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Sri Lanka Approves Casino Boss' Project

Plan Would Call For Massive Gambling Development

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Sri Lanka has approved Australian Crown Resorts Ltd’s $400 million complex along with two similar projects, according to Reuters. Crown’s chief is James Packer.

Reuters reported: Packer said in a speech at a Commonwealth forum last month said he believed the Indian Ocean island nation could be turned into a leading tourist hotspot for the rising middle classes of India, China and the rest of Asia. The Crown resort-casino complex is planned for a two-acre plot in the heart of the Colombo commercial hub. It has already been delayed once after the government asked Lake Leisure Holdings, the joint venture between Crown Ltd and its local partner, Rank Entertainment Holdings Pvt Ltd, to change its construction plans.

Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka, is an island country in the northern Indian Ocean off the southern coast of the Indian subcontinent in South Asia. Sri Lanka has maritime borders with India to the northwest and the Maldives to the southwest.

The country has a population of around 20.3 million.

Packer was in the pop culture spotlight recently after reports came out that he is dating supermodel Miranda Kerr. Kerr recently separated from actor Orlando Bloom.

Packer’s net worth is estimated at $6 million.