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Indian State Plans for First Casino

9 February 2004

GANGTOK, India – As reported by the (India) Statesman: "Sikkim will have its first casino within two years. It will be set up at the first ever five-star hotel in Gangtok. The hotel, to be set up at Sinchey, in the Gangtok suburbs, is a project of the Toubro Yama group, a joint venture of the Yama in Sikkim and the Toubro in Chandigarh and its estimated cost is around Rs 80 crore.

"The chairman of the Yama group, Mr T Lachungpa, said: 'The hotel will be unique in many ways. Apart from the casino and a shopping plaza, the architecture of the project will be one of its kind.'

"…While the hotel will be open to locals and tourists alike, the casino will not be open for the residents of the state…"

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