Tag: Casinos in Srilanka

  • Kreate Design Singapore Invest 1 Billion in Lotus Tower

    Kreate Design (pvt) ltd of Singapore along with global investor are looking forward to invest USD 1 Billion in Lotus Tower in next 3 years. The company mainly focus on full-fledged casino and an entertainment area including water sports.  The MoU have singed recently in Colombo Sri Lanka, the company have already paid USD 56 […]

  • Casino contributes Rs. 500 Million as a Tax Revenue to the Government

    The Deputy Minister of Finance and Planning, Sarath Amunugama stated in Parliament that Casinos are one of the tax revenue generating sources in Srilankan Economy, where the Casino industry is approximately contribute Rs. 500 Million for government revenue as taxes. And the Minister stated that the government had earned revenue of Rs 1,400 million by […]