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Delta Corp stock soars to all time high

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. ...

Indian casino operator posts best-ever quarterly results

Adam Morgan

August 3, 2016

Latest Casino and Gambling News, India, Economy/Finance

The largest gaming and hospitality firm in India, Delta Corp Limited, has released its financial results for the first quarter of 2016 showing a 34.6% increase year-on-year in revenues to $162.3 million. Mum...

Kerala Government discussing possibility of Poker as a game of skill

Renee Kingsley

August 2, 2016

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

The state of Kerala currently considers poker as a game of chance and hence it is illegal based on the Kerala Games Act 1960 which forbids all forms of gambling. However the All-India Gaming Federation (AIGF) i...

Media company allegedly extorted money from India casinos

Kim M

August 2, 2016

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

A first information report (FIR), was registered by Goan police on Saturday against two senior officials of oHeraldo Publication for allegedly attempting to extort money from casino companies, Casino Pride and ...

Goa casino debate heats up

Adam Morgan

July 30, 2016

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

The long-running debate on the future of casinos in the small Indian state of Goa intensified on Thursday as opposition lawmakers exchanged angry words with Chief Minister Laxmikant Parsekar before walking out ...

Deal signed by Delta Corp to operate casino in Sikkim

Kim M

July 27, 2016

Latest Casino and Gambling News, Casino project updates, India, Mergers, Acquisitions & Partnerships

Increasing its gaming footprint, a leave and license agreement has been signed by Delta Corp Ltd (NSE: DELTACORP), the largest gaming company in India, to operate a casino inside the Denzong Regency Hotel in Ga...

Floating Casinos in Goa reject all four proposed relocation sites as they prefer to remain on the Mandovi River

Renee Kingsley

July 27, 2016

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

Goa’s floating casinos have been under constant pressure to relocate from the Mandovi river and were given time till March 31, 2016 to relocate. The floating casinos were unable to find a proper relocation site...

Supreme Court in India gives approval to Lodha Committee recommendation to legalize sports betting

Renee Kingsley

July 26, 2016

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

The Supreme Court (SC) in India had commissioned the Lodha Committee headed by R.M. Lodha, the retired Chief Justice of India to look into the 2013 match-fixing scandals surrounding the Indian Premier League (...

Chief Minister unaware of plan to relocate Goa’s floating casinos

Adam Morgan

July 18, 2016

Latest Casino and Gambling News, India

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The Chief Minister for Goa, Laxmikant Parsekar, has revealed that he is unaware of any specific proposal to relocate the small Indian state’s five floating casinos from their current homes on the Mandovi River ...

Goa government offered special offshore casino zone by private group

Renee Kingsley

July 12, 2016

Latest Casino and Gambling News, India

Goa’s Chief Minister Laxmikant Parsekar and his government have received a lot of criticism from the opposition party and non-governmental organizations (NGOs) in the state for allowing offshore casinos to cont...

Goa’s Chief Minster continues to face pressure to move offshore casinos from the Mandovi River

Renee Kingsley

July 9, 2016

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

The BJP ruling government in the state of Goa continues to be pressured to ban the casino industry in the state and to immediately re-locate all offshore casinos on the Mandovi River. The issue has been discuss...

Kerala government considers the inclusion of poker as a game of skill

Kim M

June 27, 2016

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

The government of Kerala, an Indian state, is considering amending a 40-year old law, which will make the reorganization of bridge and poker as games of skill possible, according to a recent announcement and a ...

Goa Government to name Gaming Commissioner within the next two weeks

Renee Kingsley

June 20, 2016

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

Goa is one of the three states in India that has legalized casino gaming and also holds the record for having the most number of casinos and bringing in the highest gambling revenue in the country. The current ...

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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

Indian casino operator posts best-ever quarterly results

Kerala Government discussing possibility of Poker as a game of skill

Media company allegedly extorted money from India casinos

Goa casino debate heats up

Deal signed by Delta Corp to operate casino in Sikkim

Floating Casinos in Goa reject all four proposed relocation sites as they prefer to remain on the Mandovi River

Supreme Court in India gives approval to Lodha Committee recommendation to legalize sports betting

Chief Minister unaware of plan to relocate Goa’s floating casinos

Goa government offered special offshore casino zone by private group

Goa’s Chief Minster continues to face pressure to move offshore casinos from the Mandovi River

Kerala government considers the inclusion of poker as a game of skill

Goa Government to name Gaming Commissioner within the next two weeks

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