Connect with us

News

Golden Island partners with Majestic Group to launch casino at Lotus Tower

Published

on

Golden Island Hospitality Ltd., said yesterday it has entered into an agreement with the renowned Majestic Group Hotels and Casinos, a leading gaming group from India, to establish the Majestic Pride Casino, Sri Lanka.

The casino will be housed in the prestigious Lotus Tower located in Colombo 10, promising a world-class gaming experience.

The Finance, Economic Stabilisation and National Policies Ministry of Sri Lanka has granted a Casino Business License under the Casino Business (Regulation) Act, No.17 of 2010 to M/S Golden Island Hospitality Ltd. This significant development, finalised last month, marks the beginning of a new era in Sri Lanka’s gaming and hospitality sector.

An agreement with the Board of Investment of Sri Lanka was also signed on 1 August 2024, under Section 17(2) of the Board of Investment of Sri Lanka Law No.4 of 1978, further solidifying this venture.

The Majestic Pride Casino in Sri Lanka is set to elevate the gaming landscape with its extensive array of gaming options.

With this new venture, Golden Island Hospitality and Majestic Group aim to make the Majestic Pride Casino, Sri Lanka, a premier destination for tourists, contributing to Sri Lanka’s vibrant tourism industry, economy and to create job opportunities for local Sri Lankan youth in gaming and hospitality.

For over 15 years, Majestic Group Hotels and Casinos has been a cornerstone of luxury and entertainment in Goa, attracting tourists from across India. Known for their commitment to excellence, they offer unique experiences through their diverse portfolio of properties.

(ft.lk)
(Except for the headline, this story, originally published by ft.lk has not been edited by SLM staff)

News

Cabinet sub committee to study Middle East situation

Published

on

By

A Cabinet sub-committee has been appointed on June 23 to study the current situation in the Middle East.

Chaired by the Minister of Foreign Affairs, Foreign Employment & Tourism – Vijitha Herath, the ministers Wasantha Samarasinghe, Kumara Jayakody and Samantha Vidyarathna have been named as the other committee members.

Additionally, a committee of ministry secretaries have been appointed.

Meanwhile, speaking to media, Minister of Plantation and Community Infrastructure – Samantha Vidyarathna has said that the Government will take all possible measures to minimise the impact that the Israel-Iran conflict will have on local businesses, the country’s economy and the daily lives of all Sri Lankans.

Continue Reading

News

This week’s Cabinet decisions

Published

on

By

A number of decisions have been taken at the Cabinet meeting held on June 23.

The decisions taken by the Cabinet of Ministers are as follows :

Continue Reading

News

Youth dies after being beaten with a helmet

Published

on

By

A young man has died after being assaulted with a helmet during an altercation in Halwathura, Bulathsinhala.

Police said the incident occurred following an argument between the victim and another individual.

The victim was initially admitted to Horana Hospital, later transferred to Colombo National Hospital, and then returned to Horana Hospital, where he succumbed to his injuries.

The deceased is a 30-year-old resident of Halwathura, Bulathsinhala, police said.

A 23-year-old suspect has been arrested in connection with the incident, and investigations are underway by the Bulathsinhala Police.

Continue Reading

Trending

Copyright © 2024 Sri Lanka Mirror. All Rights Reserved