• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Delta Corp to start casino operations in Sikkim

Jan 19, 2017 Newsdesk Latest News, Rest of Asia, Top of the deck  


Delta Corp to start casino operations in Sikkim

Delta Corp Ltd, India’s only listed gaming company, announced this week it will commence operations of a casino in the Indian state of Sikkim. The company had already secured a provisional licence from the state government in July, the firm said in a filing on Tuesday to the Bombay Stock Exchange.

Delta Corp had signed last year “a leave and licence agreement” for premises in the Denzong Regency Hotel (pictured), in Gangtok, the capital city of Sikkim. The landlocked Indian state is located in the Himalayas mountain range, bordering Nepal and the Indian state of West Bengal.

“Further to our communication dated July 26, 2016 with reference to issue of a provisional gaming licence for Sikkim, we would like to inform you that the company … has been issued a licence for operations of a casino in Gangtok, Sikkim, under the Sikkim Casino (Control & Tax) Act, 2002,” Delta Corp said in its latest filing.

It added: “The company is fully ready to commence its casino operations and will do so immediately.”

Delta Corp had previously said that it would operate a “live gaming casino” in Sikkim, “offering approximately 150 gaming positions”.

Currently, only two Indian states – Goa and Sikkim – allow some form of casino gaming. Sikkim has two casinos, while Goa offers about 15 gaming venues, according to an April 2016 report from consulting firm Global Market Advisors LLC (GMA).

The casino at Denzong Regency Hotel will be Gangtok’s third: Casino Sikkim and Casino Mahjong are the two gaming venues currently in operation in the Indian state. According to GMA, to enter either of the existing casinos, patrons must provide proof of age and pay entrance fees ranging from US$15 to US$53.

Delta Corp, controlled by businessman Jaydev Mody, already operates several casinos in the Indian state of Goa.

In October, the company reported consolidated income from gaming operations for the July to September period was INR1.24 billion (US$18.5 million), up by 45.8 percent year-on-year.


  • tweet
Related articles
  • Nepal govt revokes 3 casino licences over unpaid dues: report
    Nepal govt revokes 3 casino licences...

    Apr 04, 2022  

  • Sands China to pay US$6mln for Macau licence extension
    Sands China to pay US$6mln for Macau...

    Mar 28, 2022  

More news
  • Macau ops share junket deposit liability: Macau top court
    Macau ops share junket deposit...

    May 16, 2022  

  • Macau repeat visitors denied visa by China says Bernstein
    Macau repeat visitors denied visa by...

    May 16, 2022  


Latest News

Macau ops share junket deposit liability: Macau top court

Macau ops share junket deposit liability: Macau top court

May 16, 2022  

Macau’s Court of Final Appeal announced on Monday sentences in relation to a total of nine cases concerning debt claims involving junket operators based at local casinos. In all the cases, the...
Read More
Macau repeat visitors denied visa by China says Bernstein

Macau repeat visitors denied visa by China says Bernstein

May 16, 2022  

Macau satellite profit model still in doubt: industry

Macau satellite profit model still in doubt: industry

May 16, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”Any reduction in [Macau gaming] tax would be positive for future profits and cash flows, all else equal”

DS Kim, Amanda Cheng and Livy Lyu

Analysts at brokerage JP Morgan Securities (Asia Pacific)



Most Popular

  • Macau mulls GGR tax cut if casinos attract foreign playersMacau mulls GGR tax cut if casinos attract foreign players May 13, 2022
  • Macau GGR tax cut may spur 15pct EBITDA hike: JP MorganMacau GGR tax cut may spur 15pct EBITDA hike: JP Morgan May 16, 2022
  • Macau modifies satellite owner plan, rev share ban staysMacau modifies satellite owner plan, rev share ban stays May 13, 2022
  • Macau repeat visitors denied visa by China says BernsteinMacau repeat visitors denied visa by China says Bernstein May 16, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us