16+ CR GTD
Header banner - Poker High
Pokersaint - Lead
why indian casinos are good for the economy Gambling

Why casinos are good for the Indian economy

by Donna Amo Posted on 06 Nov, 2020

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 the case, it is hard to deny that casinos could be a significant contributor to the Indian economy if given the chance.

Casinos are potent hubs for gambling activities with their wide array of card games like poker, rummy, roulette etc. The atmosphere in many of these casinos exude glamour and excitement, drawing in huge crowds of tourists every year, boosting the state’s economy like Goa, which collected INR 441 crore in revenue in 2019 alone. This gives us a good picture of the potential income casinos can bring in for the economy.

How do casinos make money - Blackjack

With the popularity of casinos rising, the industry is always looking to hire individuals with excellent communication skills and good work ethic to run it’s operations smoothly. They are responsible for creating hundreds of jobs by employing management staff, waiters, technicians, security staffs etc. Hence, they are looked at as a source for employment.

But it doesn’t stop there, online casinos are becoming increasingly popular in India, this growth has also been further accelerated due to the Covid-19 lockdown. Many Indians are now turning to these online casinos to get their gambling fix, making India one of the most sought-after online markets for the industry. By regulating this, the government of India will be able to reap the benefits from these online casinos in the form of tax revenue. But it is only through careful regulation and management that the full economic potential of casinos be harvested.

For more interesting content on your favorite gambling topics, keep reading GutshotMagazine.com 

Pokersaint Hand of midas

 
 

Restore Page

 

Tagged : 

More News

How casinos make money - Slot Machines
Gambling
22 Oct,2020 

How casinos make money – Slot Machines

Casinos integral to Goa tourism Sanjay Dutt
Poker
13 May,2019 

Casinos integral to Goa tourism: Sanjay Dutt

Second edition of Gutshot e-mag Out Now; FREE for all
Poker
17 Oct,2020 

October Edition of Gutshot E-Magazine Out Now; ...


Comments

Your email address will not be published.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

Dangal box

Top 10 Poker Rooms

  • Pocket52
    Pocket52

    Up to 300% bonus for first-time depositors
    Offer: "GUTSHOT52" - 10% Instant + 190% Locked + Free Ticket worth Rs.110 Register

  • 9stacks
    9stacks

    Instant withdrawal; 100% locked bonus on first deposit
    Offer: "9GUTSHOT Register

  • PokerSaint
    PokerSaint

    60-seconds withdrawal; 100% locked bonus on first deposit
    Offer: "GUT100" Register

  • Poker Dangal
    Poker Dangal

    INR 500 Free on sign-up; (425 Locked, 75 Instant)
    Offer: 150% on first deposit up to INR 5,000 Register

  • Spartan Poker
    Spartan Poker

    Sign-up with "GUTSHOT"
    Offer: "GUT300X" to get 300% on your deposit Register

  • Poker Tempo
    Poker Tempo

    Free Rs.700 on Signup - 600 Ticket for 5 Tourneys of 20K GTD each, 50 Instant, 50 Locked
    Offer: "WELCOME150" - First deposit bonus of 150% Register

  • Calling Station
    Calling Station

    Instant withdrawal; Use “RELOAD20” on deposits for 20% locked bonus
    Offer: "GUTSHT" Register

  • Natural8
    Natural8

    Sign-up code "GUTSHOT"
    Offer: 200% bonus up to $1,000 or $100 in instant rewards Register

  • BLITZPOKER
    BLITZPOKER

    Sign-up with "GSBLZ"
    Offer: Make your 1st Deposit of INR 200 & GET 1000 in return! Register

  • PokerStars India
    PokerStars India

    Deposit Rs.500 and get First Deposit Bonus of Rs.2,500 + 5 tickets to Depositor Freerolls
    Offer: "IMIN2500" Register

Pokersaint box banner

Want to share your thoughts about poker?

Then click the button to submit your article.

Facebook + Follow

Instagram + Follow

Pocket52 30%

Pocket52 30%