Casinos: Repeated Losses: The Great Decline of the State

The figures are staggering. Between 2015 and 2024, the casinos in Mauritius, managed by the State Investment Corporation Ltd (SIC), have accumulated nearly Rs 1.5 billion in losses. This situation has been deemed "disastrous" by Prime Minister Navin Ramgoolam, who criticized the previous government in Parliament for its blatant lack of strategy and governance.

According to him, despite these ongoing losses, no corrective measures have been implemented for years...