Sri Lanka Implements Higher Taxes and Increased Entrance Fees for Casinos

Introduction to New Casino Tax Policies

Sri Lanka’s financial authorities have announced significant changes to the taxation and entrance fees related to casino operations. These measures aim to increase government revenue amid ongoing economic challenges.

Details of the Tax Increase

Effective from January 1, 2026, the Gross Collection Levy for betting and gaming establishments has been raised to 18%. This adjustment reflects the government’s efforts to address the country’s budget deficit and mounting debt pressures.

Casino Entrance Fee Hikes

The entrance fee for patrons visiting casinos has also doubled, rising from $50 to $100 per visitor. Officials believe that this increase, which applies to all guests entering the casino, will help generate additional revenue while remaining accessible to international tourists.

Establishment of a Regulatory Authority

In addition to fiscal changes, Sri Lanka is in the process of creating a Gambling Regulatory Authority (GRA). This new body is expected to enhance regulatory oversight over the gambling sector and support the government’s goal of boosting tax income from gaming operations.