{"id":20247,"date":"2021-07-14T14:28:11","date_gmt":"2021-07-14T14:28:11","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=20247"},"modified":"2026-04-23T17:38:21","modified_gmt":"2026-04-23T20:38:21","slug":"goa-casinos-will-remain-closed-until-at-least-july-19","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/goa-casinos-will-remain-closed-until-at-least-july-19","title":{"rendered":"Goa casinos will remain closed until at least July 19"},"content":{"rendered":"\n

Authorities in Goa have extended countermeasures until at least July 19 as Covid-19 cases remain high.<\/p>\n\n\n\n\n\n\n\n

India.-\u00a0Delta Corp<\/strong>\u00a0has confirmed that its casinos in Goa will remain\u00a0closed until at least July 19.<\/strong><\/p>\n\n\n\n

State authorities have announced that current countermeasures will continue<\/strong> as the number of Covid-19 cases remains high.<\/p>\n\n\n\n

Delta Corp said it was unable to estimate the potential losses\u00a0<\/strong>on account of the temporary closure. Casinos in Goa<\/a>\u00a0have been\u00a0closed since April 29<\/strong>. In May,\u00a0Delta Corp<\/a>\u00a0asked authorities for\u00a0a waiver on licence fees\u00a0<\/strong>due to the impact on its venues.<\/p>\n\n\n\n

It reported that it is debt-free and has adequate liquidity available<\/strong> to comply with its liabilities and obligations, but management asked the state government of Goa for a reduced payment mechanism for its casino licence fees<\/strong> for the period from April 2020 to October 2020. <\/p>\n\n\n\n

Delta Corp<\/a> reported a consolidated net loss of Rs28.93 crore<\/strong> for the first quarter of the year. That compares to a profit of Rs57.77 crore in the previous quarter.<\/p>\n\n\n\n

Net sales declined 64.1 per cent from Rs211.34 crore to Rs75.87 crore<\/strong> when compared to the fourth quarter of last year, but were up 57 per cent year-on-year.<\/p>\n\n\n\n

The company reported that net sales from the casino division were negative<\/strong> 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.<\/p>\n","protected":false},"excerpt":{"rendered":"

Authorities in Goa have extended countermeasures until at least July 19 as Covid-19 cases remain high.<\/p>\n","protected":false},"author":176,"featured_media":17632,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Delta Corp's Goa casinos will remain closed until at least July 19 due to extended COVID-19 countermeasures, resulting in a Q1 consolidated net loss of Rs28.93 crore. Despite being debt-free with adequate liquidity, the company has formally requested a waiver on casino license fees from the Goa government. Concurrently, its online skill gaming division reported positive revenue growth, partially offsetting land-based operational impacts.","focusai_entities":"Delta Corp","focusai_location":"Goa, India","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (0.8), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"License Fee Waiver Impact","query":"What is the likelihood of the Goa government granting Delta Corp's license fee waiver request, and what precedent would this establish for other operators facing similar operational disruptions?"},{"label":"Online Gaming Strategy","query":"How will Delta Corp leverage the positive performance of its online skill gaming division to mitigate land-based operational risks and inform its long-term diversification strategy within the Indian market?"}],"footnotes":""},"categories":[28,158,16333],"tags":[23890],"class_list":["post-20247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-slider-home","category-south-east-asia-news","tag-delta-corp"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=20247"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20247\/revisions"}],"predecessor-version":[{"id":20271,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/20247\/revisions\/20271"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17632"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=20247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=20247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=20247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}