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City Corporation Vows Not To Renew Trade Licenses Of Offshore Goa Casinos
City Corporation Vows Not To Renew Trade Licenses Of Offshore Goa Casinos

City Corporation Vows Not To Renew Trade Licenses Of Offshore Goa Casinos

The Corporation of the City of Panaji (CCP) will pass a resolution to not renew the trade licenses of offshore casinos floating off the shore of the Mandovi river, confirmed city Mayor Uday Madkaikar.

The renewal of licenses of the six offshore casinos in Goa is due April-June 2020.

Commenting on the decision to not renew the licenses, Mayor Madkaikar said that the move would force the casinos to shift their businesses outside Panaji and eventually it may translate to the closure of the casinos.

While all political parties claim to be against the offshore casinos and have been demanding that they are shut, when in power, both major political parties, the Congress and the BJP have consistently failed to deliver.

Last week, speaking in the legislative assembly, Chief Minister Pramod Sawant told the lawmakers that according to the Goa Gambling Policy, the government will soon announce a date after which entry of locals to Goa casinos will be completely restricted.

Chief Minister Sawant also revealed that the Goa government has earned Rs 4.1bn in revenue for the fiscal year 2018-19 from both onshore and off-shore casinos.

Amidst the debate around casinos and gambling in Goa, Churchill Alemao, an NCP MLA from Benaulim threw a demand that 80 percent of the casino jobs be reserved for the Goan youth in the state’s flourishing casino and gambling industry.

About the author

Utsav Kumar

Utsav Kumar

With a masters in literature and passionate about evolving technologies, Utsav has been covering the latest from the world of Blockchain, Artificial Intelligence, and AR for several online and print publications. He strongly believes that these evolving technologies have immense potentials to redefine existing online gambling infrastructures and can dramatically improve standards of customer protection. Utsav covers mostly compliance updates and other latest technical developments that impact the global casino and gambling industry. He can be reached out at [email protected]

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