Sri Lankan parliament approves Gambling Regulatory Authority Bill<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"Amendments to the Betting and Gaming Levy Act will be sent to parliament for approval.<\/p>\n","protected":false},"author":680,"featured_media":777027001,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Sri Lanka's cabinet has approved a 2025 budget measure to increase the betting and gaming tax by three percentage points to 18% and double the casino entry fee for residents. These amendments to the Betting and Gaming Levy Act aim to bolster state revenues and strengthen regulatory oversight, following the recent launch of City of Dreams Sri Lanka and the establishment of a Gambling Regulatory Authority.","focusai_entities":"Melco Resorts, Attorney General, Parliament, Cabinet, Gambling Regulatory Authority","focusai_location":"Sri Lanka, Colombo","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (1.0), marketing_crm (0.7), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Operator Profitability Impact?","query":"What is the estimated impact of the 3-percentage-point increase in betting and gaming tax and the doubled resident casino entry fee on the Net Gaming Revenue (NGR) and EBITDA margins for licensed operators in Sri Lanka, particularly Melco Resorts?"},{"label":"Regulatory Revenue Projections?","query":"How do these fiscal adjustments align with the newly established Gambling Regulatory Authority's mandate for market oversight and state revenue generation, and what are the long-term projections for government take from the gaming vertical?"}],"footnotes":""},"categories":[24628,154,158,16334],"tags":[225,24799],"class_list":["post-777031790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-highlight-of-the-week","category-legislation-news","category-slider-home","category-south-asia-news","tag-legislation","tag-sri-lanka"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/680"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777031790"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031790\/revisions"}],"predecessor-version":[{"id":777031812,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031790\/revisions\/777031812"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777027001"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777031790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777031790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777031790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}