India-based casino operator Delta Corp has seen a boost in profits for the 2016 – 2017 financial year thanks to expansion in several areas.

Delta

The company’s development came from marketing strategies that brought sustained increases in visitation and income, expansion in onshore gaming with the addition of live gaming in Sikkim, and the introduction of the Casino Deltin Caravella in Goa.

Company profits rose to INR740m, a 94.7 per cent increase compared to the financial year of 2016. Revenue for the full financial year reached INR4.6bn, up 21.3 per cent from INR3.8bn in the previous year.

EBITDA margins also improved, increasing 32 per cent year-on-year.

Source: Asia Gaming Brief