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Delta Corp to set up new integrated resort in Goa Business

Delta Corp To Set Up New Integrated Resort In Goa

by Manthra Koliyer Posted on 15 Dec, 2020

After casino hotspots like Singapore, Macau, and Manila in Asia, India too is all set to get its own Integrated Resort (IR) very soon according to a public filing by Mumbai-based Delta Corp. The company has received in-principle approval from the state government to set up an IR at Pernem, a city located in North Goa. The space, approved by the Goa Investment Promotion and Facilitation Board will consist of hotels, convention centers, multiplex cinemas, retail area, electronic casino, water park, and several other facilities. This integrated resort is touted to be a one-of-a-kind facility.

Delta Corp is an Indian gaming and hospitality corporation that currently owns and operates several casinos in Goa, Sikkim, and Daman. Delta Corp offers approximately 1,800 gaming positions and is one of the largest gaming companies in India. It is the only public-listed company in India, which is engaged in casino gaming.

This move by Delta Corp is a very crucial step for the state of Goa. There has always been a debate about the existence of floating casinos at Mandovi river and this integrated resort could be the solution as it will be located at Pernem on land. The highly anticipated resort will boost the tourism industry, create jobs, help in increasing revenue and infrastructure in Goa. The resort will be incorporating all the top-notch facilities that casino lovers have been longing for. Delta Corp’s initiative will surely add vibrancy to the already booming industry.

The shares of Delta Corp have also risen to 3.16% to INR 161.75 after the company announced that it received regulatory approval for setting up an integrated resort in Goa on Saturday (12 December). One of Delta Corp’s casinos is known to be the largest in Asia. From pioneers like them, one can only expect the best for the future of the industry and the sector of tourism.

You can also take a look at the grandeur of Delta Corp’s casinos in Sikkim and Daman. To know more about the industry and it’s progress, keep reading GutshotMagazine.com

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