10 August 2024 04:31 am Views - 257
Golden Island Hospitality (Pvt.) Ltd has entered into an agreement with the renowned Majestic Group Hotels & Casinos, a leading gaming group from India, to establish 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 licence, under Casino Business (Regulation) Act No.17 of 2010, to M/S Golden Island Hospitality (Pvt.) Ltd. This significant development, finalised on July 5, 2024, 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 August 01, 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 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 & Casinos has been a cornerstone of luxury and entertainment in Goa, attracting tourists from across India. Known for its commitment to excellence, it offers unique experiences through its diverse portfolio of properties.