Sri Lanka Becoming Gamblers Attraction

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Sri Lanka has become one of Asia’s most promising economies in recent times, yet the potential of it’s gambling sector is only starting to gain recognition amongst international operators looking to expand their presence in Asia.

With marque casinos propping up in Macau, Singapore, and now thePhilippines, there is yet to be a similar foray into India, where the relatively untapped gaming market has proven thus far to be impenetrable for foreign casino operators. Seemingly undeterred by India’s stringent gambling laws, Las Vegas Sands’ Chairman and CEO Sheldon Adelson has repeatedly expressed his desire for an Indian expansion, including an enquiry with Delhi’s Ministry of Tourism in 2008 that went unanswered. And it seems LVS isn’t the only one targeting India as both MGM Resorts International and Caesars Entertainment are said to have had preliminary partnership talks with Delta Corp., the owner and operator of several casinos in the southern state of Goa – one of two Indian states where gambling is somewhat legal.click

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