According to two gazette notices, President Ranil Wickremesinghe of Sri Lanka has published regulations to normalise gaming under a 2010 law, issuing licences for up to 20 years.
The price of a five-year renewable licence is 500 million rupees.
Additionally, businesses could apply for longer terms in increments of five years up to 20 years with upfront fees.
Licenses would have to ensure that there was no “soliciting for the purpose of prostitution” on the property.
The use of intoxicated or disorderly conduct is also prohibited.
The Casino Business (Regulation) Act was passed in Sri Lanka in 2010, but no regulations were made to implement the law or to cover already-existing casinos. At least two casinos are open and running in Sri Lanka.
