Government Speeds Up Efforts to Regulate Gambling Industry - LNW Lanka News Web
2 Articles
2 Articles
Commercial determinants of health: The case of Kenya's gambling industry
While the individual measures on gambling aim to alleviate conditions such as depression, anxiety, and substance abuse, they address only the symptoms rather than the root causes. Systemic problems—such as weak structural regulations that permit over 100 betting firms to operate without limits on daily wagers—continue to drive industry growth. This regulatory void, coupled with lenient advertising and tax policies, creates an environment where g…
Government Speeds Up Efforts to Regulate Gambling Industry - LNW Lanka News Web
By: Staff Writer April 01, Colombo (LNW): Sri Lanka is expediting the establishment of a Casino Regulatory Authority aimed at addressing key issues like online gambling, tax evasion, and money laundering. A senior official from the Finance Ministry highlighted that the regulation would provide clearer operational guidelines and improve transparency in revenue collection. The proposed regulatory body is set to oversee the licensing process, monit…
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