Inside Asian Gaming

IAG NOV 2022年11月 亞博匯 107 26-50 CHAIRMAN Delta Corp 主席 Delta Corp CLAIMS TO FAME 名成事跡 POWER SCORE 權能指數: 601 POSITION LAST YEAR 去年排名: 44 Owns India’s only listed casino operator Becoming established as India’s leader in online gaming space Recently expanded to Nepal and planning integrated resort in Goa 擁有印度唯一上市的賭場營運商 印度網絡博彩領域的領軍人物 近期業務拓展至尼泊爾並有意在果阿打造綜合度假村 JAYDEV MODY 41 JAYDEV MODY will no doubt be delighted at the latest quarterly figures for Delta Corp, with solid sequential and year-on-year growth after a horror run along with so much of the Indian economy these last three years. Segment-wise, however, there are complications. Delta’s land-based casinos in Goa remain subject to the whims and epic procrastinations of a string of Goan governments struggling to relocate the state’s famed riverboat casinos to a gaming precinct north of the capital. Tighter restrictions on local gaming, tax changes, court battles over Delta’s vessels and the question of relocation are a cocktail of instability that Delta Corp is no stranger to. But as India’s premier listed gambling company, shareholders will be hoping for more stability in Goa and Nepal, a nation with a nuisance factor all its own for gaming moguls. Yet the 2017 acquisition of online poker site Adda52.commay still emerge as the canniest of Delta’s investments, given the legal and market momentum that is firming for online skill games. A pending Supreme Court hearing on state legislation hostile to online skill games has the potential to bring respectability and a huge boost in volume to Delta’s online interests in previously taboo state markets. Jaydev Mody 無疑會對Delta Corp的最新季度數據感到十分欣慰。在經歷 了過去三年經濟的可怕運行之後，目前該公司的環比及同比增長皆頗為穩 定。 然而，從細分市場來看，情況卻仍較為複雜。Delta Corp在果阿的實 體賭場依然受制於當地政府的異想天開及史詩級拖延之中。這些政府部門 正努力將該州著名的河船賭場搬遷至首都北部的一個博彩區。 對本地博彩業的嚴格限制、稅收改革、有關Delta船隻訴訟糾紛及遷 徙，所有這些都構成對公司的不穩定因素。但作為印度首屈一指的上市博 彩公司，股東們希望果阿邦及鄰國尼泊爾的穩定。 有鑒於網絡博彩的法律及市場的勢頭正在穩固，Delta於2017年收購 的線上撲克網站Adda52.com可能仍會成為Delta最為明智的投資。最高法 院將針對反對線上遊戲的州份舉辦聽證會，這可能為Delta在此前遭禁的州 市場帶來潛在巨大利益的提升。