The Casino Goa is a live casino located offshore in Panaji in Goa. The casino is located on a yacht, the M.V. Caravela, anchored in the River Mandovi. The casino vessel worth is 110 million Rupees and is owned by the Advani Pleasure Cruise Co Ltd as a joint venture between the company and Casinos Austria. It has around eleven tables of American Roulette, Blackjack and Paplu (Rummy) besides a few electronic slot machines.
The setup of the casino was controversial as live gambling is outlawed in India. This was partially circumvented by hosting it off the mainland. The government in Goa is promoting offshore casinos in Goa by granting new licenses to more companies in an attempt to generate more tourist related revenue. Goa state is the only one in India that permits both electronic on land casinos as well as live offshore ones.