Betting and Gambling Levy Amendment Raises Taxes, Casino Entry Fee

Date:

The government has published the Gazette on Betting and Gambling Levy (Amendment), which came into effect on October 1, 2025.

Under the new regulations, the tax on gross collections from gambling businesses — including bookmakers and gambling operators — has been increased from 15% to 18%.

In addition, the casino entry fee payable by Sri Lankan citizens has been doubled to 100 US dollars, marking a 100% increase from the previous rate.

The move is part of the government’s broader fiscal measures aimed at boosting state revenue from the gaming and entertainment sectors.

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka Construction Boom Masks Deepening Cost Crisis

Sri Lanka Construction Boom Masks Deepening Cost Crisis

Repeated VAT Delay Signals Deeper Structural Tax Reform Struggles

Repeated VAT Delay Signals Deeper Structural Tax Reform Struggles

Global Shocks Erode Sri Lanka’s Hard won External Stability

Global Shocks Erode Sri Lanka’s Hard won External Stability

Government Moves to Reform Coal Procurement Amid Quality Concerns

Government Moves to Reform Coal Procurement Amid Quality Concerns