• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Thursday 27 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

Crown, Keells Casinos Under Fire in Sri Lanka Election

Newsdesk by Newsdesk
Fri 26 Dec 2014 at 13:45
Print Friendly, PDF & Email

The leading challenger to Sri Lanka President Mahinda Rajapaksa’s bid for a third term in office says he will cancel the licenses issued to Crown Resorts and John Keells Holdings to develop resort casinos in the capital of Colombo.

Mithripala Sirisena, who quit as Mr Rajapaksa’s health minister to run for president in the 8th January election, has crafted a platform designed to appeal to the island nation’s influential Buddhist community, which is skeptical of the president’s vision of casinos as economic development tools capable of boosting tourism and attracting sizable foreign investment in new hotel construction.

The platform is incorporated in a manifesto endorsed by the United National Party, the main parliamentary opposition, and built around a vow to weed out official corruption and advance populist measures such as extended farm loan waivers and lower fuel prices aimed at weakening Mr Rajapaksa’s rural power base.

The president and his family have held a lock on government since succeeding at the end of the last decade in winning a civil war against a militant Hindu Tamil minority that raged in the north of the island for 25 years. The Rajapaksas’ resistance to Western calls for investigations into alleged war crimes in suppressing the rebellion scores highly with voters among Sri Lanka’s ethnic Sinhalese-Buddhist majority, and the regime has been successful in countering Western sanctions with large-scale infrastructure investment from China. China’s booming travel market is a prime target of the pro-casino development strategy.

“I would achieve for the country 10 times the development that actually occurred during the past six years,” Mr Sirisena said, and although Mr Rajapaksa is favored to win re-election, his challenger’s message is reported to be gaining support in urban areas and from Tamils and the country’s Muslim and Christian minorities with promises to purge the foreign service and establish independent commissions to deal with the war crimes allegations and secure the impartiality of the judiciary, police and other public services.

“The extent of corruption in Sri Lanka in the last few years is unprecedented and unheard of,” his manifesto states.

Sri Lanka is home to four officially sanctioned casinos, all relatively small, foreigners-oriented venues comprising a market that Melbourne-based Crown and resort conglomerate John Keells, Sri Lanka’s largest listed company, want to revolutionize by investing more than US$1 billion combined in luxury casinos with hotels in Colombo’s tourist core. The administration supports both projects, but gaming approvals have been held up by political and religious opposition.

Mr Sirisena’s manifesto does not mention the country’s largest operator: the three-casino group owned by the country’s richest man, Dhammika Perera, which also is set to expand with the addition of a $350 million gaming resort in Colombo.

 

RelatedPosts

Former Crown owner James Packer accuses lawmakers, regulators of trying to destroy Australian casino industry

Former Crown owner James Packer accuses lawmakers, regulators of trying to destroy Australian casino industry

Mon 24 Nov 2025 at 04:38
Sri Lanka to open casino at Colombo Lotus Tower

Sri Lankan President gazettes implementation of new Gambling Regulatory Authority Act from 1 December 2025

Wed 19 Nov 2025 at 05:03
2025 Asian Gaming Power 50: Number 24 – David Tsai

2025 Asian Gaming Power 50: Number 24 – David Tsai

Mon 10 Nov 2025 at 18:28
Oz Casinos: What now?

Crown Resorts reports FY25 net profit of US$94 million, first in five years

Wed 29 Oct 2025 at 14:05
Load More
Tags: Crown ResortsDhammika PereraJohn KeellsMahinda RajapaksaSri Lanka
Share1Share
Newsdesk

Newsdesk

Current Issue

Editorial – Careful what you wish for

Editorial – Careful what you wish for

by Ben Blaschke
Tue 11 Nov 2025 at 17:28

The shock withdrawal of MGM Resorts from the New York casino licensing bid highlights the challenges faced by jurisdictions globally...

2025 Asian Gaming Power 50: Ones To Watch

The 2025 Asian Gaming Power 50

by Andrew W Scott
Tue 11 Nov 2025 at 17:21

Long established as the definitive list of the most influential figures and personalities in the regional industry, IAG’s Asian Gaming...

2025 Asian Gaming Power 50: Meet the panel

2025 Asian Gaming Power 50: Meet the panel

by Newsdesk
Tue 11 Nov 2025 at 17:01

IAG introduces the nine members of the judging panel who have determined this year’s Asian Gaming Power 50 list. Andrew...

2025 Asian Gaming Power 50: Ones To Watch

2025 Asian Gaming Power 50 List

by Newsdesk
Tue 11 Nov 2025 at 16:44

RANK POWER SCORE NAME TITLE ORGANIZATION 1 6,045 FRANCIS LUI CHAIRMAN Galaxy Entertainment Group 2 5,843 PANSY HO CHAIRPERSON AND...

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

Related Posts

China-owned contractor of Chow Tai Fook’s Baha Mar ordered to pay US$1.6 billion to original owner for “many acts of fraud”

US$1.6 billion legal dispute over Baha Mar casino-resort finally settled as contractor and original owner reach “comprehensive agreement”

by Ben Blaschke
Thu 27 Nov 2025 at 12:23

Entities of China Construction America, Inc (CCA), the general contractor for Bahamas casino resort Baha Mar, has announced a “comprehensive agreement” with the property’s original owner BML Properties Ltd that it says resolves a US$1.6 billion legal dispute without any...

Galaxy unveils strategic cooperation agreement with TME Live to bring world-class events to Galaxy Arena

Citigroup: Concert-hosting concessionaires to enjoy above-industry EBITDA growth in the long run

by Ben Blaschke
Thu 27 Nov 2025 at 12:18

Investment bank Citigroup says Macau concessionaires boasting facilities that allow them to host large-scale events are best placed to produce above-industry EBITDA growth in the long-run as international artists, promoters and ticketing platforms increasingly recognize the global casino hub as...

Tabcorp secures waiver of debt covenants on US$2.1 billion US private placement notes

Tabcorp better placed than online-only sportsbook operators for short-term growth

by Newsdesk
Thu 27 Nov 2025 at 12:15

Australian racing and wagering giant Tabcorp is well placed to generate revenue growth in line with nominal GDP growth in the short-term thanks to its unique omni-channel presence that gives it a leg-up over the country’s online-only sportsbook operators, according...

Emperor Group to target Macau’s premium mass market after 2019 revenue decline

Emperor E sees 30% decline in gaming revenue at Macau’s Grand Emperor in final full six months of satellite casino operations

by Ben Blaschke
Thu 27 Nov 2025 at 05:26

Hong Kong-listed Emperor Entertainment Hotel Limited saw group-wide revenue decline by 17.7% year-on-year to HK$335.6 million (US$43.2 million) for the six months to 30 September 2025, including a 29.7% drop in gaming revenue to HK$177.9 million (US$22.9 million) at Macau’s...

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