• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Monday 10 November 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Conscientious Objections

Newsdesk by Newsdesk
Wed 28 Aug 2013 at 07:36
2
SHARES
43
VIEWS
Print Friendly, PDF & Email

Sri Lanka casino plan faces opposition

Sri Lanka’s government is looking to casinos to transform the island nation into Asia’s newest tourism hotspot, but the strategy is sparking concerns among political and religious leaders.

Small, low-key, tourist-only gambling halls in and around the capital of Colombo have been tolerated in the conservative, mostly Buddhist nation for years. But in 2010 the government formally legalized them with the aim of luring more visitors and boosting an economy battered by decades of ethnic violence.

The government recently approved resort development plans by John Keells Holdings, the country’s biggest listed company in terms of market capitalization, and Australian casino tycoon James Packer’s Crown Limited. Both have been handed a generous 10-year tax holiday, and both are expected to include casinos.

placate

The government finds itself having to placate the country’s influential Buddhist clergy by saying all new casinos will be restricted to a designated zone in Colombo and will be closed to Sri Lankans.

Officials stress that the two projects, expected to break ground before the end of the year, will create thousands of jobs and attract big-spending foreigners. The country hosted a record 1 million visitors last year, with between 1.2 million and 1.3 million expected this year. The government has set a target of doubling annual visitor numbers to 2.5 million by 2016.

Yet the main opposition party has balked at the projects, not on moral grounds, but because of the generous tax breaks. “What we are saying is that if the country is to benefit, they must be taxed and regulated,” United National Party lawmaker Harsha de Silva said.

The UNP is pushing for a “sin tax” on casino developments similar to the heavy duties on alcohol and tobacco.

The government also finds itself having to placate the country’s influential Buddhist clergy by saying all new casinos will be restricted to a designated zone in Colombo and will be closed to Sri Lankans.

Buddhist monk Athuraliye Rathana, a lawmaker and senior leader of the National Heritage Party, has warned the government that these and other details, initially set down in the 2010 legislation, must be strictly followed.

“We oppose gambling, but it is not practical to eradicate it completely,” he said. “The government has at least said there will be a separate area for gambling. So let us see how they implement it,” said Galagodaatte Gnanasara, another Buddhist monk and secretary of the hardline Bodu Bala Sena organization.

The government is still working out the details of a regulatory framework for the industry.

sri

Sri Lanka’s government recently approved a resort development plan by James Packer’s Crown Limited.

 

RelatedPosts

10 Years Ago – Reimagining Sri Lanka

Sri Lanka sets 30 June 2026 as deadline to formally establish new casino regulator

Fri 17 Oct 2025 at 05:04
Melco Resorts chartered plane to fly home some of its Philippine workers stuck in Macau

Famed former Wynn, Melco and Crown executive Todd Nisbet passes away suddenly

Tue 7 Oct 2025 at 06:09
Melco targeting Indian market with Sri Lanka casino investment, flags annual GGR up to US$250 million

JCM Global says iVIZION bill validator, ICB system installed on all gaming machines at City of Dreams Sri Lanka

Tue 23 Sep 2025 at 05:47
10 Years Ago – Reimagining Sri Lanka

Sri Lankan cabinet approves budget proposal to increase betting levy, double casino entry for locals

Thu 18 Sep 2025 at 02:27
Load More
Tags: James PackerJohn KeellsSri Lanka
Share1Share
Newsdesk

Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

Current Issue

Editorial – Is PAGCOR addicted to online gambling?

Editorial – Is PAGCOR addicted to online gambling?

by Ben Blaschke
Tue 30 Sep 2025 at 19:13

It was with an undoubted sense of pride that Philippine gaming regulator PAGCOR announced in August that licensed electronic games...

Fighting back

Fighting back

by Ben Blaschke
Tue 30 Sep 2025 at 18:58

Asia’s foreigner-only casinos, specifically those located in South Korea and Vietnam, were born with a natural disadvantage – one that...

Promo costs: Market share or margin?

Promo costs: Market share or margin?

by David Bonnet
Tue 30 Sep 2025 at 18:11

Former Macau gaming executive David Bonnet takes a closer look at promo delivery across the Asian gaming industry and the...

IAG EXPO 2025: A show like no other

IAG EXPO 2025: A show like no other

by Ben Blaschke
Tue 30 Sep 2025 at 17:22

Inside Asian Gaming takes a look back at IAG EXPO, which continued the tradition of excellence established in recent years...

Evolution Asia
Dolby banner
Aristocrat banner
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR
568Win

Related Posts

Fighting back

Fighting back

by Ben Blaschke
Tue 30 Sep 2025 at 18:58

Asia’s foreigner-only casinos, specifically those located in South Korea and Vietnam, were born with a natural disadvantage – one that was only exacerbated during the COVID-19 pandemic. But recent performance suggests these industry outliers are fighting back, carving out a...

Downward spiral

Downward spiral

by Pierce Chan
Tue 30 Sep 2025 at 15:05

Macau’s gross gaming revenues have risen steadily amid gradual economic recovery, yet the real estate market has suffered sustained declines in both value and transaction volumes. What’s behind this disparity? Data from Macau’s Financial Services Bureau for the first half...

10 Years Ago – A Rough Ride on the Silk Road

10 Years Ago – A Rough Ride on the Silk Road

by Ben Blaschke
Tue 30 Sep 2025 at 13:32

In this regular feature in IAG to celebrate 20 years covering the Asian gaming and leisure industry, we look back at our cover story from exactly 10 years ago, “A Rough Ride on the Silk Road”, to rediscover what was...

Asia market roundup

Asia market roundup

by Ben Blaschke
Thu 28 Aug 2025 at 12:26

Inside Asian Gaming takes a deep dive into the state of Asia-Pacific’s key gaming markets: who’s hot, who’s not and where will the surprises come from in the near-term? The pandemic years are now a distant memory, and the Asia-Pacific...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • English