India | World Casino News

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

November 13, 2016

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

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...

February soft launch for Nepal’s Tiger Palace Resort

Adam Morgan

October 24, 2016

Latest Casino and Gambling News, Casino project updates, India, Nepal

2

After July saw it launch an initial public offering that raised approximately $18.8 million to help fund future projects, Asian casino operator Silver Heritage Group has now announced that its under-constructio...

Kerala government to launch investigation into single-digit lottery malpractices

Renee Kingsley

October 24, 2016

Latest Casino and Gambling News, India, Lottery, Unlicensed Operation

The state of Kerala in India is one of the few states in the country to run a legalized lottery which is very popular with the locals as the Kerala State Lottery holds a daily draw. There have been concerns tha...

Gujarat High Court wants state government to make a decision on whether poker is a game of skill or chance

Renee Kingsley

October 23, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, India, Poker, Fines, Lawsuits & Litigation

The game of poker continues to grow rapidly in India and most states in the country will soon have to make a decision that the state of Gujarat has now been forced to make when it comes to determining whether p...

36 arrested, 11 luxury vehicles seized in South Delhi illegal casino raid

Lars Jones

October 23, 2016

Latest Casino and Gambling News, India, Unlicensed Operation

Thirty-six people were arrested at an illegal casino in the Sainik Farms area of South Delhi, India on Sunday. Police were acting on a tip when they raided the illegal casino and found over twenty people playin...

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 entrepreneur wants to develop island casino resort in state of Andhra Pradesh

Renee Kingsley

October 10, 2016

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

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Casinos in India are currently legalized only in Sikkim, Goa and Daman but in recent times a number of other states such as Karnataka, Kerala and Maharashtra have all expressed interest in discussing the legali...

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...

Singapore registers a 55 percent increase in tourism from Mainland China during first half of 2016

Renee Kingsley

September 2, 2016

Latest Casino and Gambling News, China, India, Singapore

The tourism industry in Singapore has shown signs of a recovery during the first half of 2016, thanks to an influx of visitors from Mainland China. The Singapore Tourism Board (STB) recently released data which...

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

Renee Kingsley

September 2, 2016

Latest Casino and Gambling News, India, Online Poker, 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

Kim M

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...

Goa substantially increases casino licensing fees

Adam Morgan

August 16, 2016

Latest Casino and Gambling News, India, Taxation

In India, the government for the small state of Goa has passed legislation that considerably increases the license fees for land-based casinos while introducing two new offshore casino licensing categories. ...

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

Indian casino operator reports sharp rise in quarterly profit

Legal petition filed against Goa offshore casino license renewal

February soft launch for Nepal’s Tiger Palace Resort

Kerala government to launch investigation into single-digit lottery malpractices

Gujarat High Court wants state government to make a decision on whether poker is a game of skill or chance

36 arrested, 11 luxury vehicles seized in South Delhi illegal casino raid

Essel Group planning to launch new Casino Maharaja in Goa

Indian entrepreneur wants to develop island casino resort in state of Andhra Pradesh

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

Singapore registers a 55 percent increase in tourism from Mainland China during first half of 2016

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

Delta Corp stock soars to all time high

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

Goa substantially increases casino licensing fees

ESPN Bet Expands into Washington D.C., Marking Another Milestone in Nationwide Rollout

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Gambling Commission Issues Warning on Licensed Games Found on Illegal Sites