Goa may renew license of offshore casino only if fees are paid

Will Goa residents see a sixth casino on the Mandovi river soon?

Laxmikant Parsekar, chief minister of the Indian state of Goa, is considering the renewal of one offshore casino’s license, but only if the operator pays its fees—penalties and interest included.

The operator in question if the Golden Globe Hotels Private Limited (GGHPL), which recently appeared before the high court of Bombay at Goa over its pending annual license fee, which has already reached an estimated INR50 crore (USD7.45 million).

Goa initially issued a license to M/S Hotel Leela Ventures to operate on the Mandovi river in 2006. Hotel Leela’s operations were later transferred to GGHPL on the condition that GGHPL will pay for the renewal of the casino license from the year 2011 to 2016, according to a Times of India report.