Tag Archives: Goa
Goa – Goa’s Agriculture Minister makes push for casino strip
Goa’s Agriculture Minister Vijai Sardesai wants to create a casino strip in Goa similar to Hong Kong harbour. Mr. Sardesai said: “The casinos housed in ships should be removed because it causes pollution and the harbour should be developed on both sides like the Hong Kong harbour. There should be a tourism circuit. This has…
India – Goa’s move onshore could create US$1bn industry
The confirmation that Goa’s offshore casino industry will be given four years to relocate to land-based facilities should kick-start a ‘transformational’ period in the sector. The Goan government has long wanted to relocate its casino industry from the Mandovi River to designated land-based zones but hasn’t so far confirmed where they could be. Union Gaming…
India- Delta looking ship shape as revenues grow by 64 per cent
Goa casino operator Delta Corp saw a revenue surge of 64 per cent in the first three months of 2018 with revenues reaching US$33.4m due to strong results from its riverboat casinos. The company, which is hoping new laws will allow it to move its riverboat casinos onto land, reported a GGR increase of 73…
Goa – Goa Government drafting policy for airport casino zone
The government in Goa is piecing together a draft policy, which could see Goa’s casino industry relocate to an entertainment zone near a future airport. Public Works Development Sudin Dhavalikar said to the Goa Legislative Assembly: “On casinos, we have made a policy, where land has been given for an entertainment zone near the airport….
India – Moving Goa’s casinos onto land would make it a US$1bn market
Goa could be Asia’s next boom market with analysts Union Gaming saying its gaming revenues could quickly surge to US$1bn if new legislation moves it from riverboat-based to land-based over the next few years. Macau’s GGR was 33 times this last year whilst Las Vegas came in at $26.2bn. The government is currently discussing whether…
Goa – Delta Corp to host World Gaming Festival
Indian casino operator Delta Corp is to host the Deltin World Gaming Festival, a five-day extravaganza offering “world-class” entertainment, international cuisine and gaming at the end of November. Anil Malani, President of Delta Corp, said: “It gives me immense pleasure to launch The Deltin World Gaming Festival. Our endeavour always has been to bring in…
India – Goa could yet force offshore casinos on land
Goa’s five offshore casinos could yet end up on land following a twist that has seen Agriculture Minister Vijai Sardesai push to relocate casinos in the Mandovi river. The suggestion follows claims that the casinos are polluting the river and blocking the movement of other vessels. Goa currently has ten onshore casinos. The state governments…
India – Congress promises to shut down Goan casino sector
The Congress, a political party in Goa, has vowed to ban and remove all floating casinos permanently from its rivers, putting between 5,000 and 10,000 people out of work. Congress Chief Luizinho Faleiro said: “We will ban both off-shore and on-shore casinos. In the first phase, off-shore casinos will be removed. Those on the shore…
India – Stay of execution granted to Goa’s offshore casinos
Goa’s offshore casinos will be able to operate from their current location on the Mandovi river near Panaji for another year with the blessing of Goa Chief Minister Laxmikant Parsekar. The licences for the offshore casinos had been due to run out on March 31 but an extension has been granted following a petition presented…
