Melco Resorts Get Green Light For City of Dreams Sri Lanka

Melco Resorts has been granted a exclusive 20-year casino license to operate the City of Dreams Sri Lanka. This integrated resort, located in the heart of Colombo, the capital city of Sri Lanka, is set to become the first of its kind in the country and South Asia as a whole. The company plans to revolutionize luxury hospitality, entertainment, and leisure, City of Dreams Sri Lanka is poised to transform the tourism landscape and stimulate economic growth in the region it says on the announcement.

Melco Resorts is embarking on a rebrand for the former Cinnamon Life Integrated Resort into the City of Dreams Sri Lanka. The project aims to create a destination that combines world-class gaming facilities, opulent accommodations, and captivating entertainment options.

As part of the transformation, Melco Resorts will manage the top five floors of the hotel under its esteemed Nuwa brand. With 113 out of the total 800 rooms in the property, Nuwa will offer guests an unrivalled level of luxury and sophistication. The Nuwa experience is synonymous with elegance, impeccable service, and attention to detail, ensuring that guests have a truly unforgettable stay at City of Dreams Sri Lanka.

Melco Resorts has also been entrusted with operating the gaming area at City of Dreams Sri Lanka, cementing its position as a global leader in the gaming industry. The casino investment for this venture is estimated to be approximately $125 million. This state-of-the-art gaming facility is expected to attract both local and international visitors, offering a wide range of exciting games and unparalleled entertainment options. With potential for further expansion of gaming facilities in the future, Melco Resorts aims to create a dynamic and thriving gaming destination in Sri Lanka.

To bring this visionary project to life, Melco Resorts has joined forces with the esteemed developer, John Keells Holdings. As part of the partnership, John Keells Holdings will continue to operate 687 hotel rooms within the property, ensuring a seamless integration of their expertise and Melco’s unparalleled hospitality and gaming offerings. This collaboration aims to leverage the strengths of both parties to create a truly exceptional destination that surpasses all expectations.

The extensive development of City of Dreams Sri Lanka is well underway, with a projected investment value exceeding $1 billion. The resort is expected to commence operations in the third quarter of 2024, showcasing its grandeur and sophistication to the world. The gaming area, managed by Melco Resorts, is set to become a significant attraction for visitors, while the Nuwa accommodations will provide the epitome of luxury and comfort. The overall integrated resort is slated to be fully operational by mid-2025, offering an extraordinary experience to guests from around the globe.