{"id":777031204,"date":"2025-09-03T10:39:30","date_gmt":"2025-09-03T13:39:30","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777031204"},"modified":"2026-04-21T19:32:08","modified_gmt":"2026-04-21T22:32:08","slug":"delta-corp-suspends-goa-resort-project","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/delta-corp-suspends-goa-resort-project","title":{"rendered":"Delta Corp suspends Goa resort project"},"content":{"rendered":"\n

The company has suspended the project until the taxation framework is clarified.<\/p>\n\n\n\n\n\n\n\n

India.- Delta Corp has put on hold its plans for a proposed integrated resort in Dhargal, Goa. It cited uncertainty over the central government\u2019s proposed increase in the Goods and Services Tax (GST) on casinos to 40 per cent.<\/p>\n\n\n\n

The company said the project, valued between Rs20bn (US$2.2bn) and Rs25bn ($2.75bn), will be on hold until the taxation framework is clarified. The project includes various hotels, a convention centre, cinema, shopping mall, electronic casino, water park and a entertainment area for children. Completion was expected by 2027.<\/p>\n\n\n\n

Delta Corp chairman Jaydev Mody said: \u201cThe 40 per cent GST contemplated will make the entire sector unviable. It will affect thousands of jobs, reduce visitation to the state, negatively impact revenue collection, and render past industry investments redundant. Our integrated resort, which would have created direct employment for 10,000 people, will remain on hold until all GST issues are clarified.\u201d<\/p>\n\n\n\n

Earlier this year, Delta Corp sold Deltatech Gaming Limited (DGL) to Head Digital Works (HDW)<\/a> for Rs4.91bn (US$57m). DGL operates the online poker platform Adda52, while HDW operates online rummy and poker platform A23.<\/p>\n\n\n

\n\t\t\tSee also:<\/span><\/p>\n
\n\t\t\t\t\"\"<\/p>\n

\n\t\t\t\t\tSee also:<\/span> Hard Rock International to develop hotel and residences in United Arab Emirates<\/a>\n\t\t\t\t<\/p>\n<\/p><\/div>\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"

The company has suspended the project until the taxation framework is clarified.<\/p>\n","protected":false},"author":218,"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 has suspended its proposed Rs20bn-Rs25bn integrated resort project in Dhargal, Goa, citing uncertainty over the Indian central government's potential increase of Goods and Services Tax (GST) on casinos to 40%. Chairman Jaydev Mody stated such a tax rate would render the entire gaming sector unviable, impacting employment, tourism, and existing investments. This decision follows Delta Corp's recent sale of Deltatech Gaming Limited.","focusai_entities":"Delta Corp, Jaydev Mody, Deltatech Gaming Limited, Head Digital Works, Adda52, A23","focusai_location":"India, Goa, Dhargal","focusai_target_profile":"ceo_executive (1.0), regulator (1.0), compliance_legal (0.7), operator_casino (1.0), investor_analyst (1.0), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"GST Impact on IR Viability","query":"What is the projected long-term impact of a 40% GST on the overall viability of India's integrated resort and casino market, considering potential cascading effects on tourism and ancillary industries?"},{"label":"Investor Confidence in India","query":"How might Delta Corp's decision to suspend its Dhargal IR project influence the investment appetite of other domestic and international capital market participants in the Indian gaming sector?"}],"footnotes":""},"categories":[157,16334],"tags":[23890],"class_list":["post-777031204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news","category-south-asia-news","tag-delta-corp"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031204","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\/218"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777031204"}],"version-history":[{"count":5,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031204\/revisions"}],"predecessor-version":[{"id":777031214,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777031204\/revisions\/777031214"}],"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=777031204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777031204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777031204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}