{"id":777028355,"date":"2025-06-27T07:59:45","date_gmt":"2025-06-27T10:59:45","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777028355"},"modified":"2026-04-21T21:31:22","modified_gmt":"2026-04-22T00:31:22","slug":"city-of-dreams-sri-lanka-reveals-phase-ii-opening-date","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/city-of-dreams-sri-lanka-reveals-phase-ii-opening-date","title":{"rendered":"City of Dreams Sri Lanka announces Phase II opening date"},"content":{"rendered":"\n<p>The opening includes the N\u00fcwa hotel, casino and shopping mall.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Sri Lanka.- <a href=\"https:\/\/focusgn.com\/asia-pacific\/city-of-dreams-sri-lanka-phase-ii-to-open-in-q3\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/city-of-dreams-sri-lanka-phase-ii-to-open-in-q3\" target=\"_blank\" rel=\"noreferrer noopener\">Phase II of City of Dreams Sri Lanka<\/a> is to open on August 2, its developers have said. This phase includes gaming operations, the 113-key Nuwa Hotel and a shopping mall.<\/p>\n\n\n\n<p>The casino at the US$1bn integrated resort in central Colombo will be operated by <strong>Melco Resorts &amp; Entertainment<\/strong>, in partnership with <strong>John Keells Holdings (JKH)<\/strong>. A 687-room luxury hotel branded Cinnamon Life was <a href=\"https:\/\/focusgn.com\/asia-pacific\/melco-opens-first-phase-of-city-of-dreams-ir-in-sri-lanka\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/melco-opens-first-phase-of-city-of-dreams-ir-in-sri-lanka\" target=\"_blank\" rel=\"noreferrer noopener\">launched in October 2024<\/a>.<\/p>\n\n\n\n<p><strong>Lawrence Ho Yau Lung<\/strong>, chairman and chief executive of Melco Resort, said: \u201cWe believe Sri Lanka has immense potential, and this opportunity complements our existing portfolio of properties. City of Dreams Sri Lanka is expected to serve as a catalyst for stimulating tourism demand and promoting economic growth in Sri Lanka, drawing inspiration from the successful examples set by similar integrated resorts in other jurisdictions,\u201d he said.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"600\" src=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/06\/2a3bd2cc-acd8-11e7-9cb1-5f6b75e2d8b2_1280x720_223010.JPG-900x600.jpg\" alt=\"Lawrence Ho Yau Lung\" class=\"wp-image-777028411\" srcset=\"https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/06\/2a3bd2cc-acd8-11e7-9cb1-5f6b75e2d8b2_1280x720_223010.JPG-900x600.jpg 900w, https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/06\/2a3bd2cc-acd8-11e7-9cb1-5f6b75e2d8b2_1280x720_223010.JPG-600x400.jpg 600w, https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/06\/2a3bd2cc-acd8-11e7-9cb1-5f6b75e2d8b2_1280x720_223010.JPG-300x200.jpg 300w, https:\/\/focusgn.com\/asia-pacific\/wp-content\/uploads\/sites\/5\/2025\/06\/2a3bd2cc-acd8-11e7-9cb1-5f6b75e2d8b2_1280x720_223010.JPG.jpg 1020w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption class=\"wp-element-caption\">Lawrence Ho Yau Lung, chairman and chief executive of Melco Resort.<\/figcaption><\/figure>\n<\/div>\n\n\n<p>Earlier this month, the Committee on Public Finance (COPF) approved the <a href=\"https:\/\/focusgn.com\/asia-pacific\/sri-lanka-greenlights-gaming-machine-imports\" data-type=\"link\" data-id=\"https:\/\/focusgn.com\/asia-pacific\/sri-lanka-greenlights-gaming-machine-imports\" target=\"_blank\" rel=\"noreferrer noopener\">importation of casino gaming machines<\/a> in Sri Lanka. The move comes after the introduction of the 2025 Gambling Regulatory Authority Bill, which aims to&nbsp;<a href=\"https:\/\/focusgn.com\/asia-pacific\/sri-lanka-government-publishes-draft-gambling-regulatory-authority-bill\" target=\"_blank\" rel=\"noreferrer noopener\">regulate land-based and online gambling<\/a>.<\/p>\n\n\n\n<p>Imports of casino equipment were previously banned under the Casino Business Regulation Act No. 17 of 2010. Confirming the new approval, COPF Chairman Harsha de Silva said there would be a mechanism to monitor every machine to be imported.<\/p>\n\n\n\n<p><br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The opening includes the N\u00fcwa hotel, casino and shopping mall.<\/p>\n","protected":false},"author":226,"featured_media":777028413,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Phase II of the City of Dreams Sri Lanka, a US$1bn integrated resort in Colombo, is set to open on August 2, featuring gaming operations managed by Melco Resorts & Entertainment in partnership with John Keells Holdings. This launch follows the recent approval for casino gaming machine imports and the introduction of the 2025 Gambling Regulatory Authority Bill, signaling a significant regulatory shift for both land-based and online gambling in Sri Lanka.","focusai_entities":"Melco Resorts & Entertainment, John Keells Holdings (JKH), Lawrence Ho Yau Lung, Committee on Public Finance (COPF), Harsha de Silva","focusai_location":"Sri Lanka, Colombo","focusai_target_profile":"ceo_executive (0.95), regulator (0.95), compliance_legal (0.9), operator_casino (0.95), investor_analyst (0.95), supplier_vendor (0.85), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Regulatory Impact","query":"What specific provisions within the 2025 Gambling Regulatory Authority Bill are critical for prospective B2B and B2C licensees, particularly concerning online gambling operations and responsible gaming frameworks?"},{"label":"Market Entry Strategy","query":"How does Melco Resorts & Entertainment's strategic rationale for entering the Sri Lankan market, particularly with a US$1bn integrated resort, align with its broader capital allocation and regional expansion objectives, and what are the projected GGR contributions?"}],"footnotes":""},"categories":[28,16334],"tags":[23911,23632,18488],"class_list":["post-777028355","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-south-asia-news","tag-gambling-regulation","tag-integrated-resorts","tag-melco-resorts"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028355","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/226"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777028355"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028355\/revisions"}],"predecessor-version":[{"id":777028412,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777028355\/revisions\/777028412"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777028413"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777028355"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777028355"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777028355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}