We have since commenced casino operations pursuant to a license issued to us by the Government of Sikkim.
Deltin Suites is equipped with all modern amenities and recreational facilities, including two restaurants, a lounge bar, spa, gym and swimming pool. The casino offers about 70 gaming positions. Delta Corp is the only listed company in the gaming industry in India and the company has huge plans for expanding in the coming years as its chief financial officer Hardik Dhebar believes that the Indian gaming market will experience exponential and impressive growth rates in the coming years and Delta Corp wants to position itself to capture as much market share as possible.
This marked our entry into the onshore gaming space helping us expand our imprint beyond the offshore space. We are hoping for the same response as we have been receiving at our off shore casinos. The Indian Tourism Industry will grow at 7.
The Number of visitors per day would stand at While the first two are controlled by the Deltin Group, the latter two are managed by the Pride Group. For this, we assume RS every 4 hours which gives us Rs per Hour. India's largest, most luxurious casino that offers something for everyone.
Per person spends Rs on average per visit to the casino Assumption 4: Enter this, opulent 5-star property that has a range of exquisite avenues for everyone in the family. In fact, gaming and hospitality globally form an unbeatable holistic experience that attracts not only serious gamers, but tourists and families.
This has led the Deltin Group to open the first land based Casino in Daman which is set to delta corp casino in goa soon. Offering international games, live entertainment daily, and separate VIP gaming areas, the casino is also equipped with a helipad, and is serviced by high speed feeder boats from multiple jetties.
It is used primarily for Delta's casino guests. Gaming positions of mean that people can be seated on gambling tables or slot machines in the Deltin casinos. The casino, when operational, is proposed to be spread over approximately 60, sq.
We believe that upon commencement of casino operations, The Deltin will be the only integrated casino resort of its size in India. Both these are mutually inclusive and reciprocating businesses, each driving the other.
Gallery ABOUT US The Deltin brand promises an ideal mix of entertainment and hospitality, reflecting luxury and innovative lifestyles that match some of the best in the world.
This hotel offers the largest banquet facility in the area with 3 bars, 4 speciality restaurants, 29, sq. In addition, Delta Corp also has a substantial stake in the holding company of Ramada Caravela Beach Resort, with no operational interest or management control. Our early-mover advantage has helped us secure a leadership position, with our Company holding three of the six offshore gaming licenses issued in Goa, one land based casino in Goa and one in Sikkim; and one online poker site.
We also own and operate the online poker site 'Adda There has been a change in company strategy from before. The operations of Delta Corp are significantly linked to the Tourism in India. Apart from the three casinos, Delta Corp also owns two hotels in Goa and a five-star hotel in Daman. Besides international and domestic games, Deltin Royale has the country's only dedicated Royale Poker Room as well as an exclusive Taash room for Indian Flush.
Are Goa Casinos a Good investment opportunity? So it came as a surprise when the state government decide to approve Delta Corps license to operate an onshore casino in the state. Adding to this perfect experience are retail as well as wedding and MICE spaces. Before we begin our equity valuation of Delta Corp; it is important to observe the facts, economy, industry outlook, financials, past performance and competitive advantages.
It offers more than gaming positions comprising 17 live gaming tables and 10 slot machines. Gambling in India is heavily restricted except for selective categories including lotteries and horse racing. Deltin Suites Casino We commenced operations of our first land based casino at Deltin Suites, our five-star property in Goa in December It also has a facility of spa, salon, gym and swimming pool.
The guiding business philosophy of Delta Corp. By Vishal Kaur on December 31, in CasinoNews 0 The gambling industry in Goa is the biggest in India and is responsible for generating a significant amount of revenue for the government. We also intend to ramp up its offerings related to rummy and also to introduce online skilled games related to fantasy sports, thereby offering a bouquet of options to customers in the online gaming space.
Delta Corp has already opened its casino to the public and games such as baccarat, blackjack and roulette are operating in full flow. There are two casinos in Sikkim called Casino Sikkim and Casino Mahjong and 10 in Goa, of which six are land based and four are floating casinos that operate on the Mandovi River. Gaming and hospitality go hand-in-hand.
The Deltin is the largest integrated resort in Daman, spread over 10 acres with approximatelysq. Rakesh JhunJhunwala is an investor and also delta corp casino in goa the board of directors of the enterprise.