Melco Resorts & Entertainment is set to unveil the City of Dreams Sri Lanka casino in Colombo this August, making significant strides in the final preparations. John Keells Holdings has announced that the 180,000 square foot gaming floor will be accessible via the Nuwa at City hotel, which occupies the top floors of the hotel tower.
With the finishing touches on the integrated resort well underway, Krishan Balendra, Chairperson of John Keells, shared optimistic updates on the staffing and gaming equipment installation, which are both progressing smoothly. The $125 million investment from Melco not only marks a substantial foreign investment for Sri Lanka post-economic crisis but also signifies a major commitment to the region’s tourism and entertainment landscape.
John Keells Group previously opened the 687-room Cinnamon Life, signalling their ongoing ambitions for transformative development in Sri Lanka. The project is expected to create over 20,000 jobs and stimulate both local engagement and tourism demand.
Key Points
- The City of Dreams casino in Colombo is scheduled to open in August 2025.
- The casino will feature a spacious 180,000 square foot gaming floor accessed through the Nuwa hotel.
- Melco Resorts’ $125 million investment represents a significant foreign backing for Sri Lanka’s tourism sector.
- John Keells Group has developed the largest private investment project in Sri Lanka, valued over $1.2 billion.
- The integrated resort is anticipated to create more than 20,000 employment opportunities in the region.
Why should I read this?
If you’re interested in the booming entertainment sector in South Asia, this article highlights a pivotal development for Sri Lanka’s tourism industry. The City of Dreams project stands to reshape not only the local economy but also the travel landscape in the region. With such significant investments at play, it’s definitely worth keeping an eye on how this unfolds!