• 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

India’s Delta Corp aims to operate a casino in Nepal

Oct 30, 2017 Newsdesk Latest News, Rest of Asia, Top of the deck  


India’s Delta Corp aims to operate a casino in Nepal

Delta Corp Ltd, India’s only listed gaming company, announced last week it has signed a memorandum of understanding to operate a casino in Nepal’s capital Kathmandu. This would mark the firm’s first foray outside India’s gaming market.

The agreement was signed with Everest Hospitality and Hotel Pvt Ltd, “for leasing space at the upcoming five-star Marriott Hotel in Kathmandu, Nepal,” said Delta Corp in a filing to the Bombay Stock Exchange.

Everest Hospitality and Hotel is a subsidiary of Nepal-based hospitality firm MS Group. The 235-room Marriott-branded hotel is scheduled to open next year, in the Naxal area of Kathmandu. Marriot International Inc manages another hotel property in Nepal – developed by the MS Group – that opened earlier this year.

“Delta will initiate steps to obtain a casino licence from the Government of Nepal and the commencement of operations of the casino will be subject to receipt of this licence,” stated the casino firm in its latest filing.

It added: “With this proposed casino in Kathmandu, Delta aims to expand its imprint outside India, in line with its strategy of expanding in the region.”

Delta Corp, controlled by businessman Jaydev Mody, currently operates casinos in the Indian states of Goa and Sikkim.

Nepal is already host to a few casino venues. Boutique Asian casino operator and developer Silver Heritage Group Ltd said last month it had a soft opening – for hotel accommodation-only – of its Tiger Palace Resort Bhairahawa in Nepal. The firm is targeting to open the casino by November 30, 2017.


  • tweet
Related articles
  • Hyatt Place casino Nepal to be run by Rank Ent: reports
    Hyatt Place casino Nepal to be run by...

    May 12, 2022  

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

    Apr 04, 2022  

More news
  • Kangwon drove 2021 S.Korea casino revenue growth: govt
    Kangwon drove 2021 S.Korea casino...

    May 18, 2022  

  • Over 7.9mln Bloomberry shares vested to some senior execs
    Over 7.9mln Bloomberry shares vested to...

    May 18, 2022  


Latest News

Kangwon drove 2021 S.Korea casino revenue growth: govt

Kangwon drove 2021 S.Korea casino revenue growth: govt

May 18, 2022  

Gambling revenue in South Korea’s casino market rose by 13.3 percent year-on-year in 2021, to KRW1.18 trillion (US$931.0 million), from KRW1.04 trillion in 2020, according to data from the Ministry...
Read More
Over 7.9mln Bloomberry shares vested to some senior execs

Over 7.9mln Bloomberry shares vested to some senior execs

May 18, 2022  

Light & Wonder sets US1.4bln AEBITDA target for 2025

Light & Wonder sets US1.4bln AEBITDA target for 2025

May 18, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day


US$10 billion

Target set by gaming equipment and online content provider Light & Wonder for total capital creation from 2022 to 2025



Most Popular

  • Wynn CEO, Macau execs in base pay cut in return for sharesWynn CEO, Macau execs in base pay cut in return for shares May 17, 2022
  • Macau repeat visitors denied visa by China says BernsteinMacau repeat visitors denied visa by China says Bernstein May 16, 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 mulls GGR tax cut if casinos attract foreign playersMacau mulls GGR tax cut if casinos attract foreign players May 13, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us