Delta Corp shares will be in focus tomorrow after the company announced the discontinuation of operations at its land-based casino, Deltin Zuri, located at The Zuri White Sands Goa Resort and Casino in Pedda Varca, Salcete, Goa. The closure will take effect from January 9, 2026, with operations ceasing at the end of the day on January 8, 2026.

The casino is operated by Delta Pleasure Cruise Company Private Limited, a wholly owned subsidiary of Delta Corp. The company clarified that no binding agreement has been entered into for the sale of this unit or division, and the decision relates solely to the discontinuation of operations at the said location.

In terms of financial contribution, Deltin Zuri recorded an annual turnover of ₹15.51 crore during the last financial year, accounting for around 2.13% of Delta Corp’s consolidated turnover. The net worth of the unit stood at a negative ₹15.26 crore, representing approximately 0.62% (negative) of the company’s consolidated net worth.

The management stated that the casino had been operating at a loss, which led to the decision to shut down the operations. Despite the closure, Delta Corp emphasised that this move is not expected to have a material impact on the company’s overall financial position.

TOPICS: Delta Corp