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.
Jun 22, 2018Casino investor Landing International Development Ltd has told GGRAsia it considers it has a “legally-binding contract” for land in the Metro Manila area (pictured) in the Philippines for a...
Jun 22, 2018
Year-on-year decline in overall turnover recorded in 2017 by South Korea’s foreigner-only casinos