Delta Corp: In-Line Q4fy18, Near-Term Headwinds Steep Inc in Fees, EBITDAM Comp. In Online Gaming
In this note we summarise the q4-FY18 and full year Fy18 performance of Delta Corp. We will also provide our sensitivity on the recently announced...
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N-Line Q3-FY18 – Multiple Triggers -New Gaming Policy + Sale of Non-Core + Daman Casino License
Revenue grew 73% YoY to INR1,622m in Q3-FY18 (12% QoQ).EBITDA margin expanded 900bps YoY to 42.4%, while EBITDA grew 120% YoY to INR687m. However,...
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Delta Corp - In-Line Q2-FY18 Results, Strong Outlook with Multiple Levers to Growth.
In-line 2Q-FY18 ResultsRevenue grew 8.2% YoY to INR1,453m in 2QFY18.EBITDA margin expanded 290bp YoY to 45.1%, while EBITDA grew 15.6% YoY to...
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Delta Corp At Inflexion Pt near Monopoly in India's Gaming Biz Multiple Levers to Earnings Strong BS
12-15M fair value in the range of Rs. 315-420/- implying upside potential of 12% - 50% - Base CaseBig trigger to watch - Daman Casino Approval –...
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Silver Heritage Group Ltd's First Ever India Facing Casino Resort Starts Gaming in 3 Weeks.
lAfter many construction and financial delays, The Tiger Palace Bhairanawa Nepal Resort' soft-opened its hotel and non-gaming amenities in late...
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