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Tag: Sri Lanka

Sri Lanka Issues New Casino Rules Sri Lanka

21 Sep, 2022 Sri Lanka Issues New Casino Rules

Sri Lanka‘s president Ranil Wickremesinghe has issued a new set of rules to regularize gaming in the country under the 2010 law. According to two gazette notices, reported by local Sri Lankan media, the country will now issue licenses for up to 20 years. Additionally, a five-year ...

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Sri Lanka: Wickremesinghe Approves Proposal To Issue Casino Licenses Sri Lanka

11 Jul, 2022 Sri Lanka: Wickremesinghe Approves Proposal To Issue Casino Licenses

As per the latest media reports, the Sri Lankan cabinet headed by Prime Minister (PM) Ranil Wickremesinghe has approved a proposal which will grant official licenses to the island country’s four casinos. The casino licenses will make it easy for the government to collect tax revenues fr...

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Sri Lanka’s casino entry fee only limited to citizens Sri Lanka

08 Apr, 2019 Sri Lanka’s casino entry fee only limited to citizens

In March this year, the Sri Lankan government imposed a casino tax with a view to increase the tax revenue. They imposed a $50 entry fee for customers who wish to enter their casinos. It had also introduced a 15% levy on the entire casino’s turnover. The Finance Minister of the country ...

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Sri Lanka doubles casino license fee; introduces $50 entry Sri Lanka

06 Mar, 2019 Sri Lanka doubles casino license fee; introduces $50 entry

In a recent development, the Sri Lankan government has introduced a slew of measures to increase its tax revenues and among that is hiking of land-based casino license fees. The country has also introduced a $50 entry fee for customers just for entering Sri Lankan casinos. It has also i...

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