The Inland Revenue Department (IRD) of Sri Lanka has officially announced that from New Year's Day 2026, the tax standards for the country's casinos and gambling industry will undergo significant adjustments. This change is based on the Gambling Tax Amendment Act No. 25 of 2025, aimed at revising th
The Sri Lankan government recently revealed that the new Gaming Regulatory Authority will officially go live on December 1st. This entity will be responsible for managing all gambling activities nationwide, including online and offline, but excluding lotteries. The regulatory body will handle licens
Sri Lanka has recently introduced a new law that will comprehensively regulate gambling activities starting from December 1. This law aims to regulate market order, prevent illegal activities, and enhance transparency. Simply put, this is an important step by the government to rectify the industry.B
The Republic of Sri Lanka plans to officially establish the Gambling Regulatory Authority (GRA) on June 30, 2026, to uniformly manage all gambling activities except for lotteries and social games, aiming to address the regulatory challenges where online gambling is illegal yet prevalent. Currently,
Sri Lankan media reports have raised concerns about the country's visa approval system. According to local media "Today Ceylon," several officials from the Sri Lankan Immigration Department have jointly written to the president, expressing concerns about potential security issues in the visa approva
If it weren't for personal experience, I might also think that the external claims about the risks of the gambling industry in Sri Lanka are a bit exaggerated.But having been here for nearly a year, I can responsibly tell everyone: There are indeed opportunities here, but the risks are much greater
Sri Lanka's cabinet recently approved the 2025 budget, announcing adjustments to the tax policy for the gambling industry. According to the new regulations, the tax on gambling and gaming will be increased from 15% to 18%, and the entry fee for casinos for the country's citizens will be raised from
Sri Lanka is pinning its future on the gambling industry, attempting to attract high-end tourists from China and India with casinos in exchange for the urgently needed foreign exchange income. At the beginning of this month, President Disanayake personally inaugurated the $1.2 billion "Studio City S
With the legalization of gambling and the acceleration of digitalization, Sri Lanka has unexpectedly become a "new paradise" for cybercriminals.Kaspersky's latest report shows that the country has seen a sharp increase in the number of malware and phishing attacks, with the financial sector particul
Sri Lanka's gambling industry welcomes historic changes. Recently, the Sri Lankan Parliament officially passed the second reading of the "Gambling Regulatory Authority Act," which is scheduled to take effect after being signed by the Speaker of the Parliament. This means that the country's gambling
This year, as China and several Southeast Asian countries continue to intensify their crackdown on transnational telecom fraud, numerous scam dens hidden in parks have been uprooted, and involved Chinese citizens are constantly being repatriated. At the same time, the relevant countries have begun a
Sri Lanka—During the recent parliamentary debate on the second reading of the "Gambling Regulatory Authority Bill," NDF member Faisal Mustafa urged the government to establish strict online gambling regulations to address the risks of addiction brought by online gambling. He pointed out that while p
India's lower house of parliament has passed a bill to ban real money online gambling, causing significant concern within the industry. Multiple sources indicate that the ruling Bharatiya Janata Party also holds a majority in the upper house, making it highly likely that the bill will be passed soon
According to the "Sri Lanka Mirror", the Committee on Public Finance (CoPF) in Sri Lanka has approved the bill to establish the Gambling Regulatory Authority, paving the way for the country to set up an independent gambling regulatory body. The meeting was chaired by parliamentarian Rauff Hakeem, ac
