The Cabinet has approved publishing the draft bill of the Gambling Sports Regularization Act in the government gazette and subsequently submitting it to the Parliament for approval for the establishment of the Gambling Regulation Authority.
It has been proposed to establish the Gambling Regulation Authority to act as an independent and sole authority to monitor activities related to the gambling industry in Sri Lanka, including offshore gambling sports activities in ships, the Colombo Port City, as well as online gambling sports.
In line with the approval of the Cabinet of Ministers in February 2025 to prepare the said draft bill, the draft bill in this regard has been prepared and has also received clearance from the Attorney General.
As such, the Cabinet of Ministers approved the proposal by the President to publish the draft bill of the Gambling Sports Regularization Act in the government gazette notification and subsequently submit it to the Parliament for approval. (Newswire)
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