Category: Gambling
Gambling09 Nov, 2020 Goa casinos to get a waiver of INR 227 crore
UPDATE (10 NOV): Ports Minister Michael Lobo clarified that the waiver of INR 227 crore for casino operators is still pending and has not been approved by the Cabinet. Eager to get back to business after a long break, Goa’s casinos are preparing to open their doors to the public as soon...
Gambling09 Nov, 2020 Crazy slot machine slangs from around the world!
When thinking of casinos, it’s easy to picture slot machines immediately, as they have become one of the main attractions overtime. Luring so many to try their luck at winning some cash or even better – hitting the jackpot. Famous all over the world, slot machines have become some...
Gambling06 Nov, 2020 How a gambler duped Mumbai consultant for 71 Lakh!
This is an unusual story. Probably a story where one person gambles and the other pays for it! Simply put, an assistant branch manager with an insurance company from Delhi duped a consultant working in a private firm from Mumbai for a few lakhs. The accused manager Sourabh Gandhi had du...
Gambling06 Nov, 2020 Why casinos are good for the Indian economy
Except in a few Indian states, gambling is often met with a lot of negative scrutiny as a number of social organizations call it a social evil. Which is why casinos in India are a rare sight except in the states of Goa, Daman, and Sikkim where they are legal. But even though this is [&h...
Gambling05 Nov, 2020 Govt announces new fee structure for Goa’s casinos
The green signal given to Goa’s casinos from 1 November was met with excitement for many who were waiting for them to restart. The decision was made by the state government to revive the state’s economy, a large part of which comes from these casinos. However, many casino operators were...
Gambling04 Nov, 2020 Online gambling leads to the death of two in Tamil Nadu
Gambling has had a long history in India, and while being exciting and fun, the thrills of gambling can often be addicting, which can sadly lead to many unfortunate consequences. The availability of the internet in the country, could have been one of the reasons why people resort to onl...
Gambling03 Nov, 2020 Urgent Hearing on Online Gambling: Madras HC’s Madurai Bench
Discussions on the topic of gambling can be polarizing, with some completely against it calling it a social evil while those who are for it claims that it would be a boon for the economy. The Public Gambling Act of 1867 prohibits running or overseeing a public gambling house; however, i...
Gambling02 Nov, 2020 No SOPs for Goa’s Casino Industry as Restart Date Passes
Casinos have always played an important role in Goa’s tourism, drawing huge crowds of tourists to its flashy and thrilling atmosphere. However, the casino industry took a major hit this year due to the pandemic, forcing them to shut down all operations, deeply affecting the state’s econ...
Gambling31 Oct, 2020 Goa Casinos to stay shut until Mandovi Issue is resolved: Youth Congress
The Goa Youth Congress have demanded that both offshore and onshore casinos remain shut until the government finds a ‘sustainable solution’ to the ongoing Mandovi inter-state water dispute between Karnataka and Goa. The demand to stop the reopening of Goa’s casino comes two day after Ch...
Gambling29 Oct, 2020 Betting Apps and Sites to be Banned: AP CM Jaganmohan Reddy
Many online gaming and betting sites might be banned in the state of Andhra Pradesh. The Chief Minister of the state, Y.S Jaganmohan Reddy has written a letter to Ravi Shankar Prasad, the Union Minister for Communications, Electronics, Information Technology and Law & Justice, reque...
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