Sri Lanka has elevated its on line casino entrance and gross assortment levies for 2026, issuing a proper discover to operators and companies.
A formal notice from the Inland Income Division to on line casino operators and betting and gaming companies in Sri Lanka on December 31 reveals that the on line casino entrance levy and gross assortment levy will improve in 2026. That is put into place by amendments made to the Betting and Gaming Levy Act of 1988 within the Betting and Gaming Levy (Modification) Act of 2025.
The on line casino entrance levy (CEL) has elevated from $50 to $100, whereas the gross assortment levy has been raised from 15% to 18%.
“Each one who carries on the enterprise of gaming in Sri Lanka, shall acquire CEL of United States {Dollars} 100 or its equal in another convertible international foreign money or in Sri Lanka foreign money from Sri Lankan Citizen who enters into such place of job of gaming, with impact from January 01, 2026,” reads the discover. “Gross assortment levy charge has been elevated to eighteen per centum with impact from January 01, 2026 on the gross assortment from the enterprise of bookmaker or enterprise of gaming, if such gross assortment exceeds Rs. 1 million monthly.”
Sri Lanka’s evolving playing sector
The second half of 2025 was a interval of change for Sri Lanka’s playing sector, with the president, Anura Kumara Dissanayake, beginning the method of reforming the regulatory framework within the nation in June. From December 1, the Playing Regulatory Authority was given the accountability of overseeing all gaming operations, turning into “the only real unbiased regulator with a broad and overarching scope on operations within the playing business”.
President Dissanayake’s election platform was centered on ridding the nation of corruption and arranged crime, with tackling unlawful playing strategies prime amongst these targets. His playing reform invoice had already gained Lawyer Basic approval, in addition to that of his cupboard whereas in its draft invoice kind again in February 2025.
Featured picture: Wikimedia Commons, licensed underneath CC BY 3.0
The submit Sri Lanka will increase on line casino entrance and gross assortment levies for 2026 appeared first on ReadWrite.
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