Scientific Game

2017 Inside Asian Gaming Power 50: Number 46 - Jaydev Mody

Monday, 04 December 2017 20:56
Visit us

46 Jaydev Mody

Delta Corp



• On verge of owning small casinos in the only three Indian states to allow them
• Perfectly positioned should Indian casino industry be given the green light

Compared to the estimated US$150 billion a year Indians spend with illegal bookmakers on the national sport of cricket alone, the less than US$100 million raked in by the country’s handful of legal casinos is a drop in the ocean. But that hasn’t stopped Delta Corp from finding an increasingly firm foothold in India’s complex casino market.

Originally a real estate firm, Delta Corp made its first foray into casino gaming in 2008 with the launch of casino ship Deltin Jakq and has since grown to become the dominant player, operating three offshore casinos plus the land-based Deltin Suites Casino Hotel at Nerul, all in Goa, as well as Casino Deltin Denzong in Sikkim.

Guided by the steady hand of Chairman Jadev Mody, the company also ventured into the online space in late 2016 with the acquisition of India’s biggest online poker site, More recently, in October 2017, Delta Corp announced that it had signed an MOU to operate a casino inside the Marriot Hotel in Kathmandu, Nepal, pending government approval.

The company’s initiative saw it book a 21.3% revenue increase to US$71.33 million for the year ended 30 June 2017, with profits up 94.7% to US$11.4 million.

In November, Delta Corp launched the 176 room The Deltin, located in Daman, with casino operations expected to begin in early 2018. Once fully up and running, The Deltin will give Delta Corp a presence in the two Indian states (Goa and Sikkim) and one Union Territory (Daman and Diu) that allow casino gaming.

To return to the full list of 2017 Asian Gaming Power 50 winners, click here.

Current Issue

Design For Profit

Design For Profit Architect Paul Steelman provides his insights into designing the most expensive privately funded buildings on earth and making and breaking trends. By Muhammad Cohen | Editor-at-Large EMINENT casino architect Paul Steelman helped create the Asian gaming boom with the groundbreaking design of Sands... Monday, 29 January 2018 15:11

Climbing the mountain

Climbing the mountain   ASX-listed Silver Heritage Group finally launched hotel and casino operations at its new Tiger Palace Resort Bhairahawa in late 2017, having survived the 2015 earthquake, a fuel blockade on the Nepal-India border and an AU$19 million (US$14.4 million) funding shortage as a result of the delays. ... Monday, 29 January 2018 15:07

Can sportsbooks survive a 1% tax on handle?

Can sportsbooks survive a 1% tax on handle?   The big news coming out of the United States this year is the likely striking down of the federal ban on sports betting. But with many states licking their lips in anticipation of added tax dollars, the sports betting industry may well have another crippling fight on its hands. THE US Supreme C... Monday, 29 January 2018 15:05

Herman Ng:Macau Pioneer

Herman Ng:Macau Pioneer Inside Asian Gaming discovers a bit more about Herman Ng, CEO and Executive Director of Macau-based slot machine services firm Asia Pioneer Entertainment (APE). Ben Blaschke: Can you start by telling us a bit about yourself and your background? Herman Ng: I grew up in Macau and then when I was 16 ... Monday, 29 January 2018 14:52