1. Southeast Asia Casino Industry is seeing a Revenue Growth
  2. SportsBettingSolutionAsia.com Sports Betting Software Review
  3. Football Betting Tips
  4. Japan wants Gambling Venues to use Facial Recognition Software
  5. Sri Lanka Adapts Changes in Gambling Industry
  6. The eLions are to be England’s first eSports National Team
  7. 2019 FIBA Men’s Basketball World Cup Qualifiers
  8. Macau Revenue From Gaming Tax Up for 2018
  9. AcePerHead.com Sports Betting Software Review
  10. How to Bet on Volleyball
  11. Heritage Sports Sportsbook Review
  12. Osaka Predicts Potential IR Will Get 25M Visitors
  13. Ladbrokes’ New Policies Creates Conflict of Interest with Stopping Problem Gambling
  14. Super Bowl Betting Secret
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  16. South Korea loses to Qatar in 2019 Asian Cup
  17. Bwager Sports Betting Software Review
  18. South Korea to Ban Sex Offenders from Sports for Life
  19. South Korea at the forefront of the e-sports industry
  20. Macau Legend to Build Integrated Resort in Cambodia
  21. Betting on Basketball
  22. KIBET Sportsbook Review
  23. Jeonbuk Hyundai Motors have the highest payroll in the K-League
  24. WSOP.com Poker Review
  25. Will Dustin Nippert Stay in the KBO?
  26. Playtech Sports Betting Software Review
  27. Aaron Haynes leads SK Knights to Win
  28. Sports Betting Tutorial – Where to Bet Sports Online
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  30. Vietnam to Develop Horse Racing Facility
  31. BetPhoenix.ag Sportsbook Review
  32. 2018 K League MVP Award Voting Update
  33. Corruption in China Lottery
  34. National South Korean Baseball Team Manager Resigns Controversy
  35. Poker Guide – Hand Types
  36. Korean Football Association to Support Community Service for Military-Exempt Players
  37. Nexen Heroes Eyes Spot in Korean Series
  38. Hanwha Eagles Stays in Postseason
  39. South Korea Qualifies for 2019 FIFA U-20 World Cup
  40. Beginners Guide to Football Betting
  41. Guide to Playing Craps
  42. Nexen Heroes Win the Wildcard Game
  43. US Elections in November And Online Poker
  44. New Mexico Casino is to offer Sports Betting Services from USBookmaking
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Saturday, March 23, 2019
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  1. Southeast Asia Casino Industry is seeing a Revenue Growth
  2. SportsBettingSolutionAsia.com Sports Betting Software Review
  3. Football Betting Tips
  4. Japan wants Gambling Venues to use Facial Recognition Software
  5. Sri Lanka Adapts Changes in Gambling Industry
  6. The eLions are to be England’s first eSports National Team
  7. 2019 FIBA Men’s Basketball World Cup Qualifiers
  8. Macau Revenue From Gaming Tax Up for 2018
  9. AcePerHead.com Sports Betting Software Review
  10. How to Bet on Volleyball
  11. Heritage Sports Sportsbook Review
  12. Osaka Predicts Potential IR Will Get 25M Visitors
  13. Ladbrokes’ New Policies Creates Conflict of Interest with Stopping Problem Gambling
  14. Super Bowl Betting Secret
  15. Super Bowl Betting Guide
  16. South Korea loses to Qatar in 2019 Asian Cup
  17. Bwager Sports Betting Software Review
  18. South Korea to Ban Sex Offenders from Sports for Life
  19. South Korea at the forefront of the e-sports industry
  20. Macau Legend to Build Integrated Resort in Cambodia
  21. Betting on Basketball
  22. KIBET Sportsbook Review
  23. Jeonbuk Hyundai Motors have the highest payroll in the K-League
  24. WSOP.com Poker Review
  25. Will Dustin Nippert Stay in the KBO?
  26. Playtech Sports Betting Software Review
  27. Aaron Haynes leads SK Knights to Win
  28. Sports Betting Tutorial – Where to Bet Sports Online
  29. Wakayama Pro-Gambling Governor Stays in Post
  30. Vietnam to Develop Horse Racing Facility
  31. BetPhoenix.ag Sportsbook Review
  32. 2018 K League MVP Award Voting Update
  33. Corruption in China Lottery
  34. National South Korean Baseball Team Manager Resigns Controversy
  35. Poker Guide – Hand Types
  36. Korean Football Association to Support Community Service for Military-Exempt Players
  37. Nexen Heroes Eyes Spot in Korean Series
  38. Hanwha Eagles Stays in Postseason
  39. South Korea Qualifies for 2019 FIFA U-20 World Cup
  40. Beginners Guide to Football Betting
  41. Guide to Playing Craps
  42. Nexen Heroes Win the Wildcard Game
  43. US Elections in November And Online Poker
  44. New Mexico Casino is to offer Sports Betting Services from USBookmaking
  45. Counter-Strike: Global Offensive Review
  46. South Korean Golf Team Win the UL International Crown
  47. Paradise Co Casino Revenue is Up this September
  48. Doosan Bears Secure the Best Regular Season Record
  49. Fortnite’s $10 million Fall Tournament Kicks Off!
  50. Sports Betting Can Increase NFL Revenue Up To $2.3 Billion
Sri Lanka Adapts Changes in Gambling Industry

Gambling in Asia is gaining as much popularity as it has in other parts of the world. The Korean Sports betting industry, for one, is increasingly growing every year. And as the industry grows popular, governments across Asia want to regulate the industry, and gain revenue from taxes that will be used for community projects and to fund the state coffers. This is also the case with the rapid legalization of sports betting across the world.

In the case of Sri Lanka, their government has recently announced several changes to increase revenue collection. However, these measures are being faced with complaints, as the effect of these measures could be detrimental to the operators.

Sri Lanka Gambling Laws

In the latest gambling news, operators of casinos will now have to pay a hefty annual license fee of $2.2 million, which is twice the current rate of $1.1 million. Not only that, but operators are to pay 15% in taxes on the turnover. But starting April 1, these taxes will now be assessed on operations.

Casinos will now also have to require patrons to pay an entrance fee. The fee of $50 per head to enter their premises. The government argues that a similar fee exists in Singapore. But local operators think this will be bad for their local patrons. Currently, Singapore charges an entrance fee of $100 for 24 hours, or an annual fee of around $1,475.

Analysts foresee that these new measures will affect the local industry negatively, as these measures could serve as a deterrent for people to visit their premises, and opt for other gambling options instead. This may also affect the potential of the country to attract international investors and operators.

Either way, the numbers will speak for itself. Once the new measures are in place, the government will be able to track the numbers to see the effectivity of their policies.

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