Genting eyes Sri Lanka casino venture

    Genting may be close to securing an accord on a casino venture in Sri Lanka, The Star reported citing unnamed sources. The Malaysian group is likely to partner with a local group as government policy is not to issue any new casino licences, but to allow existing approvals to operate under regulations passed in 2010, it said. Genting has a presence in Sri Lanka via a 25 percent stake in the Union Bank of Colombo.