City of Dreams opens $1.2B Sri Lanka resort
South Asia’s first integrated resort opened over the weekend in Colombo, Sri Lanka, with Macau-based Melco Resorts & Entertainment’s $1.2 billion City of Dreams aiming to attract high rollers from India, China and Southeast Asia. The complex officially opened on August 2 with events attended by Bollywood actor Hrithik Roshan. Melco chairman Lawrence Ho said the facility can be positioned as “Sri Lanka to India, similar to what Macau is to China.” The casino received around 500 overseas visitors from India and China over the weekend. The complex’s Cinnamon Life hotel features 687 rooms and 418,000 sqm of event space, while Melco invested $123 million in the casino.