Crown Sri Lanka was a proposed

casino A casino is a facility for certain types of gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shopping, cruise ships, and other tourist attractions. Some casinos are also known for hosting live entertai ...

and

resort A resort (North American English) is a self-contained commercial establishment that tries to provide most of a vacationer's wants, such as food, drink, swimming, lodging, sports, entertainment, and shopping, on the premises. The term ''resort ...

on the banks of the

Beira Lake Beira Lake (/bˈɐjɾɐ/; Sinhalese: බේරේ වැව, translit. ''Bērē væva''; Tami: பேரே ஏரி, translit. ''Pērē ēri'') is a lake in the centre of the city of Colombo in Sri Lanka. The lake is surrounded by many large b ...

Colombo Colombo ( ; si, කොළඹ, translit=Koḷam̆ba, ; ta, கொழும்பு, translit=Koḻumpu, ) is the executive and judicial capital and largest city of Sri Lanka by population. According to the Brookings Institution, Colombo me ...

Sri Lanka Sri Lanka (, ; si, ශ්‍රී ලංකා, Śrī Laṅkā, translit-std=ISO (); ta, இலங்கை, Ilaṅkai, translit-std=ISO ()), formerly known as Ceylon and officially the Democratic Socialist Republic of Sri Lanka, is an ...

. It was expected to cost $450 million and consist of two 36 floor buildings

History

In the post-war period, the

Sri Lankan government The Government of Sri Lanka (GoSL) ( si, ශ්‍රී ලංකා රජය, Śrī Lankā Rajaya; ta, இலங்கை அரசாங்கம்) is a parliamentary system determined by the Sri Lankan Constitution. It administers the is ...

under

Mahinda Rajapaksa Mahinda Rajapaksa ( si, මහින්ද රාජපක්ෂ, ta, மஹிந்த ராஜபக்ஷ; born Percy Mahendra Rajapaksa; 18 November 1945) is a Sri Lankan politician. He served as the President of Sri Lanka from 2005 to ...

actively pursued new ventures to attract tourism and boost the country's economy, intending to take advantage of the island's close proximity to

India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...

. In this context, it intended to encourage the growth of a

gambling industry A casino is a facility for certain types of gambling. Casinos are often built near or combined with hotels, resorts, restaurants, retail shopping, cruise ships, and other tourist attractions. Some casinos are also known for hosting live entertai ...

, hoping to divert Indian and Chinese travelers from more established centers such as

Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, borde ...

Macau Macau or Macao (; ; ; ), officially the Macao Special Administrative Region of the People's Republic of China (MSAR), is a city and special administrative region of China in the western Pearl River Delta by the South China Sea. With a pop ...

. Crown Sri Lanka was one of three integrated resorts planned in Sri Lanka, located in the capital city

. This was a joint partnership between Ravi Wijeratne (head of the Rank Holdings group) and Crown Limited, who each held a 45% stake. The project was criticized by civil society groups (on the grounds of being contrary to the country's conservative principles), and by opposition parties, which alleged that the tax incentives given to the project were disproportionate and an unfair burden to the taxpayer. The project was slated to be completed by 2015, but a change in government led to the cancellation of all three casino licenses awarded by the previous administration- among them, that of the Crown Resorts project.

References

{{coord missing, Sri Lanka Buildings and structures in Colombo Casinos in Sri Lanka Tourist attractions in Colombo Unbuilt casinos