Delta Corp receives Nepal Casino License

Delta Corp Limited, India’s only list𒉰ed casino and hospitality company has announced that its Nepal subsidiary has been issued a license for operating a casino in the Marriott resort in Kathmandu, Ne🌺pal.

The company through a stated that it intends to commence casino operations in the Kathmandu property of Marriott very soon, pursuant to the lease agreement with the hotel chain. Delta Corp however did not g💞ive definitive timelines by which casino operations in the Himalayan state would commence.

In October 2017, Delta Corp h꧑ad announced that it had signed a Mem🐬orandum of Understanding (MoU) with Everest Hospitality and Hotels Private Limited to operate a casino in the then under-construction Marrﷺiott property, which ultima🅷tely in July 2019.

Apart from Delta Corp, other Indian casino companies li🐎ke Goa’s Pride Group as well as S♊ikkim’s Mahjong Group already operate casinos in Kathmandu.

Australian Stock Exchange listed Silver Heritage Group as well as Sri Lanka’s Bally’s casino group also have casino operations💧 in Nepal.

Casinos in Nepal are mainly reliant on Indian players since local Nepalese residents are barred from entering casinos. The Nepal government is considering streamlining and updating its casino regulations and policies t🌌o enable foreign investments in the sector and boost tourism in the region.