Sri Lanka to Launch Gambling Regulatory Authority on December 1

[MissExposé]

Sri Lanka will officially launch its new Gambling Regulatory Authority on December 1, 2025, aiming to oversee and better control the country’s gambling industry. The new authority will issue licenses, regulate operators, and ensure compliance with national laws. This move is part of Sri Lanka's broader effort to modernize and centralize gambling oversight, replacing outdated frameworks. The government expects the authority to enhance transparency, curb illegal gambling activities, and increase tax revenue. Stakeholders see this as a critical step toward responsible gaming and improved investor confidence in the sector. The authority will function under the Ministry of Finance.

Source: https://www.casinonewsdaily.com/blo...aunches-new-gambling-authority-on-december-1/

 

[Gatto]

Thanks MissExpose

 

[atiyaati14]

The launch of the Gambling Regulatory Authority in Sri Lanka from December 1 marks a major turning point for the region’s gaming sector. By consolidating casinos, online gaming, ship-based and offshore gambling under a single regulator, this move brings clarity, accountability and stronger oversight. With older laws — including those covering horse-racing, casinos and general gaming — now repealed, the new framework will help enforce licensing, monitor compliance, handle taxation, and implement anti-money-laundering and social-responsibility measures. For players and operators alike, it signals that gambling will no longer be a fragmented or shady industry in Sri Lanka, but a regulated business with standards. That said, tighter oversight also means operators and gamers must comply with stricter rules, and for many people that could mean fewer risks — financial or societal — if they gamble responsibly.