Budget 2015-2016 makes provision for measures to regulate betting and other gambling activities in the country.
Measures announced are:
- Complete ban on gambling advertisement.
- Complete ban on issue of new gaming and betting licenses except for casinos, for a period of five years.
- Complete ban on scratch cards.
- Substantial increase in gaming licence fees and betting taxes.
- Relocation of all gaming houses from city centres to approved designated areas by municipalities and district councils within a period of three years. Government will participate in the cost of relocation.
It is recalled that the number of race meetings has already been reduced from 43 to 35.
The Gambling Regulatory Authority is expected to come up shortly with more details on operational measures to further curb gambling.
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