Delta Corp gets its first on-shore casino license
Delta Corp has been granted a license to operate a casino at its hotel Deltin Suites, Goa. Shares of the company gained 6 percent intraday Wednesday.
This casino will offer variety of games such as Blackjack, Baccarat, Roulette, amongst others. Deltin Suites will thus offer a complete entertainment package to its guests.
“The company will strengthen its presence in the gaming business with this operation, thereby reinforcing its leadership position in the India gaming and entertainment business,” as per BSE filing.
This is the first on-shore casino license given to the company. It owns and operates three offshore live casinos in Goa.
The company had reported consolidated net profit of Rs 6.4 crore in the quarter ended September versus loss of Rs 3.5 crore in the same quarter last fiscal. Its consolidated total income rose 23.2 percent at Rs 93.6 crore versus Rs 76 crore, Y-o-Y.