THE M3: SRI LANKA CASINO LEGISLATION; CHINA HOME PRICE CONTROL

11/09/10 08:10AM EST

The Macau Metro Monitor, November 9th, 2010


SRI LANKA TO LEGALIZE CASINOS macaubusiness.com   

According to The (Sri Lanka) Sunday Times, the Sri Lanka government will legalize casinos and betting centres throughout the country despite criticism from the clergy and opposition political parties.  The new law is now before Parliament for approval.  The bill is to be enacted on January 1, 2012.

CHINA TO ALLOW CONTROL OF HOME PRICES, TIMES SAYS Bloomberg

According to Securities Times, sources say the Chinese government is drafting rules that will allow local authorities to place a cap on the selling prices of homes and developers' profits if prices get out of control.

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.