Go Unlimited with Magzter GOLD
Get unlimited access to 9,500+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Sri Lanka can be to India what Macau is to China”
Gulf News
|August 04, 2025
City of Dreams opens in Colombo as island nation bets on luxury tourism
Sri Lanka has the potential to become for India what Macau is to China, according to Lawrence Ho, chairman of Melco Resorts & Entertainment Ltd., as the Hong Kong-listed gaming resorts operator opened its first South Asian property in Colombo on Saturday.
"Sri Lanka can be to India what Macau is to China," Ho said at the launch of the $1.2 billion City of Dreams Sri Lanka project, developed with the country's John Keells Holdings.
"Macau is by far the biggest gaming market in the world. Colombo is the closest destination to India, and an integrated resort like this gives the city a lot of potential," he added.
Targeting India, Mideast
The plush property - more than a decade in the making - includes two hotels, apartments, adult gaming facilities, restaurants, a shopping mall and event spaces. A star-studded launch event featured Bollywood actor Hrithik Roshan.
This story is from the August 04, 2025 edition of Gulf News.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 9,500+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Gulf News
Gulf News
Delivering superior sleep solutions in the UAE
Towell Mattress & Furniture Industry (TMFI), a division of prestigious WJ Towell Group, has established itself as one of the leading mattress manufacturers in the Middle East since 1999.
1 mins
September 19, 2025
Gulf News
Qatar takes Israeli strike on Doha to ICC
Legal team to examine violations of international law
1 mins
September 19, 2025
Gulf News
Premium number plate auction next week
Dubai’s Roads and Transport Authority (RTA) is auctioning 90 distinctive 2, 3, 4 and 5-digit vehicle plate numbers from the codes AA, BB, K, L, M, N, P, Q, T, U, V, W, X, Y and Z.
1 min
September 19, 2025
Gulf News
Emirati to chair global satellite association
Space42, the UAE-based AI-powered SpaceTech company, has announced that Ali Al Hashemi, CEO of its Space Services unit, has been elected chairman of the board of the Global Satellite Operators Association (GSOA).
1 min
September 19, 2025
Gulf News
Walls of possibility
From light-enhancing shades to mood-boosting tones, paint is the most versatile — and affordable — tool in home decorating
2 mins
September 19, 2025
Gulf News
Anti-Macron ‘anger’ protests disrupt daily life in France
Every day, the richest get richer and the poor get poorer: Protester
1 mins
September 19, 2025
Gulf News
Autumn promises cooler days ahead
From October rains to meteor showers, the season signals pleasant change
1 mins
September 19, 2025
Gulf News
GLOBAL EXPERTISE MEETS REGIONAL INSIGHT
Ahmad Alagbari Chartered Accountants delivers audit, accounting, tax, advisory, and technology solutions that empower businesses to thrive
2 mins
September 19, 2025
Gulf News
Heritage meets modern luxury at Ramsha Carpets
How this iconic brand ensures that your carpet isn't just an item, it's a statement
2 mins
September 19, 2025
Gulf News
Real estate employee denied sales commission after quitting
I worked for a real estate company for two years. My salary was Dh500 plus a 40 per cent commission on unit sales. After I resigned, I asked for my commission and end-of-service gratuity. My employer refused, saying I hadn’t renewed my real estate broker licence in Dubai, which cancels my right to brokerage services. Can they legally deny me my commission?
1 min
September 19, 2025
Listen
Translate
Change font size