India: Goan casino taxes total US$175m since 2012

India: Goan casino taxes total US$175m since 2012

Offshore casinos contributed US$108m and land-based casinos US$67.5m.

India.- Pramod Sawant, Goa’s chief minister, has announced that casinos in the city paid US$175m in tax in the last nine years.

According to Sawant, offshore casinos contributed US$108m and land-based casinos US$67.5m.

The state has six offshore casinos located on the Mandovi River and 10 five-star hotels that offer electronic gaming machines.

Currently, gambling is only allowed in two states in India, Goa and Sikkim.

The news comes as Goa considers banning locals from casinos in order to placate opponents of the local gaming industry.

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GAMBLING REGULATION