CHAIRMAN
Delta Corp
POWER SCORE: 614
POSITION LAST YEAR: 45
CLAIMS TO FAME
- Owns India’s only listed casino operator
- Becoming established as India’s leader in online gaming space
- Recently expanded to Nepal and planning integrated resort in Goa
JAYDEV MODY’S Delta Corp is having a busy 2021, with various development and expansion plans extending the company’s dominance of the gaming scene in India.
In September, Delta Corp revealed that its plan to develop an IR in Pernem, north Goa, had received approval from the Goa Investment Promotion Board. The complex will include hotels, a convention center, multiplex cinema, retail area, electronic casino, a water park and other facilities.
In March, Delta Corp also said it was going to build a new ship to replace one of its three floating casinos. The ship will substitute the smaller Deltin Caravela and it is expected to be operational by mid-2022.
Nonetheless, Delta Corp has not been immune from the pressures the COVID-19 pandemic has inflicted on the global tourism and entertainment sector, announcing in October a US$3 million loss for the three months to 30 September 2021, only slightly improved from a US$3.8 million 2Q loss although significantly better than 1Q’s US$7.3 million loss.
Delta Corp’s Goa casinos shut their doors in March and only reopened in October, but the damage was somewhat limited by the growth in its online gaming business, Adda52.
For the full list of 2021 Asian Gaming Power 50 winners, click here.
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