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

Dairy Industry Slumps Despite Surging Demand  Milk Farmers Face Crisis

The Sri Lankan dairy industry is at a crossroads....

Exporters Urged to Prepare for New VAT Refund Regime

With Sri Lanka’s long-running Simplified VAT (SVAT) scheme now...

Economic Recovery Stalls as Policy Reversals Undermine Reform

Sri Lanka’s path to recovery remains woefully unfinished. While...

SL Construction Sector Gains Momentum, but Relief Delay Stalls Broad Recovery

Sri Lanka’s construction industry, long battered by economic turbulence,...