Goa’s floating operators battle hostile tide

    Published in: Latest IntelligenceFor Delta Corp., India’s most ambitious casino operator, the calculation was simple. Changing out a bigger casino boat for a smaller one in Goa’s Mandovi River would mean more business and more revenue. Instead it has just gotten a lot more trouble. The arrival of the M.V. Horseshoe, three times larger than its predecessor, has catalysed anti-gambling forces in Goa, which for 20 years has been the center of India’s casino industry. That position could be in doubt. A month after mooring in Mandovi, the Horseshoe, previously operated by Caesars Entertainment Corp. in the U.S. Great Lakes, has yet to get permission to open its 40,000 square-foot casino. The state government of Manohar Parrikar, chief minister, has firmed up pledges against issuing more casino licenses or renewing existing ones while gambling foes push for accelerated closures. Last Friday, 29 of the 30 elected corporators, or city council members, in...

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