India’s sole listed gambling operator, Delta Corporation Limited, has released its third-quarter financial results showing that its consolidated income from gaming operations rose by 45.8% year-on-year to reach $18.56 million.

According to a report from GGRAsia citing a release from the Bombay Stock Exchange, Delta Corporation Limited also declared a 680% jump year-on-year in net profit after tax and minority interests for the three months to the end of September to $4.82 million but did not offer any explanation for the increases.

Delta Corporation Limited operates the floating Deltin Royale, Deltin Jaqk and Deltin Caravela casinos in Goa while additionally being responsible for a land-based counterpart inside the small coastal state’s Deltin Suites operation.

Mumbai-based Delta Corporation Limited is controlled by entrepreneur Jaydev Mody and revealed in July that it had reached an agreement to operate a casino in the tiny and landlocked Indian state of Sikkim, which lies on India’s border with China. Goa and Sikkim are the only Indian regions that allow some form of gambling with the firm stating that it had signed “a leave and license agreement” for premises in the Denzong Regency Hotel in the state’s capital city of Gangtok.

GGRAsia cited an April report from Las Vegas-based consulting firm Global Market Advisors as explaining that Sikkim currently hosts a pair of casinos while Goa offers approximately 15 gaming venues. However, the Indian casino scene is soon set to grow by one after Indian conglomerate Essel Group announced two weeks ago that it was planning to open a new enterprise on the Mandovi River christened as the Casino Maharaja.

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