Delta Corp is in the process of starting a five-star hotel in Daman that will also play host to a casino. The company’s earnings in the current year have grown about 60% and that for the full year, it expects the numbers would be better than estimates.
The company owns three offshore casinos in Goa, logged a half-yearly operating profit of Rs 107 crore on sales of Rs 409 crore in FY14.
Delta Corp is the largest gaming company in India and the only listed company in this space. The company is an early entrant in this space and has attained a leadership position in a short span of time.