Casino Policy paper road-map would shift inland offshore casinos
Goa Chief Minister Manohar Parrikar made a statement from the floor of the legislative assembly last Friday, announcing that the offshore casinos in the state will be shifted to a designated gaming zone within a period of four years. He also announced that licenses will be granted for periods of 10-15 years and that only tourists would be allowed to visit the casinos.
Chief Minister Parrikar added that a Gaming Commissioner would be appointed to regulate and oversee casino activities in the state and that this would be included in a formal Casino Policy paper announcing the road-map for moving offshore casinos. The regulatory framework for the gaming industry should be prepared by the end of this month.
The Goa CM has made a commitment before the legislative assembly for the long-awaited reform, which is expected to be fulfilled through necessary changes in the rules and notifications by the end of August 2018. Moving the state’s floating casinos to an onshore location is expected to be a gamechanger for operators, creating scope for the construction of IRs in Goa province.
Although Goa State is one of the smallest in India, it is one of the better known because of its holiday facilities and, lately, because of floating casinos installed on the Mandovi river. Goa is visited by large numbers of international and domestic tourists each year for its white sandy beaches, nightlife, places of worship and world heritage architecture.
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