a 20-year casino license in the country.According to Melco's latest annual financial r
The Sri Lankan government recently announced the cancellation of a tender plan to establish a casino service counter at Colombo International Airport. The project was originally planned to operate for three years, aiming to provide gambling entertainment services to travelers, but the government off
In recent years, the gambling market in Sri Lanka has undergone significant transformation and growth. In 2020, the market was valued at $2.9393 billion and is expected to rise to $4.1004 billion by 2026, with a compound annual growth rate of 5.24% during the forecast period.This growth can be attri
Tourism has always been the lifeblood of Goa, known for its beaches, vibrant culture, and thriving entertainment industry. The state's casino industry is a crucial part of this tourism ecosystem, contributing about 15 billion rupees to the local economy annually. Goa's casinos, both onshore and offs
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