Delta Corp’s request for a casino licence in Daman and Diu will be heard in Bombay High Court on September 8.<\/p>\n\n\n\n\n\n\n\n
India.-Delta Corp<\/strong> will have a hearing related to its writ petition seeking a casino licence in the union territory of\u00a0Daman and Diu<\/strong>, north of Mumbai. The petition is scheduled for deliberation before the Bombay High Court on September 8 under Section 13A of the Goa, Daman and Diu Public Gambling Act, 1976.<\/p>\n\n\n\n A Delta Corp subsidiary established The Deltin, a five-star resort in Daman<\/strong>, ten years ago. In 2018, the company approached the High Court after the administration failed to respond to its licence application from 2014.<\/p>\n\n\n\n The respondents listed in the petition include the U.T. Administration of Daman and Diu, the Administrator of the U.T. of Daman and Diu, and the Director of Tourism, U.T. Administration of Daman and Diu.<\/p>\n\n\n\n Deltin Group currently has two offshore casinos and one 5-star hotel with a land-based casino in Goa and one land-based casino each in Sikkim and\u00a0Nepal<\/a>. It posted a net profit of Rs679.1m (US$8.3m) for the second quarter of the year, up 19 per cent year-on-year and up 33.33 per cent\u00a0when compared to the previous quarter<\/a>. Revenue rose by 9 per cent in year-on-year terms to Rs2.72bn (US$33.29m).<\/p>\n\n\n\n Revenue from casino operations was up 10.7 per cent year-on-year to Rs 2.77bn (US$33.8m). Meanwhile, revenue from the group\u2019s online skill gaming operations dropped 1.6 per cent to R430.12m (US$5.25m). Revenue from hospitality was Rs171.8m (US$2.1m).<\/p>\n","protected":false},"excerpt":{"rendered":" Delta Corp’s request for a casino licence in Daman and Diu will be heard in Bombay High Court on September 8.<\/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's writ petition seeking a casino license in Daman and Diu will be heard by the Bombay High Court on September 8, a decade after establishing a resort there and years after its initial application. This legal proceeding under the Goa, Daman and Diu Public Gambling Act is critical for the operator's strategic expansion. The company recently reported a 19% YoY increase in Q2 net profit, with casino operations revenue up 10.7%, despite a slight dip in online skill gaming revenue.","focusai_entities":"Delta Corp, The Deltin, Bombay High Court, U.T. Administration of Daman and Diu, Administrator of the U.T. of Daman and Diu, Director of Tourism, U.T. Administration of Daman and Diu, Deltin Group","focusai_location":"India, Daman and Diu, Mumbai, Goa, Sikkim, Nepal","focusai_target_profile":"ceo_executive (0.9), regulator (0.9), compliance_legal (0.95), operator_casino (0.9), investor_analyst (0.95), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Daman license impact?","query":"What are the potential GGR and NGR implications for Delta Corp's overall portfolio if the Daman and Diu casino license is granted or denied, considering its existing operations in Goa, Sikkim, and Nepal?"},{"label":"Regulatory precedent?","query":"How might the Bombay High Court's ruling on Delta Corp's writ petition establish a precedent for future B2B\/B2C licensing applications under the Goa, Daman and Diu Public Gambling Act, particularly concerning administrative inaction?"}],"footnotes":""},"categories":[28,16334],"tags":[23890],"class_list":["post-777008843","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casino-news","category-south-asia-news","tag-delta-corp"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008843","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=777008843"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008843\/revisions"}],"predecessor-version":[{"id":777008851,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777008843\/revisions\/777008851"}],"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=777008843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777008843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777008843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}