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Trump India visit: US, India agree to jointly develop arms. Coronavirus cases rise to 84 in India. All rights reserved.
For reprint rights: Times Syndication Service. Market Watch. Pinterest Reddit. By Moinak Mitra. In India, the biz of casinos alone accounts for Gambling cr in revenues, says chairman of Delta Corp Ltd, the biggest organised casino operator in this neck of the woods.
Games the well-heeled and the not-so-well-heeled travel overseas, gambling is emerging as a major passion and casino destinations, the big draw. Even in their backyard, while some still nayaka in the roll of the dice surreptitiously, new vistas of wager are opening up under state patronage across Goa, Sikkim and Daman. In India, the business of casinos alone accounts for Rs crore in revenues, says Jaydev Mody, gambling of Delta Corp Ltd, the biggest organised casino operator in this neck of the woods, with three offshore casinos and two hotels in Goa and a planned casino and hotel in Daman.
Mody would know since his company games conducted a study to gauge why airfares to Goa go through nayaka roof.
When business opened up inGoa had games one ship, The Caravella, with 14 tables. But today, there nayaka five ships with as gambling as tables visit web page one can play. Besides, there is the onshore business where hotels come attached with casinos, which dish out electronic board games, since The Gambling Act does not permit casinos on land to provide live games.
With changing regulation, expect more traffic. But somewhere, it rankles. Mody calls the India casino mart a mass market play since he witnesses several hundreds nayaka people each day with small-ticket wagers, of say, Rs 8, per head.
Nayaka Macau remains the big bet for Indian gamblers, Singapore is new and refreshing games Genting Highlands in Malaysia, a good way to unwind. Meanwhile, travelers to the other side of the pond have Las Vegas on their itinerary, though visa hurdles and the distance remain a dampener. In general, Gambling gambling destinations top the wish list. Figures from the first six months of mirror the trend. Read more games entertainment. Foreign exchange. Indian rupee.
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