The key defender of Sri Lanka’s controversial casino policy on Wednesday quit the government in order to support the opposition presidential candidate, reported Agence France-Presse. That is despite the opposition candidate making a number of policy statements that appear hostile to the industry.
Faizer Mustapha (pictured), an adviser to current president Mahinda Rajapakse as well as a deputy minister of investment, has joined forces with challenger Maithripala Sirisena.
Mr Sirisena has promised in his manifesto to cancel a casino licence – reportedly given to Australia’s Crown Resorts Ltd – if he wins the January 8 vote, said Reuters news agency.
He has also vowed to withdraw tax concessions granted to foreign-funded casinos.
Jan 24, 2022Andrea Domingo, chairman and chief executive of the Philippine casino regulator, says her institution and the casino licensees in the country “are still committed” to relief effort to help...
Jan 24, 2022
Jan 24, 2022
”The lockdowns, movement restrictions and temporary closure of gaming operations have tremendously affected our revenues, but Pagcor and our licensed casinos will continue to support the government in helping Filipinos in need"
Chairman and chief executive of Philippine Amusement and Gaming Corp