Revenue

India’s casino gaming industry occupies a narrow but influential corner of the country’s entertainment and tourism economy. Concentrated primarily in a handful of states, casinos operate within a complex legal framework shaped by colonial-era laws, state-level discretion, and evolving public attitudes. While the sector contributes meaningful tax revenue and employment, it also faces persistent regulatory uncertainty and social scrutiny. As digital gaming and offshore betting platforms grow in popularity, policymakers are under increasing pressure to modernize gambling laws.

Maine’s land-based casino industry recorded a modest uptick in gross gaming revenue (GGR) for November 2025, marking a continuation of incremental growth in the state’s commercial gaming landscape. Revenue from the two licensed casinos rose compared with the same month last year, driven predominantly by stronger slot machine performance despite a mixed showing from table games. This improvement reflects resilient consumer demand and evolving operational dynamics within Maine’s gaming market.

Macau’s gaming sector is entering a renewed phase of momentum as analysts raise revenue projections in response to accelerating market recovery. Visitor traffic continues to surge, driven by improved regional mobility, resilient consumer spending, and renewed investor confidence. Casino operators are reporting stronger-than-expected performance across mass gaming segments, while non-gaming offerings are gradually gaining traction.

Gambling in India sits at a complex intersection of economic potential, regulatory ambiguity, and cultural sensitivity. As the industry expands through digital platforms, state lotteries, and regionally licensed casinos, policymakers face the dual challenge of tapping into its revenue-generating capacity while safeguarding citizens from addiction and financial harm. This article examines India’s fragmented legal framework, the rise of online wagering, and the fiscal implications for state governments.

Governments around the world face a complex challenge: encouraging economic activity generated by legal gambling while mitigating the societal risks associated with addiction. This balancing act requires comprehensive regulatory frameworks that prioritize consumer safety without undermining the revenue that fuels public programs and infrastructure. Nations employ a mix of strict licensing controls, mandatory responsible gaming measures, financial monitoring standards, and targeted public-awareness campaigns.

Border casinos are emerging as powerful tourism magnets, drawing thousands of visitors seeking entertainment, nightlife, and the allure of high-stakes gambling. However, alongside rising footfall and economic gains, these gaming hubs are facing mounting challenges—from the use of fake IDs and regulatory breaches to a noticeable uptick in criminal activity. Authorities are growing increasingly concerned as casinos struggle to balance profit with compliance, security, and community safety.

Goa’s casino industry is navigating a pivotal moment as regulatory scrutiny and economic ambition intersect to shape its next phase of growth. While the state continues to rely on casino-generated revenue as a critical contributor to tourism and public finances, operators face increasing pressure to comply with evolving rules, licensing norms, and environmental considerations. At the same time, rising visitor spending, expanding hospitality infrastructure, and interest from global gaming companies present substantial opportunities.

Paradise Co, South Korea’s largest foreigner-only casino operator, delivered a robust performance in November, posting a 12 percent year-on-year increase in casino revenue. The company reported turnover equivalent to US$55 million (approximately Rs. … crore), reflecting sustained demand from international visitors and a gradual recovery in the country’s gaming and tourism ecosystem. The latest figures signal continued operational stability across its key properties, supported by improved table and machine gaming activity.

Genting Malaysia recorded a solid revenue surge in the third quarter, supported by stronger gaming activity, sustained visitor recovery and renewed momentum across its domestic and international operations. The positive performance arrives at a pivotal time for the group, which is awaiting developments on New York’s commercial casino licensing process—a milestone that could significantly elevate its strategic position in the U.S. market.

Palasino Holdings reported an 8% increase in revenue for the first half of fiscal 2025, supported largely by improved performance across its European gaming properties. The company, which operates casinos and hospitality assets in several Central European markets, benefited from stronger footfall, higher gaming activity, and operational stabilisation following a challenging global environment. While revenue growth reflects renewed customer engagement and disciplined cost management, profitability trends remain closely tied to operating expenses and regulatory considerations.