Sri Lanka is pinning its future on the gambling industry, attempting to attract high-end tourists from China and India with casinos in exchange for the urgently needed foreign exchange income. At the beginning of this month, President Disanayake personally inaugurated the $1.2 billion "Studio City S
With the legalization of gambling and the acceleration of digitalization, Sri Lanka has unexpectedly become a "new paradise" for cybercriminals.Kaspersky's latest report shows that the country has seen a sharp increase in the number of malware and phishing attacks, with the financial sector particul
Sri Lanka's gambling industry welcomes historic changes. Recently, the Sri Lankan Parliament officially passed the second reading of the "Gambling Regulatory Authority Act," which is scheduled to take effect after being signed by the Speaker of the Parliament. This means that the country's gambling
This year, as China and several Southeast Asian countries continue to intensify their crackdown on transnational telecom fraud, numerous scam dens hidden in parks have been uprooted, and involved Chinese citizens are constantly being repatriated. At the same time, the relevant countries have begun a
Sri Lanka—During the recent parliamentary debate on the second reading of the "Gambling Regulatory Authority Bill," NDF member Faisal Mustafa urged the government to establish strict online gambling regulations to address the risks of addiction brought by online gambling. He pointed out that while p
India's lower house of parliament has passed a bill to ban real money online gambling, causing significant concern within the industry. Multiple sources indicate that the ruling Bharatiya Janata Party also holds a majority in the upper house, making it highly likely that the bill will be passed soon
According to the "Sri Lanka Mirror", the Committee on Public Finance (CoPF) in Sri Lanka has approved the bill to establish the Gambling Regulatory Authority, paving the way for the country to set up an independent gambling regulatory body. The meeting was chaired by parliamentarian Rauff Hakeem, ac
In August 2025, the gambling giant made a striking statement at the launch ceremony of the luxury project "City of Dreams" in Sri Lanka: Sri Lanka will become the "Macau" of the Indian subcontinent, bringing unprecedented economic transformation. He predicted that Sri Lanka's annual gambling revenue
According to the "Island Report", the Committee on Public Finance (CoPF) in Sri Lanka criticized the Ministry of Finance and the Attorney General's Office for their prolonged delay in drafting the "Gambling Regulatory Authority (GRA) Act", leading to lagging industry regulation. CoPF stated that the
Sri Lanka's Parliamentary Public Finance Committee has endorsed the bill to establish the "Gambling Regulatory Authority," paving the way for its legislation. This agency will operate independently, unify the management of gambling venues nationwide, enhance tax collection and transparent governance
Sri Lanka's tourism industry experienced strong growth in August, with a 20% surge in inbound tourists compared to the same period last year, reaching a new high of over 1.4 million cumulative visitors. Data shows that from August 1 to 5, a total of 40,047 visitors were received, averaging over 8,00
The casino industry in Sri Lanka is experiencing rampant growth, while the regulatory system has been absent for a long time. The Committee on Public Finance (CoPF) recently publicly criticized the Ministry of Finance and the Attorney General's Office for delaying the drafting of the "Gambling Regul
Sri Lanka's tightened visa policies have triggered a "deportation wave," with hundreds of Chinese workers being scrutinized and expelled, a reality far more brutal than online propaganda. Recently, the local government has launched a comprehensive crackdown on illegal labor, targeting behaviors such
Recently, the Sri Lankan government has launched a comprehensive crackdown on illegal workers within the country, with hundreds of foreigners detained and deported, many of whom are Chinese citizens, attracting widespread attention. This crackdown mainly targets illegal employment caused by abuse of
