New Year, New Levies: Casino Entrance Fee Doubled and Betting Taxes Hiked for 2026
By Lanka Tax Club Editorial Team The Inland Revenue Department (IRD) has issued a significant notice regarding the Betting and Gaming industry, announcing immediate changes to levies effective from January 01, 2026. Following the amendments made to the Betting & Gaming Levy Act, No. 40 of 1988 by the Betting and Gaming Levy (Amendment) Act…