Sri Lanka’s new Gambling Regulatory Authority Act, No. 17 of 2025, will take effect on December 1, after being officially announced by President Anura Kumara Dissanayake.
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John Keells Holdings PLC (JKH) and Melco Resorts & Entertainment (Melco) recently announced the grand opening of City of Dreams Sri Lanka on August 2, 2025.
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Sri Lanka's Parliament Committee on Public Finance (COPF) lifts the casino equipment ban, with the introduction of the Gambling Regulatory Authority Bill.COPF lifted the...
Sri Lanka advances with a new bill declared by President Anura Kumara Dissanayake, intending to form a new Gambling Regulatory Authority to oversee the betting and gaming...
With the Attorney General giving the green light, a brand-new bill regulating the gambling market is heading to Sri Lanka's Parliament for debate.The main purpose of the...
Sri Lanka’s 2025 budget introduces significant tax changes for the gaming industry, with an 18% tax on casinos' gross collections, and the entrance fee for patrons doubled...
When fully operational, Melco's recently announced City of Dreams Sri Lanka project is expected to produce gross gaming revenue of $200-250 million annually.Melco's EVP...