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. Industry experts say the move will allow the casinos to develop IRs for the first time, widening the appeal of gaming and raising the quality of the product offering.
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. While previous administrations have threatened to close down the operations whilst in opposition, they have failed to follow through once in power. This time around there is another threat. An upstart political party that dominated elections in the capital area of New Delhi is expected to make a strong showing and threatens the future of the casinos.