Archive · 30 Sep 2025
ED Raids Goa Casino, Seizes ₹2.25 Crore Cash
The Enforcement Directorate (ED) raided several locations connected to a Goa-based casino and its linked entities.
They seized ₹2.25 crore in cash and foreign currency worth ₹8.5 lakh.
The ED suspects violations of the Foreign Exchange Management Act (FEMA).
The casino allegedly provided poker chips for foreign currency, with winnings paid out in the same.
Multiple online casino platforms were promoted by the casino staff.
The investigation involves cryptocurrency wallets and illegal fund transfers using Angadia services.
The action is part of a larger probe into potential financial crimes.
The ED conducted multi-state searches against a Goa-based casino and linked entities.
Searches were conducted in Delhi-NCR, Mumbai, and Rajkot.
₹2.25 crore in cash and ₹8.5 lakh in foreign currency were seized.
The investigation is under the provisions of FEMA.
The ED found evidence of poker chips exchanged for foreign currency.
- Who
- Enforcement Directorate (ED)
- What
- Raids and seizures related to FEMA violations
- When
- Sunday and Monday
- Where
- Goa, Delhi-NCR, Mumbai, Rajkot
- Why
- Investigation into financial irregularities under FEMA
Government
Casino Operators
Alleged Illegal Activities
Government
The ED is investigating potential financial crimes and violations of FEMA, including unauthorized foreign exchange dealings and crypto transactions.
Casino Operators
N/A
- Agency
- Enforcement Directorate (ED)
- Locations Raided
- Goa, Delhi-NCR, Mumbai, Rajkot
- Entities Targeted
- Golden Globe Hotels, Worldwide Resorts, Big Daddy Casino
- Cash Seized
- ₹2.25 crore
- Foreign Currency Seized
- ₹8.5 lakh (USD 14,000)
- Investigation
- Under FEMA
Sources
ED Raids Big Daddy Casino Network, Seizes Cash, Crypto Currency Worth Rs 3.25 Crore
ED's High-Voltage Raid on Goa Casino & Resorts; Crores in Cash, Foreign Currency, and Offshore Documents Seized
ED seizes over ₹2 crore cash in multi-state raids against Goa-based casino
‘Poker chips for foreign currency’: ED raids premises linked to Goa casino, other locations in FEMA case
