Tax holiday for gambling
WEDNESDAY, 05 JUNE 2013
Australian Gambling tycoon James Packer is teaming up with a Sri Lankan partner for a $350 million investment in Sri Lanka which will include a hotel with at least 400 rooms and a casino palace. This was revealed by investment promotion minister Lakshman Yapa Abeywardena.
Mr Packer, who owns half of casino operator Crown, met with Ministers in February to discuss hotel and entertainment investment options, officials said.
