SRI Lankan cabinet approves draft bill for national gambling regulator
SRI Lanka’s Cabinet of Ministers approved a draft Gambling Sports Regularisation Act to establish a national regulator covering gambling activities. The proposed authority would oversee land-based and online offerings, including offshore gambling, and the bill envisages licensing, taxation, compliance reporting and consumer safeguards; it now heads to Parliament for debate.
The proposal could bring gambling operators targeting SRI Lankan customers under a single licensing and oversight framework.