Sri Lanka Cabinet Approves Gambling Regulatory Authority Amid Tourism Push
Parliament Review Next Step in Formalizing Oversight
Sri Lanka has moved a step closer to establishing a national gambling regulator after the Cabinet approved the publication of the Gambling Sports Regularization Act in the Government Gazette on April 21, 2025. The legislation, first proposed by President Anura Kumara Dissanayake—who also serves as Minister of Finance, Planning, and Economic Development—is now pending parliamentary approval.
Once passed, the Act will officially create the Gambling Regulatory Authority (GRA), a centralized body tasked with overseeing the full spectrum of gambling activities in the country, including online platforms, land-based casinos, offshore operations, and floating venues.
Colombo Port City at the Center of Regulatory Focus
A major focus of the GRA will be gambling operations in Colombo Port City, an ambitious infrastructure and tourism development zone on the edge of the capital. The area includes high-profile projects like the City of Dreams, a luxury casino resort being developed by Melco Resorts & Entertainment Ltd, scheduled to open in Q3 2025.
Officials argue that a dedicated authority is essential for ensuring responsible gambling practices in tandem with economic growth. It will also align Sri Lanka’s gambling oversight with international standards and prevent misuse through unregulated betting.
Closing Loopholes and Attracting Investment
Sri Lanka’s gambling sector has long operated without a cohesive regulatory framework, creating gaps in enforcement and consumer protection. The GRA is expected to close these loopholes, enforce compliance, and enhance the transparency of gambling operations—key concerns as the government positions the country as a high-end tourism and entertainment hub.
The legislation also responds to international pressure to better control financial flows linked to gambling. Regulators will gain powers to license operators, monitor gaming activity, and issue penalties for non-compliance.
A Strategic Step Toward Safer, Regulated Gambling
The creation of the Gambling Regulatory Authority represents more than just administrative reform—it signals a larger shift in how Sri Lanka views its gambling industry. By pairing investment in infrastructure with robust oversight, the country aims to grow its economy while reducing the risks associated with unregulated play.
If passed by parliament in the coming weeks, the Act would mark the beginning of a structured approach to managing one of the fastest-growing sectors in the region.