Delta Corp granted license to operate Sikkim casino

Delta Corp Ltd, a listed Indian monopoly gaming company, is planning to open a new casino in the north-eastern state of India, Sikkim, after successfully receiving a license to operate casinos, according to a report published by GGRASIA yesterday.
The company was granted a provisional license from the Indian government in July to operate casinos, according to the company’s filing with the Bombay Stock Exchange on Tuesday.
The company now plans to open its casino facility inside the Denzong Regency Hotel located in the capital city of Sikkim.
According to the company’s filing dated July 26, 2016, “with reference to issue of a provisional gaming license for Sikkim, we would like to inform you that the company … has been issued a license for operations of a casino in Gangtok, Sikkim, under the Sikkim Casino (Control & Tax) Act, 2002,”
The company said it is ready to begin its casino operations immediately.
The company also announced before that it would operate the new casino as a “live gaming casino” in Sikkim, and expected to create about 150 gaming related jobs from the project.
At the moment, Goa and Sikkim are the only two states in India where gaming venues and casinos are allowed to operate.
According to a report published by consulting company Global Market Advisor LLC (GMA), there are currently two casinos in Sikkim and 15 gaming venues in Goa.
The company reported previously that its consolidated income from July to September last year amounted to US$18.5 million (MOP148 million), an increase of 45.8 per cent year-on-year.