Congress takes Goa casinos hostage for political leverage

The fate of Goa gambling industry now lies in between the clutches of Indian politicians who are now using the issue to gain political leverage.

Business Today reported that both the Indian Congress and Indian political parties have threatened to ban casinos in Goa, as they accused operators of cheating the state government of Rs 45,000 crore ($6.62 billion) in tax revenues.

The threat comes at a time when Goa casino continues to reel from the recent demonetization of INR 1000 (USD 14.8) and INR 500 (USD 7.32). Indian Prime Minister Narendra Modi in November made the move in a bid to slam down hard on the country’s black money.

They claimed that they have passed a resolution to close casino industry in Goa and it will also feature in their manifesto.