Goa’s offshore casinos ordered off city limits
“The gaming commission will regulate gambling and will finalise a payout ratio, which will be implemented,” Kamat said. A payout ratio is used to determine how much money a game of chance gives to the players when compared to the money earned by the casino operators. Off shore casinos, which have been operational in Goa for nearly a decade, had virtually no governing authority.
The six ‘offshore’ casinos which had been permanently docked along the Mandovi river had also been ordered off city limits within 15 days, the chief minister said. “They have to operate from outside city limits. They are offshore casinos. They have to operate from anywhere one nautical mile off the shore,” Kamat said.
“They can dock temporarily for a few hours for repairs or if they have to do some loading. But they cannot park permanently, the way they have been doing,” Kamat said.
“The cabinet feels, that if there are even one or two more casinos the government would earn more to spend on social causes. No one should mind,” Kamat said.
New York: Citi Field casino bid gains momentum as senator warns against Manhattan projects
Affinity Interactive wraps up enhancements at Las Vegas' Silver Sevens Hotel & Casino
Kansas: Former Wichita Greyhound Park to reopen as Gilley’s with gaming and hospitality plans
Slotegrator obtains Anjouan B2B license for iGaming operations
DraftKings could buy back $18 billion in stock over decade, Morningstar analyst says
Pragmatic Play partners with ApuestasX to expand reach in Latin America
Latin America in focus: Why SBC Summit 2025 will be a game-changer for the region
Five startups to compete for €90,000 prize at SBC’s First Pitch competition
Former Liverpool and Leeds star Dominic Matteo to join Safe Bet Show at SBC Summit 2025
