{"id":6553,"date":"2020-05-19T11:23:01","date_gmt":"2020-05-19T11:23:01","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=6553"},"modified":"2026-04-24T05:08:39","modified_gmt":"2026-04-24T08:08:39","slug":"delta-casino-finances-crisis","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/delta-casino-finances-crisis","title":{"rendered":"Delta Corp confident with finances despite crisis"},"content":{"rendered":"\n

The India-based company said it does not expect any significant impact of the pandemic on its financial results for the year ended March 31, 2021. <\/p>\n\n\n\n\n\n\n\n

India.- Casio operator Delta Corp has said it is confident about its financial results despite the ongoing Covid-19 pandemic.<\/p>\n\n\n\n

The India-based company said the crisis had not had a significant impact on its financial results for the year ended March 31, 2021. <\/p>\n\n\n\n

In its latest report, the company revealed a total income of 191.3 crores (US$25.3million) for the year ended March 31, 2020, down from 213.53 crores in 2019.\u00a0<\/p>\n\n\n\n

Profit for the year ended March 31, 2020, reached 29 crores, down from 57.3 crores in the prior-year period. <\/p>\n\n\n\n

The company said it was confident with its financiers and remained debt-free. <\/p>\n\n\n\n

“The group is debt-free and would have adequate liquidity available to honour its liabilities and obligations, as and when due,” Delta Corp said in its report.<\/p>\n\n\n\n

Delta Corp was forced to suspend all land-based operations from the third week of March 2020, shortly before the end of its reporting period. <\/p>\n\n\n\n

However, the company has already reported that the Goa, Sikkim, and Daman region<\/a><\/em><\/strong>s<\/em><\/strong><\/a> have been declared Covid-free with effect from May 1, 2020. <\/p>\n\n\n\n

These regions are home to the majority of its land-based gaming venues<\/a><\/em><\/strong>. <\/p>\n\n\n\n

The government has also announced it will lift the lockdown in phases, and it is expected that a “new normal” will be achieved over the next year, the company said. <\/p>\n","protected":false},"excerpt":{"rendered":"

The India-based company said it does not expect any significant impact of the pandemic on its financial results for the year ended March 31, 2021. <\/p>\n","protected":false},"author":2,"featured_media":6560,"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, an Indian casino operator, anticipates no significant financial impact from the pandemic for FY2021, despite a decline in FY2020 income and profit. The company, which is debt-free, suspended land-based operations in March 2020 but notes key gaming regions are now COVID-free, with phased lockdown lifting expected.","focusai_entities":"Delta Corp","focusai_location":"India, Goa, Sikkim, Daman","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), operator_casino (0.9), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"FY21 Impact Analysis","query":"What specific operational adjustments and cost containment measures did Delta Corp implement to mitigate the pandemic's impact on its FY2021 financial outlook, despite the FY2020 decline?"},{"label":"Regional Reopening Strategy","query":"Given the declaration of Goa, Sikkim, and Daman as COVID-free, what is Delta Corp's projected timeline and phased strategy for the full resumption of land-based gaming operations, and what are the anticipated GGR recovery rates?"}],"footnotes":""},"categories":[160,16338,163,158],"tags":[12436,58],"class_list":["post-6553","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-east-asia-news","category-finance-news","category-slider-home","tag-casinos","tag-india"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/6553","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\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=6553"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/6553\/revisions"}],"predecessor-version":[{"id":21688,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/6553\/revisions\/21688"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/6560"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=6553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=6553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=6553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}