1. Lotte Giants Managers Resign
  2. Bitcoin Sports Betting is becoming more Popular
  3. Houston Astros Vs. Los Angeles Angels Betting Pick – MLB Betting Prediction
  4. BetOnline.ag Sportsbook Review
  5. Gambling Industry Game Changer: DraftKings Buying SBTech?
  6. Soccer Betting Pick: Colombia vs Chile
  7. Soccer Betting Pick: 2019 Women’s World Cup USA vs Spain
  8. KBO Wildcard Spot Update – Competition Getting Closer
  9. Ryu Hyun-jin Dominates US Baseball
  10. U20 World Cup Finals Preview – South Korea vs. Ukraine
  11. Soccer Betting Pick: Women’s World Cup for USA vs Thailand
  12. Reasons Why Online Gambling is Surpassing Traditional Gambling
  13. Raptors vs Golden State Warriors Betting Pick – NBA Finals Prediction
  14. Ryu Hyun-jin Shuts Down the Mets for his Eighth Win
  15. Slots Tutorial
  16. Real Salt Lake vs Montreal Impact Pick – Major League Soccer Prediction
  17. FanDuel Partners with fuboTV
  18. NBA Betting Tutorial
  19. PricePerPlayer.com Sports Betting Software Review
  20. Raptors vs. Bucks Betting Pick – NBA Playoffs Prediction
  21. Kangwon Land Casino Profits are Up for its First Quarter
  22. South Korean Resort by Mohegan Pushes Through
  23. White Sox vs. Indians Betting Pick – MLB Betting Prediction
  24. Jeju United hires Choi Yun-kyum as the New Head Coach
  25. Integrity Fees in US Sports Betting
  26. The Beginner’s Guide to Betting on Baseball
  27. Kang Seung-ho receives 1 year suspension for covering DUI
  28. Nuggets vs Spurs Betting Pick- NBA Playoffs Prediction
  29. WagerWeb.eu Sportsbook Review
  30. Online Gambling Problems in Gujarat
  31. 2019 NBA Play Off Rankings
  32. Ulsan Hyundai Maintains Streak
  33. LoL LCK 2019 Spring Playoffs – Kingzone DragonX defeats DAMWON Gaming
  34. Minor Leagues to Be Promoted
  35. Korean Baseball Players start in the MLB opening season
  36. KBO Season Opening Day Sold Out
  37. Southeast Asia Casino Industry is seeing a Revenue Growth
  38. Veteran Basketball Player Retires
  39. SportsBettingSolutionAsia.com Sports Betting Software Review
  40. Football Betting Tips
  41. Japan wants Gambling Venues to use Facial Recognition Software
  42. Sri Lanka Adapts Changes in Gambling Industry
  43. The eLions are to be England’s first eSports National Team
  44. 2019 FIBA Men’s Basketball World Cup Qualifiers
  45. Macau Revenue From Gaming Tax Up for 2018
  46. AcePerHead.com Sports Betting Software Review
  47. How to Bet on Volleyball
  48. Heritage Sports Sportsbook Review
  49. Osaka Predicts Potential IR Will Get 25M Visitors
  50. Ladbrokes’ New Policies Creates Conflict of Interest with Stopping Problem Gambling
  51. Super Bowl Betting Secret
  52. Super Bowl Betting Guide
  53. South Korea loses to Qatar in 2019 Asian Cup
  54. Bwager Sports Betting Software Review
  55. South Korea to Ban Sex Offenders from Sports for Life
  56. South Korea at the forefront of the e-sports industry
  57. Macau Legend to Build Integrated Resort in Cambodia
  58. Betting on Basketball
  59. KOBET Sportsbook Review
  60. Jeonbuk Hyundai Motors have the highest payroll in the K-League
  61. WSOP.com Poker Review
  62. Will Dustin Nippert Stay in the KBO?
  63. Playtech Sports Betting Software Review
  64. Aaron Haynes leads SK Knights to Win
  65. Sports Betting Tutorial – Where to Bet Sports Online
  66. Wakayama Pro-Gambling Governor Stays in Post
  67. Vietnam to Develop Horse Racing Facility
  68. BetPhoenix.ag Sportsbook Review
  69. 2018 K League MVP Award Voting Update
  70. Corruption in China Lottery
  71. National South Korean Baseball Team Manager Resigns Controversy
  72. Poker Guide – Hand Types
  73. Korean Football Association to Support Community Service for Military-Exempt Players
  74. Nexen Heroes Eyes Spot in Korean Series
  75. Hanwha Eagles Stays in Postseason
  76. South Korea Qualifies for 2019 FIFA U-20 World Cup
  77. Beginners Guide to Football Betting
  78. Guide to Playing Craps
  79. Nexen Heroes Win the Wildcard Game
  80. US Elections in November And Online Poker
  81. New Mexico Casino is to offer Sports Betting Services from USBookmaking
  82. Counter-Strike: Global Offensive Review
  83. South Korean Golf Team Win the UL International Crown
  84. Paradise Co Casino Revenue is Up this September
  85. Doosan Bears Secure the Best Regular Season Record
  86. Fortnite’s $10 million Fall Tournament Kicks Off!
  87. Sports Betting Can Increase NFL Revenue Up To $2.3 Billion
Sunday, July 21, 2019
Banner Top
  1. Lotte Giants Managers Resign
