India ED confiscates assets from Probo Media Technologies in online gambling case<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"The IRD has asked all casino operators and betting businesses to implement the revised levy structure.<\/p>\n","protected":false},"author":2395,"featured_media":777033949,"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 Inland Revenue Department has confirmed new tax reforms for casino operators and betting businesses, effective January 1, 2026. These changes include an increase in the Casino Entrance Levy from $50 to $100 and a rise in the Gross Collection Levy from 15% to 18% for enterprises with monthly gross collections exceeding Rs. 1m, impacting operational profitability.","focusai_entities":"Inland Revenue Department","focusai_location":"Sri Lanka","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (1.0), operator_casino (1.0), investor_analyst (0.9), journalist_researcher (0.9), supplier_vendor (0.7)","focusai_suggestions":[{"label":"Impact on GGR\/NGR?","query":"What is the projected impact of these increased levies on the Gross Gaming Revenue (GGR) and Net Gaming Revenue (NGR) for licensed operators in Sri Lanka, considering the effective date of January 1, 2026?"},{"label":"Regulatory Compliance Challenges?","query":"What specific regulatory compliance challenges or operational adjustments are anticipated for operators in Sri Lanka in preparation for the implementation of the Betting and Gaming Levy (Amendment) Act No. 25 of 2025?"}],"footnotes":""},"categories":[154,16334],"tags":[29,24619,225],"class_list":["post-777036441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-news","category-south-asia-news","tag-casino","tag-finance","tag-legislation"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036441","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\/2395"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777036441"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036441\/revisions"}],"predecessor-version":[{"id":777036445,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777036441\/revisions\/777036445"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777033949"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777036441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777036441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777036441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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<\/p>\n