Goa's Casino Cash Cow: A Revenue Surge

Goa's government has generated over Rs 1,661 crore from onshore and offshore casino fees in five years, as revealed by Chief Minister Pramod Sawant in the state assembly. The revenue details were furnished in response to a query by MLA Michael Lobo. The government is considering relocating offshore casinos.

Devdiscourse News Desk | Panaji | Updated: 30-07-2025 13:36 IST | Created: 30-07-2025 13:36 IST

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The Goa government has reported a substantial income of over Rs 1,661 crore from the casino industry over the past five years, as stated by Chief Minister Pramod Sawant. This figure was disclosed during a session in the state assembly, highlighting the significant economic contribution of the casinos to the coastal state.

Chief Minister Sawant, in response to a query from BJP MLA Michael Lobo, presented a detailed financial account of the recurring annual fees from licensed casinos. The data showed a steady increase in revenue with Rs 186.35 crore collected in the 2021-22 fiscal year, rising to Rs 603.76 crore in 2023-24.

The government is actively working with the Captain of Ports Department to identify new permanent locations for the offshore casinos currently situated in the Mandovi river, as part of a strategic relocation plan.

(With inputs from agencies.)