#Delta Corp

Casino City Times

Gambling market in the UK to grow by $2.83 billion between 2021 to 2026

Gaming News 28 August 2023 (PRESS RELEASE) -- The latest report on the gambling market in U.K., 2021-2026 estimates to register a growth of $2.83 billion, at a CAGR of 5.25% during the forecast period. The market is fragmented due to the presence of diversified international and regional vendors. The growth of the online gambling market is driving…

Industry ・ 28 August 2023

tradebrains.in

Gaming stock falls up to 5% after withdrawing IPO as 28% GST on Casinos will be Implemented from October 01

A gaming company's share price plummeted 8 percent to reach an intraday low of ₹ 181.10 apiece on the National Stock Exchange (NSE) after an announcement in the 51st meeting of the GST Council on August 02, 2023, regarding Goods and Services Tax (GST) on online gaming, casinos and horse racing. At 12:36 PM, Delta Corp's shares were trading at ₹…

Industry ・ 03 August 2023

infotechlead.com

Shares of Indian casino and online gaming cos plummet

The imposition of a 28 percent tax on the money collected from customers by Indian gaming companies, including online gaming firms and casino operators, has had a significant impact on the industry. This move, announced by India's Goods and Services Tax (GST) Council, has resulted in a substantial decline in the value of shares for companies such…

Industry ・ 13 July 2023

Business Today

Delta Corp investors lose Rs 1,321 crore as gaming and casino stock slips another 10%

The crash in Delta Corp Ltd shares in early deals today led to a decline in the market capitalisation of the gaming and casino firm by Rs 1321.45 crore. Market cap of Delta Corp fell to Rs 5287.14 crore today against Rs 6608.59 crore in the last session. The correction in the stock came after the GST Council decided to levy a 28 per cent GST on…

Finance ・ 12 July 2023

Wild Casino

$5,000 Welcome Bonus

Deposit bonuses are optional and must be requested by the player when making a deposit. For example, use Promo Code WILD1 to a 100% Casino bonus. Your bonus request will be assessed and, if your account is eligible for the bonus, it will be added to your account immediately.

CNA

India's gaming, casino firms slide on tax blow

BENGALURU:Shares of Indian casino operator Delta Corp lost over a fifth of their value on Wednesday, while online gaming firms also dropped after the country's tax authorities imposed a 28 per cent tax on the money such companies collect from customers. These companies will now have to pay a 28 per cent tax on the entire amount collected from…

Finance ・ 12 July 2023

Zee Business

Zee Business Exclusive Report: Govt mulls stricter norms, regulations on online gaming, betting, and gambling

The government is planning to tighten the noose around betting, online gaming, and gambling by imposing regulations to curb and bring them under legal purview, Zee Business Special Correspondent Tarun Sharma said in his exclusive report while speaking to Managing Editor Anil Singhvi. In a meeting convened under the chairmanship of the Home Affairs…

Industry ・ 10 October 2022

The Blunt Times

Deltin Group was caught aback by RedboxGlobalIndia’s fake tweet on casino license approval in Daman

Surat (Gujarat) [India]: The Deltin Group was caught aback after RedboxGlobal India, a reputable Indian financial audio news site, tweeted that the long-awaited casino license for the Deltin Hotel in Daman had been approved by the UT Administration of Daman, Diu, and Dadra and Nagar Haveli (DNH). Deltin's share price appreciated by almost 7 percent…

Trust and Safety ・ 16 September 2022

Brighter Kashmir

Gambling and Hospitality Business Announce Massive Profits

Good news for a central gaming and hospitality company in India - Delta Corp announced an extraordinary gross revenue increase of 233% for the second quarter of 2022. The business behemoth announced Rs 314,46 crore ($39.4million) in revenue between April and June in 2022 - that's up 16.5% from 2021 as the sector bounced back from a Covid-19-induced…

Travel ・ 16 August 2022

RELATED LOCATIONS

Country

India

Region

Europe

Country

United Kingdom

Money Control

Casino player Delta's gaming unit Deltatech files for Rs 550 crore IPO

Deltatech Gaming formerly known as Gaussian Network Pvt Ltd, a wholly owned real money gaming subsidiary of casino operator Delta Corp, on June 16 filed a draft red herring prospectus with the Securities and Exchange Board of India (SEBI) for a Rs 550 crore initial public offering (IPO). The offer comprises fresh issues of shares worth Rs 300 crore…

Travel ・ 17 June 2022

Yogonet

Delta Corp enters South Goa, rebrands Zuri White Sands Goa Resort as Deltin Zuri

Delta Corp Ltd has consolidated its position as the largest casino operator, both offshore and onshore, in Goa with the Jaydev Mody-led company formally starting gambling operations at The Zuri White Sands Goa Resort at Varca, now rebranded as the Deltin Zuri. This is the group's first venture in South Goa and is currently the only luxury onshore…

Baccarat ・ 14 June 2022

Gambling News

Delta Corp Opens a New Casino in South Goa, India

Delta Corp has consolidated its position as the largest gambling operator in Goa after it opened a new casino in the Zuri White Sands Goa Resort at Varca, now rebranded as the Deltin Zuri. The resort opened its doors to gamblers on June 2. Delta CEO Anil Malani lauded Goa's potential as a tourist destination with its mix of attractions, good…

Sports ・ 07 June 2022

Business Insider India

Rakesh Jhunjhunwala’s gamble on this stock is proving to be a bust after it slips 20% in a month

Some of the Big Bull Rakesh Jhunjhunwala-owned stocks have seen a major correction over the past few months. The latest to join the list is Delta Corporation, a Mumbai-based casino and recreation company. Rakesh Jhunjhunwala owned over 10% of Delta Corp back in 2016. Since then, he has been consistently paring down his holding. According to the…

Covid ・ 02 June 2022

RELATED CATEGORIES

Category

Industry

Category

Law

Category

Covid

Category

Finance

TimesNow

Horse racing, casinos and online gaming may be taxed at 28% GST soon

Horse racing, Casino and online gaming lovers may have to pay higher taxes.

