{"id":23446,"date":"2021-10-12T09:40:20","date_gmt":"2021-10-12T12:40:20","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=23446"},"modified":"2026-04-23T14:54:36","modified_gmt":"2026-04-23T17:54:36","slug":"delta-corp-posts-us5-5m-in-gross-income-for-q3","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/delta-corp-posts-us5-5m-in-gross-income-for-q3","title":{"rendered":"Delta Corp posts US$5.5m in gross income for Q3"},"content":{"rendered":"\n

The Indian gaming company reported a rise in gross income during the third quarter of the year.<\/p>\n\n\n\n\n\n\n\n

India.- Delta Corp has reported\u00a0gross income of Rs41.6 crore (US$5.5m)<\/strong>\u00a0for the third quarter of the year.\u00a0The company also revealed an increase in gaming operations from Rs28.5 crore to Rs32.6 crore when compared to the previous quarter.<\/p>\n\n\n\n

Delta Corp\u2018s casinos in Goa<\/a>\u00a0have been closed since April 29. In May\u00a0the company<\/a>\u00a0asked authorities for\u00a0a waiver on licence fees\u00a0<\/strong>due to the impact on its venues. The company was\u00a0allowed to reopen<\/a>\u00a0for\u00a0those who are fully vaccinated or provide a negative Covid-19 test in September.<\/strong><\/p>\n\n\n\n

Delta Corp was able to reopen its venue in\u00a0Sikkim<\/a>\u00a0in the first week of July.<\/p>\n\n\n\n

Goa\u2019s offshore casinos get twelve-month extension<\/h2>\n\n\n\n

Goa\u2019s state cabinet<\/a> has granted a twelve-month extension for off-shore casinos to continue<\/strong> to operate on the Mandovi River in Panaji<\/strong> until October 1, 2022. According to The Times of India, the government had identified four possible sites to relocate casinos but all were found to be technically not feasible.<\/p>\n\n\n\n

Authorities have proposed extending the time limit for shifting offshore casinos from the river until next year. An extension had been previously settled<\/a> in February. At the time, Chief Minister Pramod Sawant said casinos were going to remain where they are until an alternative location is found<\/strong>.<\/p>\n\n\n\n

The government had found a location along the coast in Verem, near Reis Magos, and one of the casino operators has agreed to move to that location, but the was opposition from Saligao MLA Jayesh Salgaonkar.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Indian gaming company reported a rise in gross income during the third quarter of the year.<\/p>\n","protected":false},"author":176,"featured_media":17272,"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 reported a rise in Q3 gross income to Rs41.6 crore (US$5.5m) and an increase in gaming operations, despite its Goa casinos being closed for part of the quarter. Concurrently, Goa's state cabinet granted a twelve-month extension for offshore casinos to operate on the Mandovi River until October 2022, citing technical infeasibility of proposed relocation sites.","focusai_entities":"Delta Corp, Pramod Sawant, Jayesh Salgaonkar","focusai_location":"India, Goa, Sikkim, Panaji, Mandovi River, Verem, Reis Magos, Saligao","focusai_target_profile":"ceo_executive (0.9), regulator (0.95), compliance_legal (0.85), operator_casino (0.9), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Goa Casino Relocation Strategy","query":"What are the specific technical and political impediments preventing the permanent relocation of offshore casinos from the Mandovi River, and what is the long-term regulatory strategy for these assets beyond the October 2022 extension?"},{"label":"Delta Corp Q3 Performance Analysis","query":"How do the Q3 gross income figures and the reopening of venues in Goa and Sikkim position Delta Corp for Q4 performance, particularly considering the ongoing regulatory uncertainties regarding license fees and offshore casino relocation?"}],"footnotes":""},"categories":[163,158,16333],"tags":[23890],"class_list":["post-23446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-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\/23446","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=23446"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23446\/revisions"}],"predecessor-version":[{"id":23477,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23446\/revisions\/23477"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/17272"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=23446"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=23446"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=23446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}