Tag: Casino
Casino31 Jan, 2019 Tourism Minister says no new casinos in Goa
This month, the Goan authorities had issued a draft tourism policy in an effort to completely revamp their present tourism sector. The policy was drafted by Goa Tourism Development Corporation (GTDC). The policy includes a slew of measures to boost the leisure and entertainment industry...
Casino24 Jan, 2019 Pansy Ho tightens grip on SJM; allies with Henry Fok Foundation
On Thursday, shares of one of Macau’s largest casino operators, SJM Holdings, jumped big time. The uptick was a result of an announcement made by billionaire businesswoman Pansy Ho (pictured below) and the Henry Fok Foundation. The above-mentioned parties have both entered in an allianc...
Casino23 Jan, 2019 Macau allows Melco to add 40 new mass gaming tables
Macau’s gambling operator Melco Resorts and Entertainment Ltd was granted permission by the authorities to add a total of 40 new-to-market mass gaming live-dealer tables at the start of the year. The concerned authority dealing with this, Macau’s Gaming Inspection Coordination Bureau (D...
Casino22 Jan, 2019 Meghalaya contemplating running casinos in the state
Over the decades, India has always been very much against gambling, sports betting, poker and others that would come under the general ‘gaming’ bracket. However, every once in a way, we get some good news of liberalization in this industry, and here’s another one we...
Casino08 Jan, 2019 Goa’s draft policy includes relocating casinos to land
Goa can easily be termed as the gambling capital of India. Thousands of tourists flock to the state each year from within India as well as from far-away places like Europe, due to the flexibility of the norms associated with gambling and casinos. In recent years though, the casino secto...
Casino24 Dec, 2018 Mohandas Pai Advocates Singapore Casino Model For Goa
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 answe...
Casino20 Dec, 2018 Nepal bans high denomination Indian currency notes
The Nepalese government has issued a notification in its Gazette stating disallowance of carrying Indian currency notes above denominations of 100. The decision means that Indian notes of 200, 500, 2000 will now officially mean just paper, stripped of its fiat. This decision comes after...
Casino19 Dec, 2018 Macau workers banned from local casinos
Macau is a hotspot for gambling fanatics around the world and has gradually gained the position of the gambling capital of the world, even overtaking Las Vegas. The major factor in Macau’s Gross Domestic Product (GDP) is the revenue coming from gambling and tourism industries. As report...
Casino08 Dec, 2018 Nepal to seize fugitive casino operators’ properties
In a recent development, Nepal has decided to bring new legislative measures that will attach properties of casino operators who don’t pay up royalties and taxes. The draft is called the Casino Bill and will be part of a new Federal Tourism Bill. According to the Kathmandu Post, the new...
Casino02 Dec, 2018 Vietnam to allow citizens to gamble in casinos
Vietnam is a country that’s witnessing sharp growth as a top poker and gambling destination in the Asia-Pacific region. In recent years, a lot of tournaments are also being hosted in the country, the most recent one being the APL Vietnam Road Series Vol. 3 hosted in Ho Chi Minh City. Vi...
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