Mohandas Pai advocates Singapore casino model for Goa

Posted On 24 Dec, 2018 0

India’s IT industry veteran T.V. Mohandas Pai answered some industry questions in an interview conducted by Navhind Times when he was in Goa for a short visit recently. The questions which were related to the Indian IT industry and its connection to Goa received frank and straight answers from the expert.

One of the follow up questions asked to Pai was the challenges currently facing Goa. Pai, seeming to have studied the scenario thoroughly, answered, “Yes. Every state has challenges. Today the problem in Indian states is, we are solving lot yesterday’s problems but not investing for the future. We have to solve yesterday’s problems and also invest for the future. And over a period of time investment for the future should be more. I am sure things can be managed in Goa but the government needs to talk to residents and communicate with them. It needs to tell them what kind of Goa can be created.”

Giving the example of Singapore’s casinos and talking about Goa, he further added, “Another thing is Goans must come together. Right now there is lot of confusion too many people talking of too many things. The opposition is to good development. Some are opposing the IT Park. But the IT Park will create jobs for young people. You can’t remain cut-off from rest of the country. People are opposing beach resorts, casinos. But look what Singapore has done with casinos. For locals the Singapore government is imposed a high entry fee. So if you don’t want Goans in your casino have a high entry fee but allow outsiders to visit. The government needs money for infrastructure.”

Singapore currently levies around $75 per day or $1,500 per year as entry fee for its casinos on locals who wish to play in casinos, thereby curbing the problem of addiction gambling in its turf. Pai, above, has suggested a similar model in Goa to counter social impact on locals.

Goa has a stable casino model for now and Goa’s Chief Minister Manohar Parrikar has earlier stated to shift offshore casinos from Mandovi river to a special entertainment zone on land. Governments taking steps like these to regulate the industry is always a welcome move.

The worldwide casino industry is on an upward growth trajectory and is estimated to grow by leaps and bounds and Goa, being the poker capital of India, is at the crest of this wave. Keep reading for similar news and general poker news from around the world.

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