November 15, 2013

Making Macau out of Andaman and Lakshadweep!

While I was contemplating what to write in this week's editorial, James Packer was publicly announcing his plans to invest $400 million for a casino resort in Sri Lanka. In a speech at the Commonwealth Business Forum in Colombo, he said that his casinos would act as ‘‘a leading tourist mecca for the rising middle class of India, China and the rest of Asia.’’ Without a doubt, Packer has got his figures worked out pretty well. Despite a domestic ban on gambling, Indians do illegally indulge in various forms of gambling and betting every year. Some reports suggest that the size of the domestic gambling and betting 'industry' could be beyond $60 billion a year; and this is not counting the amount Indians spend abroad in casinos and betting centres. However, most of these instances are not in public view and are virtually impossible to track. Here is where the government needs to make smart plans to exploit the benefits of both the worlds. Going by the way India wishes to increase tourism, and perhaps even minimise the number of Indian tourists going abroad (to save foreign exchange), the authorities need to seriously consider setting up domestic gambling centres as these could give quite a significant impetus to tourism revenues, given the lessons that are there to be learnt from Vegas, Macau and Singapore. Can ‘Incredible India’ and mini-Vegas, for the sake of argument, exist at one place? I am not advocating that India adopts gambling blindly – given the negative connotation the word exudes – nor am negating the social malaises that gambling might bring, but am simply pointing out that the government should at least review the undeniable global correlation that exists between GDP growth and setting up legalised gambling and betting centres within the country.

If the worry is that legalising gambling in India could increase social exploitation, one could explore setting up of such centres in stand-alone territories like Andaman and Lakshadweep islands, test out the initial waters and economic benefits, and depending upon the experiences and lessons learnt, open up more centres in other states. Opening highly regulated casinos in such stand alone territories may actually give a huge boost to employment and lifestyle in these regions.


Share/Bookmark

12 comments:

priya das said...

It’s just a piece of flowers that can melt all the differences between you and loved pals. Flowers Cake and Chocolate signify the cheerfulness and enjoyment of life, and perhaps that’s why it’s the most valued gift for human beings. With its fragrances, colorfulness, silently it states the message the heart wishes to explore.

MONTU PAL said...

Now with the help of the most popular online floral service you can make way toWorld. Floral acquaintances will strengthen the ties of the emotions in a strong.Gift of Flowers and Cakes along with the Chocolates will really make the recipinient feel special and loving.

ajaya andaman said...

The hotels in port Blair islands are one of the best on the whole Andaman Islands. They are well known for their dedicated service towards their customers, and the location of their hotels provides a view of enchanting beauty of sea-beach elegance and diversity.

Hotels in port Blair island

Raj Tch said...

Andaman Tour packages - Get yourself refresh in wildlife adventure with Andaman and Nicobar Tour packages. It is one of the best place for water adventure and tourists from all over the planet are seen thronging to island every year.

Manoj Kusshwaha said...

Nice article arindam love your words and your briefing

Amit Sinha said...
This comment has been removed by the author.
Amit Sinha said...
This comment has been removed by the author.
Amit Sinha said...

I'm amazed with the work you have so definitely put into this specific material. I'm furthermore amazed with your perspective on this specific matter, especially because you have made your points so clear.

Myhappyjourney

pottershouse said...

It’s always fun to read different perspectives on the same places I am a traveler like to hear about their experiences and activities with other bloggers what they are writing up.
goldenpalmsmotel

Rozer fish said...


Thank you for the information. I found it extremely helpful and I am really looking forward to reading your posts in the future. Fantastic website.lollies2go

manpreet saggu said...

I've saved this page in order to come back to go through it again. I feel you've made a few interesting points that I accept and your writing skills are flawless. australianaluminiumwindows

Amit A said...

There are a lot of benefits as well as insightful information in this post. I'll have to come back as well as go through it once again
so I can evaluate some of your own viewpoints. bamboomotorinn

" This blog is managed by The Sunday Indian. We heartily welcome comments on the articles.. However TSI will delete all those comments which are personal in nature and have the usage of unparliamentary language. "