India

The Government of Nagaland has issued the first Letter of Intent (LOI) to Club Empire, a Kolkata-based gaming start-up.

India, with 1.3 billion people and two-thirds below the age of 35, the world’s largest youth population, is poised to become one of the world’s leading gaming markets, says the All India Gaming Federation.

Delta Corp has registered its best-ever quarter in 16Q1, posting revenue of Rs 108.6 crore (US$16.3 million), up 34.6 percent compared to 15Q1.

Chief Minister Laxmikant Parsekar has gone on record to say that his government would not be able to remove casinos from the state, acknowledging the state’s dependency on casinos for employment and revenue.

Goan police have recently registered a first information report (FIR) against two senior officials of Heraldo Publication, who have allegedly attempted to extort money from casino companies.

Goa Congress MLA Pandurang Madkaikar has condemned the growing number of casinos in the state, calling on the government to put a stop to the casino industry before it starts to control the government.

Over 125,000 cases of illegal gambling were registered in 2014 across India, according to figures released by the Union Ministry of Home Affairs.

Kerala may soon become another one of Asia’s gaming destinations should the state government accept the proposal by the All-India Gaming Federation (AIGF).

Casino operator Delta Corp Ltd has officially announced its plans to open a casino in Sikkim according to a filing to the Bombay Stock Exchange (BSE) on Tuesday.

Delta Corp. chairman Jaydev Mody has become the new co-owner of the Goa Indian Super League (ISL) football team, purchasing a 65 percent stake.

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