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The Delta Corp stock has lost 38.27 percent of its value over the last six months. The benchmark Nifty50 index has given a return of 11.31 percent over the same duration.
Its two biggest business divisions - casino and online gaming - and saw sharp drop in revenue. Third and the smallest hospitality division saw improvement in revenue during the quarter.
India's online gaming sector has experienced remarkable growth, with over 15 billion game downloads and a user base exceeding 500 million in 2022.The industry made a significant contribution of Rs 20 billion to the government's exchequer in ...