Delta Corp Casino In Goa

© India Today Group Delta Corp share rises over 3% as casinos in Goa to resume operations

Delta Corp share price rose over 3% percent intraday after the firm on November 2 said it would open casinos in Goa with immediate effect. The stock touched an intraday high of Rs 114.3, rising 3.3% on BSE. The share trades higher than 20 day, 50 day, 100 day and 200 day moving averages but lower than 5 day moving averages.

The share has lost 45.39% in one year and fallen 43.12% since the beginning of this year. It touched 52-week high of Rs 224.75 on December 2, 2019 and a 52-week low of Rs 54 on March 25, 2020..

Delta Corp Casino In Goa

Delta Corp is the only listed company engaged in the casino (live, electronic and online) gaming industry in India. It currently own and operate casinos in Goa and Sikkim, offering approximately. Deltin, owned by Delta Corp Ltd is the best floating casino in Goa, perhaps one of the casino in India that offers the best gaming and hospitality services.

Total 0.58 lakh shares changed hands amounting to turnover of Rs 64.93 lakh. Market cap of the firm rose to Rs 3004 crore on BSE. Later , the share closed 1.76% or Rs 1.95 higher at Rs 112.60.

Delta Corp Casino In Goa

'We would like to inform you that our casinos in Goa will resume operations with immediate effect, in accordance with applicable safety norms prescribed by the and Central Government. You are requested to take the same on record,' the firm said in communication to BSE on November 2.

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Delta Corp is the only listed company engaged in the casino (live, electronic and online) gaming industry in India. It currently own and operate casinos Goa and Sikkim. In addition, the company also own and operate the online poker site 'Adda52.com', the online rummy site 'Adda52rummy.com' and the online fantasy sports site 'LeagueAdda.com'. Delta Corp shares rose more than 3 percent in trading in India after the operator announced it has won approval to build an integrated resort in Goa. Delta jumps on winning approval for Goa resort (Business Times).

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On October 28, the Goa government allowed casinos in the state to restart operations from November 1, which were shut since March-end when the Covid-19 pandemic broke out in the country.

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Announcing the decision, Goa chief minister Pramod Sawant said that the decision was taken with a view to 'promote tourism activity in the state.' The casinos in the state had been urging the government to allow the restart of operations, which they said would help boost the tourism arrivals in the state and provide an added attraction to tourists visiting the state.