SRI Lanka grants Melco a 20-year casino licence
SRI Lanka’s government has granted Melco a 20-year casino licence for the City of Dreams SRI Lanka development, according to reports. Melco is partnering with John Keells Holdings on the integrated resort, valued at more than US$1bn, which will be rebranded from Cinnamon Life Integrated Resort.
Melco’s 20-year casino licence establishes the operating term for its SRI Lankan resort development.