Business Daily from THE HINDU group of publications
Saturday, Jan 05, 2008
ePaper | Mobile/PDA Version


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Tourism
States - Other States
Sikkim set to lure tourists with casino

Sarikah Atreya

Gangtok, Jan. 4

The tiny Himalayan State of Sikkim is ready to roll the dice, and the hospitality industry in the State is up for a major makeover.

Along with its breathtaking natural beauty, lofty mountains and lush green valleys, Sikkim is now luring visitors with a casino and a 5-star hotel.

The State has legalised casinos and recently signed an agreement with Hotel Royal Plaza at Syari here. A part of the Park Sarovar Plaza group, Royal Plaza will become the first hotel in the entire region to have the gambling facility.

Casino Games Act

The Sikkim Government had passed the Sikkim Casino Games ACT in 2004 and the rules regulating their operation were framed last year through the Sikkim Casino Games (Control and Tax) Rules, 2007.

The five-year agreement between the Royal Plaza and the State Tourism Department was signed recently.

The hotel, which has a 4-Star rating, will have to upgrade itself and secure 5-Star recognition, which is required by the Act. According to the Act, only 5-Star hotels will be eligible for a casino licence.

According to the agreement the State will get 25 per cent of the stake money from the casino.

The development has created ripples in the State’s hospitality and travel industry.

According to tour operators, with a casino and a 5-Star hotel in place, Sikkim can expect high-end visitors who would not mind spending in dollars.

“If Sikkim can have its own casino, we will be able to cater to the niche segment of visitors who will spend well, which in turn will provide added fillip to the industry,” Mr Binita Lama, a local tour operator told Business Line.

The nearest casino in the region is in Kathmandu in Nepal, which has been a favourite destination for domestic tourists.

“We should now be able to tap into this segment, and divert tourist traffic from other States headed towards Nepal, especially during the holiday season,” the State Tourism minister, Mr R.B. Subba, said.

The tourism industry is the biggest revenue earner for the land-locked hill State.

More Stories on : Tourism | Other States

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Employment growth in AP put at 3.6%


Helpline for overseas workers may be launched
Ambulance Access for All to cover whole of Kerala
‘Nanotech useful in anti-cancer research’
Plastic roads in Madurai town panchayats
First project to go on stream in 2009: Anil Ambani
RSP expansion may help raise SAIL output to 26 mt in 3 yrs
Draft REIT regulations lack tax guidance
SIDCO estate near Madurai
Shefexil nodal office in Shillong
IIMB provides CSR teaching resources online
KPIT focussing on embedded systems for hybrid cars
‘Take industry into confidence on clinical Bill’
Setting store by echocardiography
Jeevan Blood Bank to set up stem cell bank
More land for commercial use at Udaipur airport
Kerala unveils draft land policy
Chamber seeks better infrastructure facilities
Low-key start to Hyderabad film fest
‘Education, services, banking lead print ad surge’
B-school students opting for novel courses
Sarda Group plans training centre for jute products
‘Telecom sector most politicised in the world’
Sikkim set to lure tourists with casino


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line