The recently Goa Chief Minister, Manohar Parrikar, reelected official admitted during the April 14 interview that he can’t completely ban casinos in the state of Goa, but he can limit how they operate.
“We had decided on a policy to ban Goans from going to casinos. Lot has been done about it and in the days to come there will be complete ban on locals going to casinos” said Parrikar
News that Parrikar will be moving to ban locals from the region’s casinos will come as a blow to companies such as Delta Corp Limited which has a stake in three venues in Goa. From these investments, Delta Corp Limited has generated returns above 100% for its investors in the last year, which signals that India’s growing casino culture is hugely popular.
At present, three states in India, Goa, Daman and Sikkim, have laws that allow casinos to operate in them. These provisions have led to an increase in casino gaming among locals as well as more poker tournaments being hosted in India.
One potential positive for the Indian poker community could be the recent rise of Poker Sports League. Much like the Global Poker Index and Global Poker League are aiming to do in Europe and Asia (READ SO GLOBAL POKER LEAGUE ANNOUNCES PLANS TO ENTER INTO CHINESE MARKET), the Indian Poker Sports League wants to “sportify” the game and align it with other skilled endeavors. In fact, on the organization’s official website it states that poker is as much of a sport as “cricket,” which is one of India’s most popular pastimes.
Using this angle, companies like the Poker Sports League are attempting to dissociate poker with traditional casino games like blackjack and roulette and, therefore, sidestep any bans.
