Goa Eyes Gambling As Mining Replacement
The Indian state of Goa is steadily making a shift towards commercial gambling. Gambling was always popular with residents who made their living from the iron ore industry. However, mining was banned in 2012 and now the state is focusing on tourism in order to fill the gap in the economy. Tourists are already drawn to the offshore and onshore casinos.The Mandovi riverfront in Panjim city is dominated by jetties for the five casinos that operate on ships. For a high entry fee visitors can enjoy table games as well as dinner and drinks. The onshore casinos, mainly located in five star hotels, consist of electronic slot machines.
Jaydev Mody, who operates two offshore gaming locations in Panjim, Deltin Jaqk and Deltin Royale, believes that there is a good future for gambling in Goa. Mody says, “As a first mover, Goa has a window of opportunity today. It should create a special economic zone for casinos.”
In fact, Mody intends to build a 500 room hotel and casino if a special zone is announced. However, the government is yet to decide how far it wants to go with gambling. There are various groups in the state who want to ban locals from entering these dens.
As the government seeks to fill the gap left in the economy by the mining ban, it seems likely that casinos will become an ever more attractive option.