In India, the casino license process is governed by strict regulations and varies across different states. The primary regulatory framework for gambling activities falls under the Public Gambling Act of 1867, which prohibits running or being in charge of a public gambling house.
However, some states like Goa, Sikkim, and Daman have legalized casinos under specific conditions. Goa allows offshore casinos on ships and land-based casinos in five-star hotels, while Sikkim permits land-based casinos in designated areas. The license application process involves thorough background checks, financial stability assessments, and compliance with anti-money laundering regulations.
Applicants must submit detailed business plans, security protocols, and responsible gambling measures. The license fees can range from ₹5 lakh to ₹25 crore depending on the state and type of casino operation. Recent developments include discussions about implementing a uniform regulatory framework across all states to streamline the licensing process. |