Delta Corp, one of the best gaming companies in India, is a company that offers its services via properties across the country. This week, a huge earnings increase was reported from their part, for a three-month period ending on 31st December 2021. It was reported that Delta Corp obtained more than 100% increase in earnings, recording Rs 307.65 crore (approximately $41.7 million) during that specific time period.
The report revealed that gaming operations were strong, coming in at Rs 249.65 crore (approximately $33.8 million). This showed an increase from the same period last year when it was reported a generates Rs 97.51 ($13.2 million). This goes to show that online gambling is very popular in India, also shown by the many online casinos offering their services to players including LeoVegas India.
The financial report also showed that hospitality earnings also increased by 106% with a $s 22.29 ($3 million) in earnings.
Delta Corp offers land-based gaming and online services in India. Unfortunately, the company showed a drop in earnings when it comes to online operations. The report proved more than 15% decrease to Rs 35.71 crore ($4.8 million). The company’s most reputable sites include Adda52rummy.com, Adda52.com, and LeagueAdda.com. Delta Corp is known for offering gaming in India via offshore venues like Deltin JAQK and Deltin Royale. They are also responsible for operating the King Casino in Goa.
The reports showed that profits for the quarter were up with an increase going from Rs 1.28 crore ($173.500) to Rs 70.38 crore ($9.5 million). This increase has largely to do with the varying conditions that the company was facing due to COVID-19 restrictions in 2020 since players could not travel to different casinos for gaming, and locally, players were also restricted by gaming venues closures.
Delta Corp Limited experienced closures for the part two years, with only recently being able to reopen its facilities to the public, only if they followed safety precautions, which they did. This brought about a sense of normalcy and increase in revenues.
For the most recent quarter, Delta Corp has reopened its venues in Goa and Sikkin which helped to increase its revenues and push for bigger and better heights.