Casinos to raise Rs 15 Cr for Goa's development

GOANEWS DESK, PANAJI | 25 March 2015 22:13 IST

Goa government plans to raise Rs 15 crore annually by revising the fees and deposits charges for both the land and off-shore casinos.

The annual financial budget presented by chief minister Laxmikant Parsekar has revised the fees on casinos as follows:

Application Fees:

On shore / Land based Casinos: Rs 20 lakhs irrespective of the number of machines.

Off-shore Casinos: Rs 20 lakhs for machines / tables irrespective of the number of their number or size or capacity of vessel.

Annual recurring fees for Casinos:

On shore / Land based casino

Area & Fees

Upto 100 sq. m. - Rs 2.50 crores

Above 100 sq. m. upto 300 sq. m. - Rs 3.00 crores

Above 300 sq. m. upto 500 sq. m. - Rs 3.50 crores

Above 500 sq. m. - Rs 4.50 crores

 

 

Off shore casino

Passenger capacity of vessel & Fees

Upto 100  - Rs 7.00 crores

Above 100 upto 200 - Rs 7.50 crores

Above 200 upto 400  - Rs 8.00 crores

Above 400 - Rs 9.00 crores 

 

Security Deposit:

Rs 20 lakhs at the time of grant of new license and Rs 10 lakhs at the time of renewal, in the case of both On shore / Land based casino and Off shore casino


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