Indian state of Goa could have gross casino revenue of $ 1 billion

According to Union Gaming Securities Asia Ltd, this figure is due to the change in the direction of the casino market to Goa : until recently, the format of gambling establishments was focused on river casinos, and now the emphasis is on stationary land-based establishments.

Experts predict the fastest growth and development of this industry when the format is changed, and such an initiative will be supported at the state level from the beginning of 2018. The profitability of the Goa casino market is expected to reach $ 1 billion after the transition to a land-based establishment format.

The only Indian gambling company Delta Corp Ltd 's revenue for the fall-winter period of 2017 increased by almost 73% compared to the same period last year. This trend gives a good perspective for the development of the gambling business in Goa for the current year.