How Much Will You Bet on the Indian Casino Industry?

Posted by: on Oct 31, 2011 | 15 Comments

Indians have been indulging in the casino scene abroad for a while. Macau, Singapore and Las Vegas are some of the favourite casino destinations of Indian gamblers. Moreover, it is estimated that as many as 70% of the visitors in Kathmandu casinos are Indians.

Things have, however, been changing significantly at the domestic front. Goa is attracting the affluent, urban Indian gamblers in large numbers. As soon as you enter Goa’s airport, you are overwhelmed with the casino options in the region. If you set out for a picturesque walk near the Mandovi River at Panjim, you will surely be mesmerized by the numerous neon signboards of casinos. India’s very own sunset strip is all-set to takeoff the casino business in the country.

So if you are planning to bet on the Indian casino industry, you should know that the Goan casino business is projected to do a business of Rs 300 crore by the end of 2011. While this may not match up to Macau’s August revenue of $3 billion, it is worth noting that Goa’s casino business was generating merely Rs 50 crore in 2007. The Indian casino industry has indeed come a very long way.

Indian Casinos: Where to Put Your Money?

Casinos in India offer a plethora of options, from slot machines and blackjack to mini flash and derby games. However, the most sought-after games by Indian gamblers are:

  • 21-card Rummy: Played with three decks of cards, this is a very popular household game. Therefore, it is no surprise that some casinos in Goa have introduced this game.
  • Texas Hold ‘Em Poker: Thanks to the globetrotting IT professionals and the affluent business class from Bangalore, Delhi and Chennai, this game is fast becoming a popular casino attraction. Texas Hold ‘Em Poker is a game of skill, and is usually played with large sums.
  • Roulette: Definitely a crowd-puller at the Goan casinos, roulette is extremely popular among the women as well as novice gamblers.

Betting on Indian Casinos: A Final Word

The social angle of casinos is steadily changing. What was once perceived as a social menace is now indulged in by men and women alike. In fact, women are now game to bet big. Conventionally, women would accompany their male partners to casinos and observe from the sidelines. Today, they are sitting in on the high-stake games, where the winnings are over Rs 1 crore.

There is also a change in attitude of the casino owners, who were once majorly targeting the Caucasian backpackers. These days, their focus is just as much on the affluent and regular Indian gamblers.


  1. Priya
    November 2, 2011

    Yes, the Indian casino industry’s future does seem bright, especially because Goa is already frequented by many tourists. But will the govt actually let it happen?

  2. Shalini
    November 2, 2011

    The govt shld realise that this will help the economy

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