Mumbai | World Casino News

Daily fantasy sports move for Delta Corp Limited

March 6, 2019

Latest Casino and Gambling News, India, Economy/Finance, The Players Lounge, Online Gambling News, Mergers, Acquisitions & Partnerships, Fantasy Sports

Indian gaming and hospitality firm, Delta Corp Limited, has announced that it has signed a deal that is to see it spend approximately $2.28 million in order to acquire a 15.52% stake in its home nation’s second...

Nazara Technologies Limited to bring real-money gaming to Kenya

Adam Morgan

June 5, 2018

Kenya, Latest Casino and Gambling News, Mobile gaming, The Players Lounge, Sports betting, Mergers, Acquisitions & Partnerships, Fantasy Sports

Ahead of a planned stock market launch later in the year, Indian mobile games developer, Nazara Technologies Limited, has reportedly established a joint venture that will enable it to offer real-money gaming se...

Provisional approval for planned Indian casino

Adam Morgan

December 18, 2017

Latest Casino and Gambling News, Casino proposals, Casino News, India, Licenses

In India, last week reportedly saw local firm Golden Play Pvt Limited receive a provisional license that will allow it to prepare the groundwork in advance of opening a new casino inside the Hotel D’Wang in the...

Value of shares in Delta Corporation Limited hit by Daman and Diu merger rumor

Adam Morgan

April 12, 2017

Latest Casino and Gambling News, Gaming Law & Legislation, India

India’s only publicly traded casino operator has reportedly seen the value of its shares plummet after news emerged earlier this week that the nation’s government may soon be about to begin the long-rumored pro...

Delta Corporation Limited receives approval for Gaussian Networks acquisition

Adam Morgan

March 6, 2017

Latest Casino and Gambling News, India, Mergers, Acquisitions & Partnerships

In India, casino operator Delta Corporation Limited has reportedly received approval from shareholders at Gaussian Networks to purchase the firm behind online poker website Adda52.com for approximately $22 mill...

Delta Corporation Limited receives Sikkim casino license

Adam Morgan

January 17, 2017

Latest Casino and Gambling News, Casino openings, India, Licenses

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After months of delays, Indian casino operator Delta Corporation Limited has finally received a provisional license to operate a casino in the small north-eastern state of Sikkim and now intends to open its Cas...

Indian casino operator reports sharp rise in quarterly profit

Adam Morgan

October 29, 2016

Latest Casino and Gambling News, India, Economy/Finance

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...

Legal petition filed against Goa offshore casino license renewal

Adam Morgan

October 28, 2016

Latest Casino and Gambling News, India, Licenses, Fines, Lawsuits & Litigation

In India, activist lawyer Aires Rodrigues has reportedly filed a petition seeking to reverse a government decision to grant an offshore casino license renewal to Mumbai-based firm Golden Globe Hotels Private Li...

Essel Group planning to launch new Casino Maharaja in Goa

Adam Morgan

October 15, 2016

Latest Casino and Gambling News, Casino openings, India

Citing unspecified “inside sources”, Asia Gaming Brief has reported that Indian conglomerate Essel Group is planning to finally open a new offshore casino in Goa christened as the Casino Maharaja. Mumbai-bas...

Indian casino operator posts best-ever quarterly results

Adam Morgan

August 3, 2016

Latest Casino and Gambling News, India, Economy/Finance

The largest gaming and hospitality firm in India, Delta Corp Limited, has released its financial results for the first quarter of 2016 showing a 34.6% increase year-on-year in revenues to $162.3 million. Mum...

Indian state considers legalizing on-shore casinos

Adam Morgan

June 4, 2016

Latest Casino and Gambling News, Gaming Law & Legislation, India

Allowing on-shore casinos in India’s second most populous state could earn the government up to $277 million in annual revenues off total takings of gross approximately $896.34 million. According to a report...

Bombay High Court again directs Maharashtra govt to say if gambling will be legalized

Lars Jones

September 6, 2015

Gaming Law & Legislation, India, Fines, Lawsuits & Litigation

The Bombay High Court in Mumbai, India told the Maharashtra state government on Friday to respond as to whether they plan to legalize casinos there. The court first asked the government for clarification in Mar...