In the latest interview, the management has alluded to the Daman casino but not said when it will be launched:
Now Daman will open up where we will add several gaming positions. It will take one and half years to get the sales efficiency.
The article also highlights the size of the betting/gaming industry and I am reproducing an excerpt for those who don’t want to check the link:
In casinos, Sikkim must be doing Rs 50 crore on an annual basis. We do around Rs 250 crore. Our competition does a bit less. So the casino market is in the range of Rs 500 crore per annum now. But in cricket, they do Rs 5,000 crore a game. Every city has matka. The total market must be Rs 500 crore a day. So our thing is just a drop in the ocean. If the government legalises cricket betting, they will get huge revenues out of it. The can monitor it too. Today, it is wild. Then, we have race betting, in which Mumbai is Rs 170 crore per annum. There are seven-eight centres. Overall, it must be in the range of Rs 1,000 crore.
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