India

The state government is set to come up with a casino policy in the upcoming monsoon session of the Goa legislative assembly, which begins on Tuesday.

Goa’s sixth offshore casino, MV Lucky 7, has marooned itself on a sandbar whilst attempting to move from Mormugao harbor to Mandovi river in Panaji.

India’s Sports Ministry has begun the groundwork to frame a legislation that legalizes online sports betting in India.

Town and Country Planning Minister and Goa Forward Party senior leader Viaji Sardesai is pushing for offshore casinos anchored in River Mandovi to be shifted to land.

Foreign investor interest in India’s online rummy companies has been growing, though a recent ordinance banning the game by the central state of Telangana has thrown the industry into turmoil and sparked fears of a domino effect across the country.

 

Foreign investor interest in India’s online rummy companies has been growing, though a recent ordinance banning the game by the central state of Telangana has thrown the industry into turmoil and sparked fears of a domino effect across the country. In India gambling on games of chance are banned in most states. However, a Supreme Court Act from 1996 made a distinction between games of skill and games of chance, allowing the former while outlawing the latter.

 



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Rummy operators in Telangana have suffered another regulatory blow after the government issued an amendment to the latest gaming ordinance. 

The hearing for the petitions challenging the latest ban on online gaming in Telangana has been adjourned to July 12, rather than its original July 3 date.

Failing to find an alternate site to relocate offshore casinos, the state government is allowing the casino vessels to continue operations from the Mandovi river for another three months.

Gaming operator Delta Corp. has completed its merger with Gauss Networks, the holding company of Adda52, after receiving approval from the National Company Law Tribunal (NCLT).

One of India’s leading private lottery distributors, Playwin, has announced a 30 percent hike in its lottery prices, following the imposition of the GST Council’s 28 percent tax.

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