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Law Commission sees revenue potential from casinos, but no decision yet

India’s Law Commission recognizes the government would raise substantial revenue from regulating the country’s $60 billion gambling industry, but its chairman says the legal body has not yet made up its mind on the issue. Justice Balbir Singh Chauhan was giving the opening remarks to a conference hosted by the All India Gaming Federation and the Federation of Indian Chambers of Commerce and Industry in New Delhi last week. The conference was attended by representatives from legal and gaming firms, as well as general business, and discussed a wide range of issues facing the sector in India.

India’s Election Committee calls for casino scrutiny

  The Election Commission of India (ECI) has asked the Goa government to keep a strict watch on casinos to ensure they are not used...

Demonetization puts India’s casinos into a spin

On Nov. 8th, Indian Prime Minister Narendra Modi made an unscheduled televised appearance during which he dropped a bombshell for the country’s economy. In an effort to stamp out the black market and tax evasion he announced that the 500 rupee and 1,000 rupee notes in circulation would cease to be legal tender. The move triggered an estimated 80 percent drop in gambling revenue across the country.

Offshore casinos struggling post currency demonetization

Goa’s offshore casinos have been hit hard ever since Prime Minister Narendra Modi moved to scrap the 500 and 1,000 rupee notes in early...

AIGF supports ban of high denomination notes

The All India Gaming Federation (AIGF) has welcomed Prime Minister Narendra Modi’s initiative to scrap Rs. 500 and Rs. 1000 currency notes. Roland Landers, CEO...

Currency demonetization a tough pill to swallow

Indian Finance Minister Arun Jaitley’s announcement to scrap the 500 and 1,000 rupee notes will wreak havoc on the performance of Goa’s offshore casinos,...
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G2E Asia 2021

AGBriefings, June, 2021, Resorts World Las Vegas

Asia Gaming Briefings – June 2021 Edition

For this edition of our magazine, we focus on Southeast Asia, with a particular look at the Philippines. The country’s casino industry has been among the hardest hit in Asia, with the integrated resorts in Manila’s Entertainment City having remained mostly closed to the general public since the beginning of the crisis last year.
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