Srilanka, Feb. 25 -- The Cabinet of Ministers has granted approval to establish a Gambling Regulation Authority as an independent establishment with a broad and complete subject arena to standardise gambling institutions, minimise social damage, promotion of tourism sector and ensure economic growth.

Cabinet spokesman Nalinda Jayatissa said the Legal Draftsman had informed that the concurrence of the current Cabinet of Ministers is sought to continue the process of drafting bills.

Therefore, the Cabinet of Ministers granted approval to the resolution furnished by the President in his capacity as the Minister of Finance, Plan Implementation and Economic Development to grant the policy approval of the Cabinet for formulating the draft ...