Goa casino closure extended for another week
The Covid-19 countermeasures in Goa have been extended for at least another week.
India.- Delta Corp‘s casino remain closed in Goa as the state extends Covid-19 countermeasures until at least July 26. The casino has been closed since April 29.
The countermeasures were last up for reconsideration on July 19, but the government has decided to extend them for at least a week. The Ministry of Health reported 120 new Covid-19 cases in the last 24 hours.
Delta Corp said: “Due to the surge in Covid-19 cases being witnessed in Goa, the Government of Goa inter-alia has extended the restrictions in the state till 26 July 2021.
“Accordingly, the casinos operated by the company and its subsidiaries in Goa will remain closed during this period.”
In May, the company asked authorities for a waiver on licence fees due to the impact on its venues.
Delta Corp was able to reopen its venue in Sikkim in the first week of July.
Delta Corp reports net loss of Rs28.93 crore for Q1
Delta Corp has reported a consolidated net loss of Rs28.93 crore for the first quarter of the year. That compares to a profit of Rs57.77 crore in the previous quarter.
Net sales declined 64.1 per cent from Rs211.34 crore to Rs75.87 crore when compared to the fourth quarter of last year, but were up 57 per cent year-on-year.
The company reported that net sales from the casino division were negative Rs34.55 crore while revenue from its online skill gaming division was Rs43.28 crore, up 9.7 per cent when compared to the previous quarter. Casino gaming revenue stood at Rs41.43 crore.
