Deltin Royale Casino to be replaced by a larger floating Casino in 2025

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Goa, India: Delta Corp Limited has announced plans to replace its existing offshore casino vessel, Deltin Royale, with a larger, modern floating casino in 2025. The company, known for its luxury gaming and hospitality ventures, continues to expand its presence in India, particularly in Goa, Sikkim, and Daman.

According to a report by CNBC-TV18, Manoj Jain, Chief Operating Officer of Delta Corp, confirmed that the new casino vessel will be 2.5 times larger than Deltin Royale. The upgraded facility will feature world-class gaming options, enhanced luxury offerings, and improved visitor capacity.

Delta Corp’s Expansion and Market Presence

Delta Corp operates three offshore casinos in Goa—Deltin Royale, Deltin Jaqk, and Kings Casino—along with three land-based casinos in Goa and Sikkim. The company also owns two five-star hotels, Deltin Suites in Goa and The Deltin in Daman, with the latter planned as an integrated resort with a casino.

Since its inception in 2012 by Jaydev Mody, the Deltin brand has played a key role in bringing luxury gaming to India, positioning itself alongside international gaming destinations like Las Vegas and Macau. Jain emphasized that the company remains committed to creating high-quality hospitality and gaming infrastructure to drive growth in India’s tourism and entertainment sector.

Growth in Tourism and Hospitality Sector

Jain noted that India’s gaming market is still young but growing rapidly. Delta Corp expects this expansion to accelerate due to urbanization, rising disposable income, and better travel connectivity. Goa, a major hub for the company, saw a 22% increase in domestic tourists in 2024, despite reports of a slowdown in foreign visitors.

He acknowledged that while foreign tourist arrivals in India rose by 9.1% in the first half of 2024, they have yet to reach pre-pandemic levels. However, domestic travel remains strong, contributing significantly to Delta Corp’s steady operations.

Impact of GST on Real Money Gaming

Addressing concerns about the 28% GST on real money gaming, Jain admitted that the policy impacted revenues but emphasized that overall business remained stable. Delta Corp’s Q3 results in 2024 showed a 4% increase, with a consolidated net profit of ₹35.7 crore, up from ₹34.5 crore in the previous year.

The hospitality division performed better than the gaming segment, showing a notable increase in revenue in Q3 2024. The company believes that a continued rise in domestic tourism will contribute to future growth.

Upcoming Developments and Future Expansion

Jain confirmed that Delta Corp is actively investing in new projects, including:

• A 440-room hotel in Goa (under construction).
• Awaiting regulatory approval for a casino license in Daman.
• An integrated resort project in Goa covering 100 acres, featuring a five-star hotel, electronic casino, theme park, shopping mall, and gaming zones.

The company expects these developments to attract a wider range of travelers and strengthen its market position.

Outlook for 2025 and Beyond

Jain highlighted that 2024 was an eventful year for the brand, with over 150 celebrity-studded events and ₹50 crore in giveaways across its properties. Delta Corp also set a world record when guests from 45 countries participated in a game at Deltin Royale.

With the government identifying tourism as a key sector for employment-led growth, Delta Corp expects favorable conditions for expansion. Finance Minister Nirmala Sitharaman’s announcement of a ₹20,000-crore fund for tourism infrastructure and the expansion of the Udaan scheme to 120 destinations is expected to further boost travel.

Jain concluded that Delta Corp is well-positioned to sustain growth and leadership in India’s gaming and hospitality sector, leveraging early-mover advantage, efficient management, and continuous investment in infrastructure.

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