Goa casinos await “transformational” policy changes

Goa’s offshore casinos, which currently float in the Mandovi River, are waiting for the government to finalize legislation that will force them to shift onshore, which may prove a game changer for the industry in India. The government has said it wants all six of the casino boats to move to an area zoned for entertainment within the next four years. Details of the policy are not yet available, though the area is expected to be near the new international airport in Mopa. Goa and Sikkim are the only two states in India that allow casino gambling. The Union Territory of Daman in theory also permits casinos, though a license application from India’s biggest operator, Delta Corp, has been pending for several years. Moving to onshore locations will allow investment into a more sophisticated product offering, more similar to the IRs seen elsewhere in Asia and that may help to satisfy pent...

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