Shifting offshore casinos will hurt investor confidence: BJP

Goa’s Ruling BJP said if offshore casinos were to be shifted arbitrarily from the River Mandovi, it would hurt investor confidence in the state, local media reports.

"If we move offshore casinos arbitrarily or terminate their operations, it will damage (prospective) investors confidence in the government," said BJP Goa unit chief Vinay Tendulkar.

The government has been planning to shift the offshore casino vessels out of the River Mandovi, but had not yet finalized a location for them to move. In April, Goa’s chief minister announced the deadline for shifting the casinos will be postponed “until suitable alternative sites are finalized.”

Previously, the cabinet resolves that the offshore casinos would shift to an alternate location within the state by Mar. 31, 2016. Laxmikant Parsekar, Goa’s chief minister said the casinos will continue at its current location for one more year.

Goa has four offshore casino vessels and over a dozen onshore casinos currently.

Latest Intelligence

Latest issue

PATA CEO sees slow recovery, but optimism for future

AGB Podcasts