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30 Jul 2020

CCP Set to Do a U-turn and Renew Casino Licences Citing Threat to Livelihoods

Goa off-shore casinos look to renew licences, CCP set for u-turn

Several off-shore casinos have approached the CorporatšŸ’ƒion of the City of Panaji (CCP) seeking renewal of their lā˜‚icences. And according to , the CCP mayor Uday Madkaikar (pictured above) has said a decision is on hold.

Despite enormous political opposition against the river casinos, it looks likely the coronavirus pandemic, with ź¦”its massive effect onšŸŒœ government revenues, could mean the three casinos in contact with the CCP are given new licences to operate.

The civic body is running low on cash, recording a Rs. 11 Crores deficit budget in March for the financial year. One proposal ā™”to increase revenue was to double the tax on casinos to Rs. 2 Lakhs a year.

The CCP earns Rs. 56 Lakhs each year from the six floating casinos on the Mandovi river. In addition, the presence of the caā™sinos has a wider economic benefit for GšŸŒŒoa, with numerous trades heavily reliant on the industry.

MadkašŸ…ikar is quoted as saying: "CCP has kept the applications on hold, but in the current situation, local businessmen and tourist taxi operators had come to use and told us that if casinos are closed down, they would have no business.ź¦"

All relevant stašŸŸkeholders will be consulted, he added, but the debate promises to stir passions on this issue once again. Panaji MLA Atanasio Monseratte had promised to remove all off-shore casinos within 100 days of winning the 2019 Panaji by-election but has repeatedly reneged on that prš“„§omise.

Goa casinos have continually been given šŸ… six-month licenceā›¦s to operate over the last few years, the most recent in April of this year.

The casinos themselves have been hit hard by the lockdown with Casino Pride's boss calling for a tax break among other measures to help the ailing sector.

Despite a loosening of restrictions nationwide, they remain shut, and in June they were told by Pramod Sawaāœ¤nt that there were no plansā™” to reopen casinos soon.

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