Sri Lanka blocks James Packer's Crown's $US400m casino project

January 29, 2015 11:27 PM

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Sri Lanka's new government has blocked a $US400-million casino project by Australian gaming mogul James Packer's Crown Resorts aspart of a wider move against major gaming projects in the country.

The widely-expected move redeems an election pledge by new President Maithripala Sirisena to cancel the Crown Resorts licence. Sirisena won a January 8 election, ending a decade of authoritarian rule by President Mahinda Rajapaksa.

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