UtterAI Test Widget
16+ CR GTD
MPL Poker
Click here to get the latest issue of our e-Magazine
Pokersaint
Gambling
Manthra Koliyer
Posted on 15 Sep, 2020
By Manthra Koliyer
On 15 Sep, 2020
Share
By Manthra Koliyer
On 15 Sep, 2020
Share

Daman’s Deltin casino no lesser than the ones in Goa and Sikkim


The former Portuguese colony, Daman and Diu is home to India’s first land-based integrated resort and casino outside the state of Goa. Daman is home to Deltin Daman, a property across 10 acres of land. With state-of-the-art facilities, the Deltin casino has a 60,000 square feet of gambling space, more than 30 table games and multiple gaming machines.

According to the Goa, Daman and Diu Public Gambling Act, 1976 casinos can be set up only at five star hotels or offshore vessels with the prior permission of the government. This led the Deltin Group to open their first land based Casino in Daman.

The Deltin group which is also known as Delta Corp Limited is an Indian gaming and hospitality corporation that owns and operates casinos and hotels. It is India’s only listed company engaged in casino (live, electronic and online) gaming. As gambling is a an under-penetrated industry in India, Delta Corp has secured a prime position in the the Indian gaming and entertainment industry. 

Gambling is a state subject in India. Every state government is entitled to impose laws in order to regulate gambling activities in their respective state. Indian law classifies these games into two types: Game of chance or game of skill. Gambling regulations in India are stringent, and only three states have legalized gambling on their territory. Due to the prevalence of Goa, Daman and Diu Public Gambling Act of 1976, Land-based and offshore casinos are active in Goa, Diu & Daman and Sikkim.

The gambling industry in India is growing rapidly that it is expected to reach INR 250 billion by 2024. It is four times more than it generated in 2019 when the figures reached INR 62 billion. Although, the government has still not made gambling legal across the country, the Industry has brought a lot of benefits to the Indian economy, as a whole. Legalizing would prevent illegal games and improvised casinos would bring significant revenue. Gambling is an ancient activity practised by Indians and it is unlikely that it would go out of fashion any day. However, casinos strictly do not admit local players, and it has been mandated for tourists only. 

Fore more updates about casinos in India, keep reading GutshotMagazine.com


1] Under-penetrated industry: Although the overall market size is growing, it’s a ruggedly competitive marketplace for industries that are under-penetrated



Tagged : 

More News

Casinos in Goa and decades of glamorous gambling
Gambling
26 Aug,2020 

Casinos in Goa and decades of glamorous gambling

First Issue Of Gutshot e-Mag Out Now; FREE to Read For All
Poker
13 Jul,2020 

First Issue Of Gutshot e-Mag Out Now; FREE to R...

42 persons arrested near Calangute beach allegedly for Gambling
Gambling
14 Sep,2020 

42 persons arrested near Calangute beach for Ga...


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Dangal

Top 10 Poker Rooms

Utter AI box banner

SUBMIT YOUR ARTICLE


    • Accept .doc, .docx, .pdf, .txt files only. and Max file size 20MB.

    Natural8 TrickOrTreat

    SUBMIT YOUR ARTICLE


      • Accept .doc, .docx, .pdf, .txt files only. and Max file size 20MB.

      Natural8 TrickOrTreat