Tagged goa

Opposition vows not to renew Goa floating casinos’ liquor licenses if elected

February 21, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, India, Licenses

The opposition Indian National Congress political party has reportedly declared that it will not renew the liquor licenses of the six offshore casinos in Goa if it ends up winning an outright majority in the sm...

New liquor rules in Goa will not affect offshore casinos

K Morrison

February 20, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, India

The Supreme Court’s latest rules that ban liquor sales within 500 meters of national and state highways, will not affect Goa’s offshore casinos. Casinos on the Mandovi River, which is the lifeline of the Ind...

Goa political parties come out against casinos ahead of Saturday elections

Adam Morgan

January 30, 2017

Latest Casino and Gambling News, Casino News, India

With voters in Goa set to head to the polls on Saturday, the issue of whether to maintain casino gambling is reportedly set to play a major role in determining the makeup of the Indian state’s next government. ...

Delta Corporation Limited receives Sikkim casino license

Adam Morgan

January 17, 2017

Latest Casino and Gambling News, Casino openings, India, Licenses

After months of delays, Indian casino operator Delta Corporation Limited has finally received a provisional license to operate a casino in the small north-eastern state of Sikkim and now intends to open its Cas...

Goa ordered to make final decision on sixth offshore casino

Adam Morgan

January 12, 2017

Latest Casino and Gambling News, Casino proposals, India, Licenses, Fines, Lawsuits & Litigation

In India, the government for the small state of Goa has reportedly been ordered by the Mumbai High Court to make a final decision on a license for a sixth offshore casino within the next four weeks. Accordin...

Goa casinos warned against laundering money for political parties

Adam Morgan

January 7, 2017

Latest Casino and Gambling News, India, Money Laundering

In India, the chief elections official for Goa has reportedly warned casinos in the small state against laundering money for political parties while declaring that his office intends to keep a close watch on pr...

Casino laws to be redrafted by Goa’s state home department in Macau fashion

Sadonna Price

December 21, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, India

The casino laws of Goa are going to be revamped by the state home department and be recreated based on laws found in Macau. Local media are reporting that the draft gaming rules file has been recalled and the r...

Casino Operations in Goa slow down due to PM Modi’s black money crackdown

Renee Kingsley

November 13, 2016

Latest Casino and Gambling News, India, Money Laundering, Economy/Finance

Narendra Modi, the Prime Minister of India, caught the nation off-guard when he announced on November 9 that 500 and 1000 rupee notes would be demonetized from November 10 and the Reserve Bank of India (RBI) wo...

Indian casino operator reports sharp rise in quarterly profit

Adam Morgan

October 29, 2016

Latest Casino and Gambling News, India, Economy/Finance

India’s sole listed gambling operator, Delta Corporation Limited, has released its third-quarter financial results showing that its consolidated income from gaming operations rose by 45.8% year-on-year to reach...

Legal petition filed against Goa offshore casino license renewal

Adam Morgan

October 28, 2016

Latest Casino and Gambling News, India, Licenses, Fines, Lawsuits & Litigation

In India, activist lawyer Aires Rodrigues has reportedly filed a petition seeking to reverse a government decision to grant an offshore casino license renewal to Mumbai-based firm Golden Globe Hotels Private Li...

Essel Group planning to launch new Casino Maharaja in Goa

Adam Morgan

October 15, 2016

Latest Casino and Gambling News, Casino openings, India

Citing unspecified “inside sources”, Asia Gaming Brief has reported that Indian conglomerate Essel Group is planning to finally open a new offshore casino in Goa christened as the Casino Maharaja. Mumbai-bas...

Indian National Congress wants Goa government to ban ads that promote the casino industry

Renee Kingsley

September 15, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, India

The state of Goa in India makes a significant amount of its revenue from its vibrant tourism industry and one of the biggest tourist attractions in the state is the onshore and offshore casino industry. Only th...

Delta Corp to acquire India’s biggest online poker website – Adda52.com

Renee Kingsley

September 2, 2016

Latest Casino and Gambling News, Online Poker, India, Mergers, Acquisitions & Partnerships

Delta Corp Ltd is the biggest hospitality and gaming enterprise in India, operating some of Goa’s most popular onshore and offshore casinos. The company recently filed papers with the National Stock Exchange of...

Delta Corp stock soars to all time high

K Morrison

August 31, 2016

Latest Casino and Gambling News, India, Economy/Finance

As it continues its upward rise, Delta Corp Ltd. (NSE: DELTACORP), the largest gaming and hospitality firm in India, stock was up 7 percent on Monday, hitting a record high of Rs 155, according to Business Stan...

Karnataka lawmakers want state government to approve offshore casinos to boost tourism

Renee Kingsley

August 20, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, India

The state lottery and all forms of gambling are banned in the state of Karnataka, India. However when the state hosted the Invest Karnataka 2016 conference, talks surfaced about the possibility of introducing o...