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The Nepalese government has relaxed the minimum distance requirement for setting up casinos near international borders.
Delta Corp., India’s only listed casino operator, plans to construct a major IR in Goa that could include a water park, retail space, and a convention center, if the government approves a policy to move the state’s floating casinos onshore, according to company Chairman Jaydev Mody.
While Goa’s local economy has benefited from the rise of Indian middle class tourists thanks to its casino industry, regulatory oversight is needed to counteract the potential ill-effects of casino gambling, says a sociology professor from South Goa.
The intelligence arm of Goa’s tax department has served notices to ten casinos in Goa, demanding they pay a service tax on their license fees, local media reports.
With the Nepalese gaming industry expected to boom, the government has announced it will be submitting a new casino bill aimed at encouraging foreign investment into the sector, and bring its existing casinos in line.