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Delta Corp To Sell Adda52 Parent Company For ₹491 Crore

In what’s a significant shakeup for the Indian online and real-money gaming industry, Delta Corp, the parent company of several casinos in India, is all set to sell Adda52‘s parent company, Deltatech Gaming, to Head Digital Works, the parent company of A23 Poker. The deal is said to be worth ₹491 Crore. After the agreement, Delta Corp will have a 5.9% stake in Head Digital Works.

The deal will occur in two phases. Head Digital Work will receive a 51% stake in Deltatech Gaming for ₹34.8 Crore. After swapping its equity shares, Delta Corp will have a 2.8% stake in Head Digital Works.

Established in 1990, Delta Corp Limited is one of India’s leading gaming and hospitality companies. It operates several casinos in Goa, including Deltin Royale, Deltin Jaqk, and Deltin Caravela, which are among the country’s best-known offshore casinos.

It also has a presence in Sikkim and Nepal, offering a range of gaming and entertainment experiences. The company has expanded into online gaming through its subsidiary Adda52, which provides poker and other skill-based games.

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A23 is one of India’s leading online gaming platforms, offering a variety of skill-based games such as rummy, poker, and fantasy sports. Launched by Head Digital Works, A23 (formerly Ace2Three) was one of the first platforms to introduce online rummy in India, helping to popularize skill-based card games in the digital space.

With four of the biggest online and Indian real-money gaming brands coming together, there could be several changes on the ground. To begin with, Adda52 has collaborated with the Deltin Poker Tournament or their latest iteration, DPT Xpress 2025, which took place at the Deltin Royale in Goa. How this sale and consolidation will affect the market will be seen later.

The brand has also undergone internal changes, including demerging of its real estate and online gaming businesses and completely overhauling the Deltin Royale casino.

The Indian real-money and poker industry has undergone some massive changes, both internally and externally. This one is just another change that might have some serious repercussions in the industry. Whether they will be for the good or better is anyone’s guess at the moment.

Gutshot Magazine provides all the latest updates on the real-money gaming and poker industry. We also have exclusive coverage of poker tournaments, from tournament itineraries to interviews with some of the industry’s biggest names. We also monitor any government and federal decisions that might impact the poker industry.

For more updates from the poker world, keep reading GutshotMagazine.com. Follow us on Facebook, Instagram, Twitter and Telegram.

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