Law ・ 06 May 2022

Recent Slot Releases

The Global Casino Market is expected to grow by $ 38.23 bn during 2022-2026, progressing at a CAGR of 3.97% during the forecast period

The casino market is segmented as below: By Type• Poker• Blackjack• Craps• Lottery • Others By Geographical Landscape• North America• APAC• Europe• South America • Middle East and Africa This study identifies the use of technological innovation in casinos as one of the prime reasons driving the casino market growth during the next few years. Also,…

Industry ・ 11 March 2022

Bloomberg Quint

Delta Corp. On IPO, Covid Impact On Casinos And More

Delta Corp. hit its "highest-ever" revenue in the quarter ended December and the casino operator is confident of maintaining the momentum even as Goa has import curbs to contain rising Covid cases. Work from home and Covid restrictions have made gamers to start early, increasing gaming time even during the day, Hardik Dhebar, chief financial…

Covid ・ 17 January 2022

Techstory

Up to $50M capital raise to grow Delta Corp online gaming division

Delta Corp., the largest and only listed company in India engaged in casino gaming, wants to "pump up the numbers" for its growing online gaming business. Hardik Dhebar, chief financial officer of Delta Corp., confirmed in an interview with CNBC TV18 that the company is looking to raise up to $50 million to grow Delta's online gaming division,…

Industry ・ 29 November 2021

RELATED BRANDS

888

Betsson Casino

NetBet Casino

Betfred

bet365

The Hans India

GST Enforcement on Online Games, Casinos, Lotteries and Racecourses Halted Until Clarifications Issued

GST Sekretariat Moves after Punjab and Haryana HC Order The Indian online gaming industry, casinos, lotteries and racecourses received a major relief from GST enforcement actions until clarifications on GST rates and applicability are issued by the GST council and by the Panel of Ministers specially appointed by it to look into these…

Lottery ・ 26 November 2021

The Prime Time

15 Caught Red-Handed inside Illegal Gambling House in Varca

Casinos in Goa finally get the long-awaited green light to reopen. In the background, 15 people are facing the new penalties for illegal gambling, while players in the state get more cyber oriented. The Bust Comes 2 Days before Goa Casino Operation Relaxations Chips of different colors worth ₹ 6.9 lakhs were found among 15 people allegedly playing…

Law ・ 02 November 2021

Money Control

Karnataka Gambling Ban: No Significant Impact On Delta Corp's Online Skill Gaming Business

October 13, 2021 / 05:07 PM IST Ace investor Rakesh Jhunjhunwala-backed casino and hospitality firm Delta Corp doesn't expect Karnataka's recent gambling ban to have an impact on its online skill gaming operations. Delta Corp currently operates an online poker site Adda52 and rummy platform Adda52Rummy through its subsidiary Gaussian Networks.…

Industry ・ 13 October 2021

Technosports

EvenBet Gaming enters Indian market with new skill game ‘Call Break’

Thursday, 19 August, 2021 India: Leading online gaming software developer EvenBet Gaming has added the in-demand card game'Call Break' to its platform's extensive library of titles. The game was recently launched by such popular platforms as MPL and Faboom which is owned by Adda 52, a subsidiary of Delta Corp. This marks the 35 card game adapted by…

Mobile ・ 19 August 2021

RELATED AFFILIATES

Casino.org

IBC World News

Delta Corp reopens Sikkim casino as COVID shutdowns result in Q1 loss

Gangtok The casino operations of Delta Corp Limited, the only listed gaming operator in India, have been greatly affected since the second wave of COVID-19 hit the states of Goa and Sikkim, forcing authorities to lock the states down to contain the pandemic's spread. Delta's Sikkim operations back, but Goa still closed With the COVID cases…

Covid ・ 02 August 2021

News Track Live

Ebbing COVID Cases Bring New Relaxations, Goa Casinos Lag Behind Sikkim Gaming Houses

After the full lockdown caused by Delta, businesses start to gradually reopen at an uneven pace, led by a mixture of nation, state and district orders. Still, the world is not the same anymore and great chunks of business activity have moved to the online realm. The second wave of Covid-19 together with the so-called Delta and Delta Plus variants…

Covid ・ 30 July 2021

Equity Bulls

Delta Corp Limited to close Casino in Sikkim

Due to a surge in COVID-19 cases being witnessed in Sikkim, the government of Sikkim has amongst various other measures, directed all establishments to close as per the instructions laid down. Accordingly, the Casino in Sikkim will remain closed until May 16, 2021. The company is unable to estimate the quantum of potential losses on account of this…

Covid ・ 07 May 2021