Betting and Gaming Levy

Betting and Gaming Levy (Amendments to Betting and Gaming Levy Act No.40 of 1988)

 

(i) The present entry fee of US$ 100 per person who enters Casino entertainment will be removed.

 

(ii) The present annual levy of Rs 200 million for carrying on the business of playing rudjino will be reduced to Rs. 5 million per year.

 

(iii) The present annual levy of Rs 200 million for carrying on the business of Casino will be increased to Rs. 400 million per year.

 

(iv) Directors and shareholders will be personally liable for non-payment or any act which is done to avoid payment of Casino Industry Levy (one off levy)