Regulatory Authority – Newswire https://www.newswire.lk Sri Lanka's largest News aggregator Tue, 27 Jun 2023 08:06:41 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.7 https://www.newswire.lk/wp-content/uploads/2020/05/favicon.png Regulatory Authority – Newswire https://www.newswire.lk 32 32 Cabinet nod to establish Gambling Regulator https://www.newswire.lk/2023/06/27/cabinet-nod-to-establish-gambling-regulator/ Tue, 27 Jun 2023 08:06:20 +0000 http://www.newswire.lk/?p=121009

The proposal to establish a Gambling Regulatory Authority has received Cabinet approval. The proposal was proposed by President Ranil Wickremesinghe,Continue Reading

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The proposal to establish a Gambling Regulatory Authority has received Cabinet approval.

The proposal was proposed by President Ranil Wickremesinghe, in his capacity as the Finance Minister.

According to the government, the need for a Gambling Regulatory Authority was identified in order to collect the necessary taxes, prevent crimes related to gambling, and prevent the impact of gambling-related activities on society and individuals. 

Cabinet approval has been granted for the legal draftsman to formulate the necessary laws in this regard. (NewsWire)

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