{"id":9126,"date":"2020-08-18T22:51:12","date_gmt":"2020-08-18T22:51:12","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=9126"},"modified":"2026-04-24T02:38:39","modified_gmt":"2026-04-24T05:38:39","slug":"delta-expects-return-to-normalcy-this-fiscal-year","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/delta-expects-return-to-normalcy-this-fiscal-year","title":{"rendered":"Delta expects \u201creturn to normalcy\u201d this fiscal year"},"content":{"rendered":"\n<p>Most of the Indian operator\u2019s casino business remains under lockdown but its online gaming unit is growing.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>India.- The gaming operator Delta expects to return to normal operating conditions by the end of the current fiscal year.<\/p>\n\n\n\n<p>In a filing to India\u2019s National Stock Exchange, it said: \u201cThe management believes that normalcy could be gradually restored during the financial year ending March 31, 2021.\u201d<\/p>\n\n\n\n<p>Delta is the only listed company in India with online casinos as well as land-based venues in the states of Goa and Sikkim. Through the Covid-19 crisis the company has <strong><em><a href=\"https:\/\/focusgn.com\/asia-pacific\/delta-casino-finances-crisis\" target=\"_blank\" rel=\"noreferrer noopener\">remained confident<\/a><\/em><\/strong> although revenues were inevitably impacted by lockdown measures. \u00a0<\/p>\n\n\n\n<p>Its casinos and hotels had to suspend operations due to measures to fight Covid-19 in the third week of March 2020. Only the hotel at Daman has resumed its operations since June 16.<\/p>\n\n\n\n<p>Delta said it had already implemented a \u201cwork from home\u201d policy for many of its employees before the government mandated such measures, and also implemented safety conditions in its hotels and casinos to protect guests and staff.<\/p>\n\n\n\n<p>In the filing Delta added: \u201cWe will consider the timing of reopening of our other casinos and hotels depending on the timing of easing of lockdowns and other restrictive measures by the Government.\u201d<\/p>\n\n\n\n<p>It said that while there was an impact on revenues of the casino and hospitality operations, Delta\u2019s \u201conline skill gaming business continues to operate and grow.\u201d<\/p>\n\n\n\n<p>Delta entered the online gaming market with poker site Adda52 through the acquisition of Gauss Networks. The company also holds three of the six offshore gaming licenses issued in Goa, as well as its one land-based casino in Goa and one in Sikkim.<\/p>\n\n\n\n<p>When reporting financial results for the second quarter of 2020, Delta posted a <strong><em><a href=\"https:\/\/focusgn.com\/asia-pacific\/indias-delta-corp-sees-surge-in-online-revenue\" target=\"_blank\" rel=\"noreferrer noopener\">60 per cent increase<\/a><\/em><\/strong> in revenue year-on-year for the online business.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Most of the Indian operator\u2019s casino business remains under lockdown but its online gaming unit is growing.<\/p>\n","protected":false},"author":2,"featured_media":9128,"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, India's sole listed gaming operator, anticipates a gradual return to normal operating conditions for its land-based casino and hospitality segments by the end of the current fiscal year, March 31, 2021, despite ongoing lockdown impacts. While its physical venues in Goa and Sikkim faced suspensions, the company's online skill gaming business, including Adda52, demonstrated significant growth, reporting a 60% year-on-year revenue increase in Q2 2020. This highlights a strategic pivot and resilience in its digital offerings amidst a challenging operational environment for its traditional assets.","focusai_entities":"Delta, Gauss Networks, Adda52, National Stock Exchange","focusai_location":"India, Goa, Sikkim, Daman","focusai_target_profile":"ceo_executive (0.9), regulator (0.7), compliance_legal (0.7), operator_casino (0.9), supplier_vendor (0.7), investor_analyst (0.95), journalist_researcher (0.9)","focusai_suggestions":[{"label":"Online Growth Drivers","query":"What specific strategic initiatives and market conditions underpinned Delta Corp's 60% YoY online gaming revenue growth, and how sustainable is this trajectory as land-based operations resume?"},{"label":"Reopening Regulatory Impact","query":"What are the anticipated regulatory compliance requirements and operational expenditure implications for Delta Corp's land-based casinos upon reopening, and how will these affect their GGR forecasts?"}],"footnotes":""},"categories":[163,16334],"tags":[58,4138],"class_list":["post-9126","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","category-south-asia-news","tag-india","tag-online-gambling"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/9126","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=9126"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/9126\/revisions"}],"predecessor-version":[{"id":9141,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/9126\/revisions\/9141"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/9128"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=9126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=9126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=9126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}