Rakesh Jhunjhunwala Predicts India Will Legalize Gambling Nationwide?

RAKESH JHUNJHUNWALA

Rakesh Jhunjhunwala is a billionaire stock market investor who is recently making headlines for his bold predictions. Rakesh told a crowd of people at the TiECON Summit in Mumbai that he believes that India will legalize casinos and gambling will soon be legal across all of India. Giving the current gambling situation in India this … Read more

Goa Casino Strip To Come To Coastline But Only For Tourists

Goa Panaji Coastline

Several official announcements have been made in regard to India’s coastal state of Goa and its changing casino industry. Goa offers land-based and floating casinos which service all those within the Goa region. However, according to the state’s Agricultural Minister Vijai Sardesai floating casinos in Goa could be moved onshore once and for all. In … Read more

The Future of Goa’s Casino Market

Goa floating casinos

Analysts from Union Gaming have predicted Goa’s casino market to reach the $1 billion mark in a few years’ time. Goa currently offers floating casinos and land-based casino venues to patrons. However, during 2018 Goa imposed higher casino licensing fees and taxes which came as a surprise to many of Goa’s operators, some of which … Read more

Illegal Gambling Racket In India Points Towards Reform

poker chips on table

Uncovering illegal gambling schemes is common, especially in places where regulations are obscure or not present at all. However, illegal gambling schemes that lead to legislative overhaul are not so common, though that is the case with the Indian state Maharashtra. Indian news outlet, The Hindu, reported that the local Maharashtra government is planning to … Read more