Daily BriefsEquity Bottom-Up

Equity Bottom-Up: Delta Corp Ltd and more

In today’s briefing:

  • India’s Delta Corporation Endures Omicron with Strong Fiscal 2021-2022 in Vastly Underserved Market

India’s Delta Corporation Endures Omicron with Strong Fiscal 2021-2022 in Vastly Underserved Market

By Howard J Klein

  • Legal casino gaming is limited to only three of India’s states, including Goa, Sikkim and Daman. But nationally US$60b is wagered legally and in grey area sites.
  • Delta’s gambling ships and casinos lie within a roughly 2.5 hour flight from population centers like Mumbai and Delhi.
  • Latest operating results indicate strong gains despite lingering Omicron spurts positioning the stock for a strong upside ahead.

Related tickers: Delta Corp Ltd (DELT.NS)

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