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India’s Delta Corp to launch Kathmandu casino “soon” after receiving Nepal license

by Newsdesk

Sat 11 Jan 2020 at 19:39

India’s Delta Corp to launch Kathmandu casino “soon” after receiving Nepal license

The Marriott Hotel in Kathmandu

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India’s largest gaming operator, Delta Corp, says it will commence operations of a casino at the Marriot Hotel in Kathmandu “soon” after being issued a Nepal casino license.

The update, provided via a filing to the national Stock Exchange of India on Thursday, follows an October 2017 announcement that Delta Corp had signed a Memorandum of Understanding with Everest Hospitality and Hotel, the owners of the Marriot in Kathmandu, to lease space for the operation of a casino. The company said at the time that it was looking to “expand its imprint outside India.”

Under Nepalese law, licensed casinos must be attached to a five-star hotel. There are currently six licensed casinos operating in Nepal of which five are located in Kathmandu.

Delta Corp did not provide any detail on exactly when its impending casino launch would take place.

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Tags: casino Delta Corp India Kathmandu License Marriott Hotel Nepal

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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