Kathmandu, January 10
India’s only listed casino company, Delta Corp Ltd, is operating a casino at the Marriott Hotel in Kathmandu. Reportedly, it will be the company’s first market presence outside India.
“Our subsidiary in Nepal has been issued a licence for operating a casino in Nepal,” Delta Corp confirmed to the Bombay Stock Thursday.
The new venture is a result of the company’s agreement with Everest Hospitality and Hotel Pvt Ltd, to lease space at the Marriott Hotel in Kathmandu. The agreement was signed in 2017.
Everest Hospitality and Hotel is a subsidiary of Nepal-based hospitality firm MS Group.
Published on January 10th, Friday, 2020 12:53 PM