Measures to streamline On line casino business!


The Cupboard has accredited a proposal submitted by the Prime Minister in his capability because the Finance Minister, relating to the regularization of the on line casino business in Sri Lanka.

The On line casino Enterprise (Regulation) Act No. 17 of 2010 and the Betting and Gaming Tax Act No. 40 of 1988 present for the regulation of the on line casino business, and beneath Act No. 17 of 2010, licenses are required to function on line casino companies in Sri Lanka.

The proposal submitted by the Prime Minister to the Cupboard of Ministers on this regard factors out that as a result of needed orders to implement the provisions of the stated Act not been issued thus far, no license has been issued to any on line casino enterprise beneath the stated Act and it’s troublesome to formally accumulate taxes from the establishments at the moment engaged within the on line casino enterprise because of this.

Share post:


More like this

Why did the Palestinian group Hamas launch an attack on Israel? All to know | Israel-Palestine conflict News

EXPLAINERDozens killed, tons of injured after Hamas sends...

Air India’s First Look Of Planes After Major Logo, Design Change. See Pics

<!-- -->Our A350s begin coming house this winter,...

Pakistan beat Netherlands by 81 runs in ICC Cricket World Cup 2023 | ICC Cricket World Cup News

Haris Rauf took three wickets Pakistan’s bowlers dismissed...

Asian Games 2023 Day 13 Live Updates: Medal Rush For India On Day 13, 90-Mark Breached

Asian Video games 2023 Day 13 Dwell Updates:...