Goa’s casino industry remains uncertain as Chief Minister Pramod Sawant confirms the appointment of a Gaming Commissioner, yet regulations for offshore and onshore casinos are still pending. A recent report indicates that rules required under the Public Gambling Act are still awaiting final review by the law department. Operators and stakeholders continue to lack the … Read more
The Ministry of Electronics and IT (MeitY) published draft rules for domestic online casinos and e-sport gambling sites on January 2nd, 2023, in an effort to pass legislation to protect players and Indian residents. The new set of rules comes just days after the federal government named MeitY India’s governing body for online gaming industries. … Read more
Jaydev Mody, the chairman of Delta Corp Ltd, has announced plans to take the company public by the end of the year. On Business Today TV, Jaydev told Udayan Mukherjee that he thinks he can finish the entire IPO process by the end of the year and that they have been in touch with various merchant … Read more
The Group of Ministers (GoM) that was set up in May to audit the Goods and Services Tax (GST) for online gaming, gambling, and horse racing has agreed that online gaming would not be taxed like a gambling entity. The GoM has also agreed to consult industry and legal experts before they submit a final … Read more
While Indian online casinos and sportsbooks are already available through licensed offshore gambling sites, the federal government is considering legalizing and licensing domestic casinos and other online gambling sites soon. A new seven-member panel consisting of state ministers has been assigned to guide the gambling industry. The team will be responsible for developing regulatory practices to protect … Read more
With some of the biggest horse racing events just around the corner, let’s discuss the best ways to bet on horse racing online and how you can assure the site where you gamble is reputable and trustworthy. Online horse race betting consists of gambling on horse racing events from around the world. To wager on these … Read more
Recently India made headlines worldwide when the Central Bank of India announced that they were working on establishing a digital Rupee that will rival established cryptocurrencies for contactless transactions. The announcement came from Finance Minister Nirmala Sitharaman while presenting the union budget for 2022. Sitharamam stated that the digital currency will lead to more efficient … Read more
The State of Goa has recently issued strict COVID guidelines for entering the state. The new procedures only allow fully vaccinated people with negative COVID tests within the last 72 hours of entry into the state. In recent weeks Covid cases have been up ticking in Goa, and state officials are worried that public gatherings … Read more
Since reopening post-Covid19, casinos and other gambling facilities have only operated at 50% capacity. Operating at 50% has recently caused the Delta Corp casino operators to ask for a reduction in licensing fees since for part of the year, they were forced to close, and for the last few months, they could only operate at half capacity. … Read more
Goa has extended its COVID restrictions until September 13th, 2021, due to the recent rise in new COVID cases across India. The COVID restrictions initially went into effect on May 9th, 2021, and have been extended several times since they were first enforced. Unfortunately, the restrictions mandate that all casinos and other public entertainment facilities … Read more