Regulatory news. Week №17

🏝 Timor-Leste, an island nation in Southeast Asia, has launched its own offshore gambling license. The first recipient is Golden River Universe (GRU), a subsidiary of online lottery operator Grand Dragon Lotaria (GD Lotto).

🇱🇰 Sri Lanka is preparing a draft law to establish an independent gambling regulator. The authorities plan to legalize the betting market first.

🇨🇱 Chilean authorities will not block access to offshore gambling websites.

🇺🇸 Lawmakers in North Carolina have proposed to increase the tax rate on sportsbooks from 18% to 36%.