Delta Corp
{{Short description|Indian casino company}}
{{Use dmy dates|date=November 2023}}
{{Use Indian English|date=April 2018}}
{{Infobox company
| name = Delta Corp Limited
| logo = Delta Corp Limited.png
| type = Public
| traded_as = {{BSE|532848}}
{{NSE|DELTACORP}}
| founded = {{start date and age|1985}}
| area_served = Worldwide
| key_people = Jaydev Mody (chairman)
| industry = Casino
Hospitality
Online gambling
| hq_location = Delta House,
Hornby Vellard Estate,
Dr. Annie Besant Road,
Next to Copper Chimney,
Worli, Mumbai – 400018
| hq_location_city = Pune, Maharashtra, India{{cite news |title=Pune's Delta Corp Ltd Forays into Online Gaming; Acquires Poker Site Adda.com For $27 Mn |url=https://inc42.com/flash-feed/adda-com-acquisition/ |access-date=25 May 2022 |work=Inc42 Media |date=1 September 2016 |language=en}}
| revenue = {{increase}} {{INRconvert|1067|c}} (FY23)
| profit = {{increase}} {{INRconvert|261|c}} (FY23){{cite web |title=Delta Corp Ltd Q4FY23 consolidated PAT at Rs. 51.17 crores|url=https://www.equitybulls.com/category.php?id=330019 |publisher=Equity Bulls |access-date=12 July 2023}}
| website = {{URL|http://www.deltacorp.in/}}
}}
Delta Corp Limited, formerly Arrow Webtex Limited, is an Indian Public company specializing in gaming and hospitality. The firm's primary assets encompass offshore Casino and hospitality services, operating under the Deltin Casinos & Hotels brand. The company engages in various forms of casino gaming, including live, electronic, and online platforms, with a significant focus on operations in Goa.
History
Delta Corp Limited was initially established on 5 November 1985, as a privately held company known as Creole Holdings Company Private Limited. Following the acquisition of shares by the Finolex Group, the company underwent a transition into a deemed public limited company and changed its name to Creole Holdings Company Ltd on 2 June 1992. During the period of 2003–04, Finolex Cables Limited divested its shareholdings, leading to the company no longer being a subsidiary. On 25 September 2003, the company was transformed into a private limited company.{{Cite web|url=https://www.edelweiss.in/stocks/delta-corp-ltd/company-history/17211.html|title=Delta Corp Ltd|website=Edelweiss|accessdate=23 February 2017}} In 2007, it was rebranded as Arrow Webtex Limited, and in 2008, it adopted its current name, Delta Corp Limited.{{Cite web|url=http://economictimes.indiatimes.com/delta-corp-ltd/infocompanyhistory/companyid-9453.cms|title=Delta Corp Ltd.|website=The Economic Times|accessdate=23 February 2017}}
Divisions
= Offshore casinos and casino hotels =
On 1 December 2015, Delta Corp Limited announced that it had been granted a license to operate a casino at its Deltin Suite hotel in Goa.{{Cite web|url=http://www.business-standard.com/article/news-cm/delta-corp-inches-up-after-bagging-license-for-a-casino-in-goa-115120200240_1.html|title=Delta Corp inches up after bagging license for a casino in Goa|work=Business Standard|date=2 December 2015 |accessdate=8 September 2016}} Subsequently, the Government of Goa extended the company's offshore casino license to allow on the Mandovi River, with annual renewals subject to license fees and compliance with government regulations.{{Cite web|url=http://economictimes.indiatimes.com/markets/stocks/news/delta-corp-surges-as-goa-extends-offshore-casino-licenses/articleshow/51724400.cms|title=Delta Corp surges as Goa extends offshore casino licenses |work= The Economic Times|date=7 April 2016|accessdate=23 February 2017}}
As of 2025, Deltin owns a total of seven properties spread across Goa, Sikkim, and Daman. Their holdings include three offshore casinos, two onshore casinos including one in the luxurious 5-star hotel, Deltin Suites in Goa.{{Cite news|last=Layak|first=Suman|title=Jaydev Mody: Gambler-turned-gaming entrepreneur & promoter of Delta Corp bets on casinos|work=The Economic Times|url=https://economictimes.indiatimes.com/jaydev-mody-gambler-turned-gaming-entrepreneur-promoter-of-delta-corp-bets-on-casinos/articleshow/44870810.cms?from=mdr|access-date=2021-08-14}} Additionally, the company operates India's largest integrated five-star resort in Daman, known as The Deltin{{Cite web |title=Delta Corp: Reports, Company History, Directors Report, Chairman's Speech, Auditors Report of Delta Corp |url=http://profit.ndtv.com/stock/delta-corp-ltd_deltacorp/reports |accessdate=8 September 2016 |website=profit.ndtv.com}} and one land-based casino in Sikkim.{{Cite web |date=28 July 2016 |title=Delta Corp acquires temporary license to open new casino in India's Sikkim state |url=http://calvinayre.com/2016/07/28/casino/delta-corp-acquires-temporary-license-to-open-new-casino-in-indias-sikkim-state/ |accessdate=8 September 2016 |website=Calvin Ayre News}}
See also
References
{{reflist}}
External links
- [http://www.deltacorp.in/ Official website]
Category:Companies listed on the National Stock Exchange of India