The gaming industry of Sri Lanka includes casinos, betting centers, and lotteries. The casino industry emerged in 1977 following the open economy policy. The government has reluctantly acknowledged casinos as part of economic development, but public perceptions of the industry's integrity remains low due to the lack of proper regulation. The betting and lottery industries have operated for longer with varying degrees of oversight, with the lottery industry being exclusively state-operated. The report provides a SWOT analysis of the industry, highlighting strengths such as the legal status for inland casinos and a reliable patron base. However, the growth of the industry is stunted by lack of regulatory oversight and the limited focus so far on the integrated resort model.
Here is the link to the full report: