The country could be just steps away from legalizing casino gambling Sri Lanka has lifted its long-standing ban on importing casino slot machines, signaling a key step toward a more structured and legalized gambling industry. The move, approved by the Committee on Public Finance (COPF), reflects a shift in the government’s approach to gambling—from restriction
Tag: sri lanka
Sri Lanka’s Move Toward Legalized Casinos Faces Resistance
The draft legislation left out key components that have the opposition in an uproar Sri Lanka’s proposed overhaul of its gambling sector is facing pushback from lawmakers and financial officials who say the current draft leaves critical loopholes unaddressed. The Gambling Regulatory Authority Act, still under consultation, is intended to set up an independent agency
Sri Lanka Adding to SE Asia Casino Gambling Frenzy
SE Asia is rapidly becoming the gambling hub of the world Sri Lanka is moving closer to reshaping its gambling landscape, with a newly proposed bill that could bring major changes to how betting and gaming are regulated across the country. President Anura Kumara Dissanayake recently published a draft law that, if passed by parliament,