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SRI Lanka draft gambling law leaves junket rules unspecified

Regulation

SRI Lanka’s draft Gambling Authority Act sets out licensing, taxation and oversight of junkets but does not specify rules for them. At a parliamentary hearing, a Financial Intelligence Unit officer questioned whether junket operators would fall within the casino’s Inland Revenue collection arrangements; the draft was published on 23 May.

The draft’s unclear treatment of junkets affects how casinos and authorities would oversee those operators.

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