Following his election last year, the president of Sri Lanka unveiled his first budget, with gambling as a major theme.
First, the two casinos in the country will charge an entrance fee of $100 per person, which is double the previous amount.
Additionally, the 15% turnover tax on gaming establishments has been raised to 18%.
The newly elected president is attempting to increase revenue and strengthen Sri Lanka's economy with this budget, which also includes several measures pertaining to other sectors.
First, the two casinos in the country will charge an entrance fee of $100 per person, which is double the previous amount.
Additionally, the 15% turnover tax on gaming establishments has been raised to 18%.
The newly elected president is attempting to increase revenue and strengthen Sri Lanka's economy with this budget, which also includes several measures pertaining to other sectors.
