The Deltin Group, a subsidiary of India’s largest gaming company, Delta Corp Ltd (NSE: DELTACORP), will reportedly operate a casino at one of Marriott’s flagship hotels currently being built in Naxal, Kathmandu.
The Deltin Group has reportedly signed a memorandum of understanding with Everest Hospitality and Hotel Pvt Ltd, a subsidiary of Nepalese conglomerate MS Group, to operate a casino in the five-star 235-room Marriott Kathmandu that is currently being built by Everest and slated to open in June next year, according to a report on Tuesday by Nepalese media outlet MyRepublica.
The Marriott Kathmandu will be the second hotel in Nepal to be managed by Marriott, the Fairfield by Marriott Kathmandu having opened in March this year in Thamel.
In a press statement after the signing of the memorandum of understanding, Everest Hospitality and Hotel Pvt Ltd reportedly stated, “Implementing the Marriott brand standards, designed by renowned architects and utilizing the best construction companies, the hotel consists of state of the art services including spa, casino, and variety of restaurants, swimming pool, gym, exclusive suites and lounges,” the statement added. “The Deltin Group, owned by Delta Corp Ltd, featuring India’s largest offshore casinos has redefined gaming and hospitality services in India. It is the only public listed company in this space.”
The statement added, “The Deltin Group’s gaming properties include three live offshore casinos and one land based in Goa, one live onshore casino in Sikkim, having over 250 gaming tables and slot machines and over 2,000 gaming positions,” according to MyRepublica.