In Sri Lanka, casino operations are regulated under the Betting and Gaming Levy Act No. 40 of 1988. While gambling is generally prohibited for Sri Lankan citizens, there are specific licensed casinos that primarily cater to foreign tourists. These establishments are allowed to operate in designated tourist zones and are subject to strict government regulations and licensing requirements.
The legal framework distinguishes between gambling activities for locals and foreigners. Sri Lankan citizens are not permitted to enter or participate in casino gaming, with exceptions made for certain special categories. The government maintains tight control over casino operations through the Ministry of Finance and the Department of State Revenue.
Currently, there are several licensed casinos operating in Colombo and other major tourist areas. These facilities are required to adhere to comprehensive regulations covering operational standards, financial reporting, and anti-money laundering measures. The licensing process involves rigorous background checks and substantial financial commitments from operators. |
