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Sri Lanka Govt Records 43% Increase in Betting and Gaming Levy in Q1 2023
Sri Lanka government recorded a 43% increase in the betting and gaming levy during the first quarter of the year, annually, even as tax collections by the Inland Revenue Department rose a record 216%, to RS316.62 billion ($1.12 billion).
In total, the country brought in some RS1.27 billion ($3.96 million) in gaming taxes during the period.
The nation’s Ministry of Finance notified at the end of last year that it had been tasked to submit an action plan to set up a casino regulatory authority, aimed at ensuring casino operators pay their fair share of tax.
The country has also agreed to issue new casino licenses.
The new casino regulatory body would go in line with a 2010 law that provides “the necessary legal provisions for the casino business [but] is not sufficient for regulatory activities including revenue recovery”.
No timeline has yet been given on the submission of the action plan for creating the watchdog.
Sri Lanka has dozens of operating casinos, the most opulent of which are placed in the capital of Colombo.
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BetBlocker Surpasses a Quarter of a Million Active Users in 2025
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This year has seen an explosion in uptake of the service, with strong uptake globally, with Brazil, the UK, the US, Romania, Canada, Kenya and South Africa showing the highest levels of engagement.
BetBlocker’s Founder and Managing Trustee, Duncan Garvie had this to say:
“We invested a lot in 2024 improving our data, to allow us to communicate accurately the performance of our project to our supporters, and to build confidence via transparency. That’s meant ensuring that our data is exactly what we say it is and a focus on making our data easy to understand. We don’t talk about downloads. The number would be higher, but far less meaningful. When we talk about “active users” it means “users with an active BetBlocker restriction in 2025.”
I’ve been blown away by the rate of growth that BetBlocker has seen this year. We would never have imagined that this type of growth was possible at the start of the year, but the rapid and sustained upward trend strongly evidences that there is a huge need for free and anonymous support for gambling harm.
That uptake is distributed so broadly across the globe also demonstrates how universal the need for support managing access to online gambling services is in the digital age.”
The post BetBlocker Surpasses a Quarter of a Million Active Users in 2025 appeared first on European Gaming Industry News.
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Spinomenal unveils Mega Zeus Hold & Hit 3×3
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Leading iGaming content provider Spinomenal has expanded its successful Mythology series with the launch of Mega Zeus Hold & Hit 3×3.
Set among the golden columns of Mount Olympus, Mega Zeus transports players to the realm of the mighty god of thunder. With Zeus himself sitting high above the reels, every spin ripples with energy and anticipation, carrying the potential for electrifying wins.
The temple of the gods acts as the Wild symbol and substitutes for all symbols except the Bonus and Bonus Collect. Mega Zeus Hold & Hit 3×3 has two Special Bonus symbols, the Bonus only lands on reels one and three, while the Bonus Collect lands just on reel two.
Players landing the Bonus Collect along with one or more Bonus symbols, will trigger the Bonus game. The triggering symbols remain locked during the move to the Bonus Game, which starts with three spins. During the feature, only Bonus symbols and Bonus Collect symbols can appear. Each spin has the chance to award multipliers ranging from x1, x2, x5, x7, x10, and x15, as well as any of the in-game jackpots.
Each time a Bonus symbol lands, it is collected by all Bonus Collect symbols, disappearing from the reels while its value tops up the Bonus Collect symbol’s total. Each Bonus Symbol or Bonus Collect symbol refills the spin counter to three. The round ends after three winless spins occur or when the total collected winnings reach the maximum x5000 multiplier.
Grand, Major, Minor and Mini in game Jackpot symbols can appear during the game and will trigger the corresponding Jackpot.
The Bonus Blast Feature may also activate randomly, adding extra Bonus and Bonus Collect symbols to the reels to help trigger the Bonus Game.
A Bonus Collect symbol with one or more Bonus symbols, including Jackpot symbols, but not launching the Bonus Game will collect the values and add to the total win.
Spinomenal CO-CEO, Omer Henya commented: “Mega Zeus is an almighty experience that unites electrifying features, a mythological atmosphere, and stunning visuals. It perfectly showcases our studio’s creative power and ability to deliver truly godlike entertainment.”
The post Spinomenal unveils Mega Zeus Hold & Hit 3×3 appeared first on European Gaming Industry News.
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PAGCOR ALLOTS PHP32.85M RELIEF GOODS FOR TYPHOON VICTIMS
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The post PAGCOR ALLOTS PHP32.85M RELIEF GOODS FOR TYPHOON VICTIMS appeared first on European Gaming Industry News.
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