Who Is The Owner Of Big Daddy Casino
Who Is The Owner Of Big Daddy Casino – Praveen’s name was revealed after the Executive Directorate raided his house on July 29 on suspicion of being involved in money transfers.
Casino representative Chikoti Praveen’s Instagram profile describes him as “Animal and nature lover; loves strolling the Western Ghats, part of Big Daddy Casino, Goa; loves to gamble.”
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Praveen claims that everything is legal when it comes to casino business and purchasing rare wild animals. (HT photo)
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Due to his high profile in politics, business and famous venues across the country, things are opening up for Praveen. The same can be seen in his Instagram photos and videos of the events he has hosted in the past. He has 16,600 followers on his social media.
A video of Praveen’s 45th birthday celebration held at Taman Sama Saraswati which was posted on social media on July 13 shows his lavish lifestyle. He was seen driving around in an open Jeep, surrounded by a group of black uniformed cops, his friends and supporters handing out biscuits, showering them with cheers and cheers.
The video invitation posted by him detailing the grand pool party organized by PC (a.k.a. Praveen Chikoti) and his friend Madhava Reddy on June 11 and 12 in Jhapa, Nepal was witnessed by several people. Naidu and Scarlett Wilson.
Three days ago, PC and SVM (Madhava Reddy for short) hosted the same venue at Casino Vegas, with celebrities like Mumaith Khan and Mallika Sherawat as emcees. “Try your luck at high stakes, teen patti, andar bahar, baccarat, roulette and other casino games,” read the invitation. The dance performance at the event was hosted by Ganesh Acharya.
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“I don’t force or entice anyone to play casino. They attend shows and play casino for their own interest. Why should I stop? And casinos are completely legal in Goa in India and many other countries. What’s wrong with that? All that I am do it completely legal and open,” Praveen told reporters after questioning the ED administration on the first day of July 30.
In Praveen’s case, it’s not really a story about wealth. People living in Saidabad area of Hyderabad old town know him as a brief member of a national party, 20 years ago, he did small business like trading rice and pottery, which he inherited from his father in Saidabad.
“Even now, he lives in the same old house in Sai Kiran area of Vinay Nagar Colony, Saidabad, though recently he built a new bungalow there,” said Praveen Kumar, a reporter for the local daily. . entered the real estate movement in 2004-05 and made a fortune during the real estate boom in Hyderabad in 2007-08.
“He used to organize festivals like Bonalu and Ganesh Chaturthi in Saidabad area and became something of a local youth leader by donating money freely to local festivals and events. He also built a small Durga in Saidabad and became popular in the area,” said Kumar. .
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Unconfirmed reports say that Praveen is also trying to get into films to make some quick cash and even made a low budget Telugu film, which was a box office hit. After that, he left the film business, but he did get some high-profile contacts.
Apart from celebrities, Praveen maintains good relations with all the political parties and public figures who regularly enter his residence. “Surprisingly, no one knows how he got involved in the casino business, but it got him into the club of the rich and elite. It is believed that he owns a full floor of Big Daddy casino in Goa,” said Kumar, adding that his home and his in Saidabad frequently visited by VIPs and politicians.
Praveen said that when he organized his daughter’s birthday 10 years ago in Shamshabad, he threw a lavish party for VIPs, including top politicians, film personalities, dignitaries and police officers, said the Congress leader, who did not. want to be named.
Praveen loves luxury cars, but he hasn’t owned one for a long time. “He threw the car away after using it for a year or two and bought another one,” said Kumar. One of his Instagram posts on 26 November 2021 shows him getting a new Range Rover Autobiography worth around ₹ 4.5 crore. “Love Rantorover biography. Gt bring yday (sic),” read the post, as Praveen poses for a photo with his new asset. The car was confiscated by ED authorities during a recent raid on his home.
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As Praveen has said on social media, he developed an interest in rare birds and animals. When forest department officials raided his house in Saireddygudem village in Kandukur block near Kadthal in Ranga Reddy district, about 50 km from Hyderabad, they were surprised to find a kind of “Little Nursery” there.
An investigation was carried out based on photos of Praveen posing with rare animals such as iguanas, yellow pythons and red vipers on his Instagram. “My iguana @Ananthashayana,” read the caption of one of the photos she shared with the animal.
During their investigation, authorities found pythons, mongooses, tigers, ostriches, horses, birds, ducks, parrots, turtles and a rare species of large spider, in addition to dogs, cows and buffalo.
Interestingly, the forest officials found that Praveen had obtained everything legally and with the proper permits. “About 20 of them were brought from other countries. He took good care of them and took good care of them. We didn’t find anything illegal,” said J Hema, deputy ranger in the Kandukuru range.
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Praveen claims that everything is legal in terms of his gambling business and the purchase of rare wild animals, but the ED authorities are focused on the money transfer allegations.
According to a senior police officer familiar with the development, Praveen’s name came up during an ED investigation into a country-wide money transfer network over the past year. After gathering some information, ED raided his home in Saidabad and the home of his assistant Madhava Reddy in Bowenpally in Hyderabad, the official said.
Police are also questioning Sampath’s travel agent, who is known to have arranged trips to Nepal, Thailand, Indonesia and Sri Lanka, where Praveen has hosted a casino for the past year.
During a three-day investigation, ED questioned Praveen and his assistant about the pattern of payments he made to celebrities and casino players. “Athletes are generally given tokens, which can be exchanged for money at the end of the game. ED questioned how the winners got their money – legally or by wire transfer in violation of the Foreign Exchange Management Act (FEMA). ,” said the official.
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Authorities questioned Praveen about information found on his cellphone and computer hard disk recordings seized during the operation. Praveen submitted bank statements to the ED authorities for verification, but he did not reply as to why there were some discrepancies in the bank statements, especially those related to casino parties held in Nepal and Sri Lanka.
So far, the ED has not registered a case against Praveen, let alone arrested him. But if they get real evidence against him, they will take action against him,” said the police officer quoted above.
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