Wednesday, August 15, 2018

India

Mohit Agarwal

Co-founder of Adda52.com, an online unit of Delta Corp

Online companies eye India potential

India’s online gaming sector has seen a spate of acquisitions in recent months as operators position themselves for strong projected growth, despite the ongoing regulatory uncertainties.

Goa outlines new casino policy

Goa Chief Minister Manohar Parrikar made a statement on the floor of the legislative assembly on Friday announcing that offshore casinos in the state will be shifted to a designated gaming zone within a period of four years, G.Laws reports.

Former Goa CM demands casino entry hike, tourism plan underway

A former chief minister of Goa, Churchill Alemao, has demanded that the casino entry fees for Goans be hiked in order to protect youths,...

Delta Corp June quarter profit beats estimates

Indian gaming giant Delta Corp saw its June quarter net profit rise to Rs 28.6 crore, up 52 percent year-on-year, beating analysts’ expectations. Net sales...

Sikkim amends online law to ban locals

The Sikkim state government has brought a provision that requires having a photo identity card issued from outside the state of Sikkim for entry into gaming zones.

Mizoram chief minister denies involvement in lottery scam

Mizoram chief minister Lal Thanhawla has denied involvement in a multi-crore lottery tender scam which has costed the government more than Rs11,808 crore (US$17.3...

Mizoram halts lottery contracts of four state distributors

The Mizoram government has suspended the state lottery contracts for all four of the state’s lottery distributors after allegations from the opposition party that...

Law Commission backpedals on betting legalization, issues clarification

The Law Commission of India has issued a clarification on its recommendation to regulate gambling and betting on sports, saying that the legalization of...

Law Commission recommends betting as regulated, taxable activity

The Law Commission has recommended that gambling and betting on sports, including cricket to be allowed as regulated activities taxable under the direct and...

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