India’s only listed gaming company, Delta Corp Ltd, continues its good run in 2016.
In a filing to the Bombay Stock Exchange, the gaming and hospitality company reported that its consolidated income from gaming operations has reached INR1.24 billion (USD18.5 million) in the July to September period—a 45.8 percent increase compared to the same period in 2015.
Delta Corp’s comprehensive net profit after taxes and minority interests also jumped 680 percent year-on-year to INR322.5 million.
Delta Corp. holds three of the six issued offshore gaming licenses in Goa in addition to an integrated casino resort in Daman, and three luxury hotel properties in Goa—Deltin Suites, Deltin Palms and Villa Marina by Deltin. The government of Goa has also authorized Delta’s wholly owned subsidiary, Delta Pleasure Cruise Company, to operate MV Royale Flotel – Deltin Caravela on Mandovi River.