Nederlander Regulator Issues EUR1. 8M in Fines to 2 Operators For Illegally Providing Online Games of Chance

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Maharashtra Navnirman Sena’s general secretary Manoj Chavan wrote to the state government requesting that it formulate a gaming policy to generate revenue and allow gaming zones within the state.

Chavan stressed that the state’s approval of gaming zones would result in increased revenue and more employment. Chavan stated that Goa, a neighboring state, has six off-shore and eight onshore casinos that give a boost its tourism industry. This ultimately leads to higher revenue generation.

Chavan used Sikkim as an example, noting that it has a 5-star casino in its hotel, while Maharashtra, despite being one of the most advanced states in the country, is behind due to its regressive mentality.

In November last year, the general secretary of MNS had also pressed this issue by stating that Maharashtra could make use of its coast belt and create casinos to make it a tourist hotspot similar to Goa.

Chavan states that the Maharashtra Casinos Control and Taxation Act, 1976, which was passed on 19th July 1976, is still not being implemented. The Act’s rules are still being drafted and notified. He asked about the status and reports of the study group formed to visit Sikkim, Macau, Nepal, and Macau.

Chavan stated that many welfare programs are in dire need of funds. The state government cannot ignore the potential for casinos.

MNS General Secretary mentioned that a study done by American company Global Market Advisors found that Maharashtra casinos can generate $1.1 billion in revenues. With 28% GST on the industry, the government can make $308 million in tax revenue. The government can also earn recurring and non-recurring revenue through casino operator license fees.

The state can set up tourism, entertainment and hospitality-related services to create huge employment that can help Maharashtra get on the map in global tourism.

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