ED Raids 15 Premises Linked to Big Daddy Casino in Goa, Delhi-NCR, Mumbai & Rajkot
(By Syed Ali Taher Abedi)
Delhi,29, September,2025-The Directorate of Enforcement (ED), Panaji Zonal Office, conducted extensive search operations on September 28 and 29, 2025, under the Foreign Exchange Management Act (FEMA), 1999, at 15 locations across Goa, Delhi-NCR, Mumbai, and Rajkot. These raids targeted M/s. Golden Globe Hotels Pvt. Ltd., M/s. Worldwide Resorts and Entertainment Pvt. Ltd., and Big Daddy Casino, Goa.
During the searches, the ED seized cash totalling approximately Rs. 2.25 crore in Indian currency, USD 14,000, and other foreign currencies amounting to around Rs. 8.50 lakh. Preliminary investigation by the ED indicated that poker chips were exchanged with customers in place of foreign currency, with winnings paid out in foreign currency according to customers’ demands, raising significant legal and regulatory concerns. Further, it was found that multiple online casino platforms, namely, rolex777.co, iCasino247.com, play247s.com, Win Daddy, Poker Daddy, among others, were actively promoted by staff members of the casino under M/s. Golden Globe Hotels Pvt. Ltd.
It has also emerged that cryptocurrency wallets belonging to poker players were being used for carrying out financial transactions. The use of angadia services through crypto wallets to facilitate USDT transfers both to Dubai and various locations across the world have been unearthed. Moreover, several mule accounts were identified as being used for the deposit and withdrawal of gambling winnings which were subsequently transferred to different individuals abroad.
Further, different cryptocurrencies including USDT of more than Rs. 90 Lakh were found and freezed during the action. Incriminating documents and digital evidences have been seized, which establish violations of FEMA provisions as well as linkages with cross-border hawala/crypto transactions. Further investigation is under progress.
