Will elections sink Goa’s casinos?

Goa’s casinos are awaiting the results of elections that may be key to their future, as well as to broader efforts to push for further legalization of gambling across India. Goa and Sikkim are the only two states in the country where gambling is legal. It is also permitted in the coastal regions of Diu and Daman, but they are considered Union Territories, under the rule of the central government, as per India’s federal system.   Goa held state elections on February 4 and the results are scheduled to be announced on March 11. Whoever ultimately wins, the heat is likely to be on the casinos, which make a major contribution to the local economy, with revenue reportedly of about $300 million. Goa has five casinos located on boats in the Mandovi River, with Deltin’s Deltin Royale being the largest, as well as onshore properties that are only permitted to offer...

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