SYDNEY (AFP) - Australian tycoon James Packer on Friday said he plans to pump Aus$400 million (US$384 million) into a five-star gambling resort in Sri Lanka, cashing in on the country's tourism potential.
Sri Lanka is banking on high-end casinos to attract high-rollers and boost tourist arrivals to 2.5 million by 2016 from the current level of about a million tourists a year.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!