  2. Bitcoin Sports Betting is becoming more Popular
  3. Houston Astros Vs. Los Angeles Angels Betting Pick – MLB Betting Prediction
  4. BetOnline.ag Sportsbook Review
  5. Gambling Industry Game Changer: DraftKings Buying SBTech?
  6. Soccer Betting Pick: Colombia vs Chile
  7. Soccer Betting Pick: 2019 Women’s World Cup USA vs Spain
  8. KBO Wildcard Spot Update – Competition Getting Closer
  9. Ryu Hyun-jin Dominates US Baseball
  10. U20 World Cup Finals Preview – South Korea vs. Ukraine
  11. Soccer Betting Pick: Women’s World Cup for USA vs Thailand
  12. Reasons Why Online Gambling is Surpassing Traditional Gambling
  13. Raptors vs Golden State Warriors Betting Pick – NBA Finals Prediction
  14. Ryu Hyun-jin Shuts Down the Mets for his Eighth Win
  15. Slots Tutorial
  16. Real Salt Lake vs Montreal Impact Pick – Major League Soccer Prediction
  17. FanDuel Partners with fuboTV
  18. NBA Betting Tutorial
  19. PricePerPlayer.com Sports Betting Software Review
  20. Raptors vs. Bucks Betting Pick – NBA Playoffs Prediction
  21. Kangwon Land Casino Profits are Up for its First Quarter
  22. South Korean Resort by Mohegan Pushes Through
  23. White Sox vs. Indians Betting Pick – MLB Betting Prediction
  24. Jeju United hires Choi Yun-kyum as the New Head Coach
  25. Integrity Fees in US Sports Betting
  26. The Beginner’s Guide to Betting on Baseball
  27. Kang Seung-ho receives 1 year suspension for covering DUI
  28. Nuggets vs Spurs Betting Pick- NBA Playoffs Prediction
  29. WagerWeb.eu Sportsbook Review
  30. Online Gambling Problems in Gujarat
  31. 2019 NBA Play Off Rankings
  32. Ulsan Hyundai Maintains Streak
  33. LoL LCK 2019 Spring Playoffs – Kingzone DragonX defeats DAMWON Gaming
  34. Minor Leagues to Be Promoted
  35. Korean Baseball Players start in the MLB opening season
  36. KBO Season Opening Day Sold Out
  37. Southeast Asia Casino Industry is seeing a Revenue Growth
  38. Veteran Basketball Player Retires
  39. SportsBettingSolutionAsia.com Sports Betting Software Review
  40. Football Betting Tips
  41. Japan wants Gambling Venues to use Facial Recognition Software
  42. Sri Lanka Adapts Changes in Gambling Industry
  43. The eLions are to be England’s first eSports National Team
  44. 2019 FIBA Men’s Basketball World Cup Qualifiers
  45. Macau Revenue From Gaming Tax Up for 2018
  46. AcePerHead.com Sports Betting Software Review
  47. How to Bet on Volleyball
  48. Heritage Sports Sportsbook Review
  49. Osaka Predicts Potential IR Will Get 25M Visitors
  50. Ladbrokes’ New Policies Creates Conflict of Interest with Stopping Problem Gambling
  51. Super Bowl Betting Secret
  52. Super Bowl Betting Guide
  53. South Korea loses to Qatar in 2019 Asian Cup
  54. Bwager Sports Betting Software Review
  55. South Korea to Ban Sex Offenders from Sports for Life
  56. South Korea at the forefront of the e-sports industry
  57. Macau Legend to Build Integrated Resort in Cambodia
  58. Betting on Basketball
  59. KOBET Sportsbook Review
  60. Jeonbuk Hyundai Motors have the highest payroll in the K-League
  61. WSOP.com Poker Review
  62. Will Dustin Nippert Stay in the KBO?
  63. Playtech Sports Betting Software Review
  64. Aaron Haynes leads SK Knights to Win
  65. Sports Betting Tutorial – Where to Bet Sports Online
  66. Wakayama Pro-Gambling Governor Stays in Post
  67. Vietnam to Develop Horse Racing Facility
  68. BetPhoenix.ag Sportsbook Review
  69. 2018 K League MVP Award Voting Update
  70. Corruption in China Lottery
  71. National South Korean Baseball Team Manager Resigns Controversy
  72. Poker Guide – Hand Types
  73. Korean Football Association to Support Community Service for Military-Exempt Players
  74. Nexen Heroes Eyes Spot in Korean Series
  75. Hanwha Eagles Stays in Postseason
  76. South Korea Qualifies for 2019 FIFA U-20 World Cup
  77. Beginners Guide to Football Betting
  78. Guide to Playing Craps
  79. Nexen Heroes Win the Wildcard Game
  80. US Elections in November And Online Poker
  81. New Mexico Casino is to offer Sports Betting Services from USBookmaking
  82. Counter-Strike: Global Offensive Review
  83. South Korean Golf Team Win the UL International Crown
  84. Paradise Co Casino Revenue is Up this September
  85. Doosan Bears Secure the Best Regular Season Record
  86. Fortnite’s $10 million Fall Tournament Kicks Off!
  87. 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.

Tags:

Related Article

No Related Article

0 Comments

Leave a Comment