4 Reasons why DeltaCorp be a part of your Portfolio

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banknifty option tips for tomorrow
We are providing the Delta Corp - Investment Analysis to help you arrive at a logical conclusion for the investment as stated below:

4 factors in favor:

1️⃣ Of the total 20 legal gambling facilities in India,  it operates 6 including 5 in Goa and is the only listed casino operator.                 

2️⃣ Very strong moat as casinos are capped by government regulations

3️⃣ Zero debt

4️⃣Daman casino should start anytime soon and will be a bigger draw than Goa Casino ( due to proximity of Bombay Gujarat)

3 risks to business:

🔹Markets perceive High GST as a risk factor. However, we disagree as Co already making tremendous profits despite the highest slab of 28% GST.  

Our Opinion 
Potential  Multi-bagger as also will get 250 Cr from Real Estate project and part disinvestment of stake in Online Gaming business but have a time horizon of at least 2  years.

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