At least 10 internationally licensed gambling platforms, including rupee-based online casinos, attract both local and foreign visitors.

The legal framework in Sri Lanka allows for land-based casinos, and now the Ministry of Finance is considering legalising online casinos and establishing a special regulator, following the directives of the Committee on Public Finance (CoPF), chaired by SJB MP Dr. Harsha de Silva.

Dr. de Silva stated at a recent CoPF meeting that the current laws are ineffective, as offshore operators continue to operate, resulting in lost tax revenue.

During a recent parliamentary session discussing online casinos, representatives from the Ministry of Finance and the Central Bank supported the idea of creating a special regulator