The Committee on Public Finance (CoPF) of Sri Lanka has approved the importation of casino machines, with officials citing the move as a revenue-generating measure for the government through tax collection.
The decision comes as Sri Lanka seeks to boost economic recovery following recent financial difficulties.
According to the local media outlet Daily Mirror, CoPF member Ravi Karunanayake said the government sought approval after examining the revenue potential. He emphasised that the committee focused solely on financial assessment rather than evaluating potential harmful effects of gambling, stating that their approval was based on casinos’ ability to help the government earn revenue.
The approval lifts import restrictions that were previously imposed during the country’s economic crisis. The imported equipment will be designated for currently registered tourism promotion institutions and tourist facilities.
Source: Asia Gaming Brief
