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Sri Lanka is expected to increase casino entry fees, and the business tax for gambling venues has also been raised.

PASA News
PASA News
·Mars

Sri Lankan President Anura Kumara Dissanayake has announced his first budget since being elected last year, with a focus on the gambling industry.

Firstly, the entry fee for the two national casinos will be raised to $100 per person, which is double the previous fee.

Additionally, the business tax for gambling venues has been increased from 15% to 18%.

This budget was introduced as the newly elected president seeks to increase revenue and help boost the economic development of Sri Lanka, while also introducing measures related to other sectors.

Worth noting: Sri Lanka's Dream City is the first integrated resort in Sri Lanka

The International Monetary Fund (IMF) hopes that the country's tax revenue will double from 7.3% of GDP in 2022.

Similarly, in Thailand, a draft regulation has been introduced that specifies the requirements for local gamblers entering casinos.

In January this year, a bill was approved that legalizes land-based casino gambling, with proposed entry requirements stating that locals must have a fixed deposit of at least 50 million Thai Baht ($1.48 million) with a minimum duration of six months; the maximum entry fee is 5000 Thai Baht.

斯里兰卡
斯里兰卡
#iGaming#政策分析#产业AIcasinoentryfeeAItaxincreaseAIeconomicdevelopmentAIIMFAIgamingindustryAISriLanka

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