Sri Lanka shuts door on casino investors

Talk about nipping the idea in the bud.

For a nation seeking investments to bolster its economy, Sri Lanka’s Prime Minister Ranil Wickremesinghe has immediately thumbed down proposals to revive the Casino industry, The Colombo Page reported.

Wickremesinghe made the statement after one businessman attending the International Enterprise Singapore Global Conversations dialogue posed the question on the previous regime’s drive to begin the casino industry in Sri Lanka.

The businessman contends that economic growth is attainable if the government provides businessmen – including casino operators – with investment opportunities, and if it adapts the same industry implementation.