Business

Most Sikkim PL holders disappointed with stringent license conditions but Future Gaming confident of starting operations

Exclusive One month after the news of Sikkim awarding a 'go live' license to Future Gaming Group was first reported on…

Punjab lottery operators go on strike over tax hike, impasse likely to end soon

India's top three lottery operators, Pan India Network Limited, Sugal & Damani and Future Gaming (all three also hold lottery…

Income Tax officials raid Goa casinos over money-laundering, tax evasion allegations

In a surprise move coming in the middle of election season, Income Tax officials raided casinos and other properties of…

Delta Corp announces the launch of its integrated five star resort cum casino in Daman

After a long wait, Delta Corp has finally announced the commencement of operations of its flagship Deltin Resort in the…

Goa CM Parrikar modifies casino license and entry fee in annual budget; introduces casino transfer fee

Exclusive In developments that could adversely affect Goa's casino industry; Chief Minister Manohar Parrikar changed the annual recurring license fee structure…

Delta Corp announces amalgamation of its gaming subsidiary, claims strong quarterly growth for gaming division

In its board meeting dated 29th October 2013, Delta Corp; India's only listed gaming company announced the merger of its…

As new Delta Corp Casino starts operations and Opposition alleges 'casino scam'; Goa Deputy CM defends government stand on casinos [Exclusive]

Exclusive As Delta Corp started casino operations on its new vessel MV Horseshoe after securing all necessary compliances for transfer…

Almost a year after initial plan, Badal Jr. renews vision to open casinos in Punjab

Almost one year after initial reports in the media and on this website, Punjab Deputy Chief Minister Sukhbir Singh Badal…

FAQ on taxes and gambling winnings

Despite the earlier post  giving various provisions on taxes on gambling winnings, we have been receiving hundreds of queries seeking…

Sri Lanka relaxes taxes for casinos, attracts foreign investment- offers an alternative to Goa, Sikkim casinos

In a bid to attract foreign investment for casinos and to promote tourism, the Sri Lankan government has brought a…